Income-producing Hotel Condo
$1,068,000
551 North Fort Lauderdale Beach Boulevard, Fort Lauderdale, FL 33304
6.8
Cap Rate
72,522
NOI
Details:
Highlights:
- Exceptional returns
- 30 days annual owner usage
- Oceanfront
- Major Flag
- Luxury Branded
Description:
Two studio units, can be purchased together or separately for $534,000 each in The Ocean Resort Residences. Owner can stay up to 30 days per year and the hotel manages the rest. These fully furnished studios designed by Steven G. with breathtaking ocean & intracoastal views make the perfect investment with substantial returns, plus part-time resort style living - including gym, pool, beach service, bike rentals, 24/7 valet service, daily housekeeping, 2x weekly laundry service, room service, private airport service, water, wi-fi & basic cable all included. Full service spa and fine restaurants on-site, shopping and entertainment nearby. Just minutes to Fort Lauderdale Airport, between Miami and Palm Beach.
Location
Gallery
