701 Bayshore Drive, Fort Lauderdale, FL 33304
$11,000,000
Property Type:
Commercial Sale
Square Footage:
13,093
Lot Size (sq. ft.):
12,197
Status:
Closed
Current Price:
$11,000,000
List Date:
12/27/2024
Last Modified:
1/24/2026
Overview
Description
Prime Intracoastal location. Mid Century Modern Property currently operated as an all suites hotel transitioning to annual furnished apartment rentals as of May 1, 2025. All units separately metered. Club Nibbles waterfront restaurant included in the purchase. 6 direct Intracoastal Apartments plus 7 pool side apartments. (See Executive Summary attached along with informative video of the property and the area from the link under "Virtual Tour". A 4 unit multi- family property across the street also available with the purchase of this property. Not available separately.Note: Property to the south also available by different owner.
Listing Details MLS# F10474240
General Property Information
- Property Sub Type
- Hotel/Motel
- Building Area Main
- 13093
- Year Built
- 1957
- Parking Total
- 10
- Lot Size Acres
- 0.28
- Stories Total
- 3
Property Features
Building Features:
Coffee Shop; Elevator(s); Fenced Area; Kitchen Facilities; Public Restroom(s); Restaurant
Business Type:
Commercial
Documents Available:
Aerial Photo(s)
Flooring:
Ceramic Tile; Marble; Slate
Foundation Details:
Piling
Heating:
Central Individual
Location of Property:
Location In A Flood Zone
Parking Features:
Guest
Property Condition:
Resale
Sale Includes:
Business; Furniture
Construction Materials:
CBS; Second/Third Floor Concrete
Cooling:
Central Individual
Lot Features:
Landscaped
Road Frontage Type:
City Street
Roof:
Concrete
Sewer:
Public Sewer
Structure Type:
Hotel/Motel; Warehouse
Utilities:
Natural Gas Available
Water Source:
Public
Showing Requirements:
Appointment Only; Call Listing Agent
Contingencies:
Financing
Contract Information
- Comp Sale YN
- No
- Listing Contract Date
- 2024-12-26
- Original List Price
- 12500000
Location and Legal
- Country
- United States
- County Or Parish
- Broward
- County Parish Name
- Broward
- Street Number
- 701
- Street Name
- Bayshore
- Street Suffix
- Drive
- City Name
- Fort Lauderdale
- State Or Province
- FL
- Postal Code
- 33304
- Area
- 3170
- Geographic Area
- FBEA - Ft Lauderdale Beach (3130-3170)
- Parcel Number
- 504201060760
- Zoning
- IOA
- Directions
- A1A south of Sunrise Blvd to Terra Mar. West to Intracoastal. North to property on left with towering staircase.
Status Change Information
- Major Change Timestamp
- 2025-05-23T19:42:31Z
- Major Change Type
- Status Change
- Price Change Timestamp
- 2025-02-15T15:36:16Z
- Status Change Date
- 2025-05-24
- Under Contract Date
- 2025-05-10
- Close Date
- 2025-05-23
- Close Price
- 11000000
- Buyer Financing
- Cash
Building and Property Details
- Maximum Ceiling Height
- 102
More Information
Meter Information
- Number Of Meters Total
- 15
Concessions
- Seller Concessions
- No
Price Calculations
- Current Price To SqFt
- 840.14
- Original List Price To Close Price
- 0.88
Originating Details
- Originating System Key
- 590840975
- Originating System ID
- M00000170
Currently Not Used
- Ownership Type
- Partnership
Office/Member Information
- DXORIGMLSID
- FLL
Flooring
- Ceramic Tile
- Yes
- Marble
- Yes
- Slate
- Yes
Foundation Details
- Piling
- Yes
Parking Features
- Guest
- Yes
Property Condition
- Resale
- Yes
Documents Available
- Aerial Photo(s)
- Yes
Structure Type
- Hotel/Motel
- Yes
- Warehouse
- Yes
Location of Property
- Location In A Flood Zone
- Yes
Sewer
- Public Sewer
- Yes
Utilities
- Natural Gas Available
- Yes
Building Features
- Coffee Shop
- Yes
- Elevator(s)
- Yes
- Fenced Area
- Yes
- Kitchen Facilities
- Yes
- Public Restroom(s)
- Yes
- Restaurant
- Yes
Business Type
- Commercial
- Yes
Heating
- Central Individual
- Yes
Sale Includes
- Business
- Yes
- Furniture
- Yes
Construction Materials
- CBS
- Yes
- Second/Third Floor Concrete
- Yes
Lot Features
- Landscaped
- Yes
Road Frontage Type
- City Street
- Yes
Roof
- Concrete
- Yes
Water Source
- Public
- Yes
Cooling
- Central Individual
- Yes
Showing Requirements
- Appointment Only
- Yes
- Call Listing Agent
- Yes
Contingencies
- Financing
- Yes
Listing Office:
Distinctive Real Estate Inc
Last Updated: January - 24 - 2026
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