3300 Ne 27th St, Fort Lauderdale, FL 33308

$4,750,000
List Price
$4,750,000
MLS#
A10859691
Status
ACTIVE
Type
Commercial

Property Description

Green Island Inn is unique property by its Key West ambiance,its 870’ proximity to the beach and its RMH-60 zoning.It has been owned by a family for 60y. 25 units motel operated as 27 units in a good condition.Extensive landscaping creates a lot of privacy for the guests.Open courtyard is surrounding large in-ground pool with gazebos.Zoning RMH60 Residential Multifamily High- Rise Density District allows 50 units p/ac.Permitted uses include multifamily residential use,hotels, motel, &day care facilities.It allows mixed-use development,nursing homes,schools,hospitals, etc. as conditional use. Units break down:11 efficiencies (265sf.ft),10 large efficiencies (365sf.ft) &4 1BDs of various sizes (378-858sf.ft).All efficiencies have small kitchen areas. Floor plans attached.27 parking spaces.

Additional Information

Days on Market
14
Tax Amount
$32,750
Parcel Number
494330030010
Lot Size
24,124
Directions
The property is located in the central eastern section of the City of Ft. Lauderdale.It is bordered to the N by Oakland Park Boulevard, to the S by Sunrise Boulevard, to the E by the Atlantic Ocean and to the W by the Intracoastal Waterway.
Address
3300 Ne 27th St, Fort Lauderdale
Year Built
1955
Section
30
Special Information
Sale

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Listing courtesy of Keller Williams Realty Profess.