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Eden Hotel 3020-3024 Seville St 25 Room Hotel Fort Lauderdale, FL 33304 $16,527,720 CAD ($661,109 CAD/Room) 8.46% Cap Rate
INVESTMENT HIGHLIGHTS
- Prime location directly across from Las Olas Beach, just steps from Fort Lauderdale's central beach
- Newly renovated 25-room hotel spanning 2 buildings, complete with 10 designated parking spots
- Each room features a fully equipped kitchen, TV, high-speed internet, and central A/C, with access to an on-site pool and jacuzzi for ultimate comfort
- The property features 17 studios, 7 one-bedroom units, and 1 two-bedroom unit
- 2025 income projections show over $1M NOI, offering an 8%+ cap rate, making Eden Hotel a high-performing investment opportunity
EXECUTIVE SUMMARY
Introducing Eden Hotel- a newly renovated, 25-room hospitality gem located directly across from Las Olas Beach in Fort Lauderdale, offering breathtaking access to the beautiful central beach just steps away. This prime property includes 17 studios, 7 one-bedroom units, and 1 two-bedroom unit, all fully updated with modern amenities, including fully equipped kitchens, TVs, high-speed internet, and central air conditioning. Guests can relax in the on-site pool and jacuzzi, with the added convenience of 10 designated parking spots. Positioned in a vibrant area near shopping, dining, and entertainment, Eden Hotel combines luxury and location. With 2025 income projections exceeding $1M NOI and an 8%+ cap rate, this property presents an exceptional investment opportunity in one of South Florida's most sought-after locations. Don’t miss out on this phenomenal performing hotel!
FINANCIAL SUMMARY (PRO FORMA - 2025) |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Gross Rental Income |
$2,058,875
|
$164.71
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$2,058,875
|
$164.71
|
| Taxes |
$297,499
|
$23.80
|
| Operating Expenses |
$362,370
|
$28.99
|
| Total Expenses |
$659,869
|
$52.79
|
| Net Operating Income |
$1,399,005
|
$111.92
|
FINANCIAL SUMMARY (PRO FORMA - 2025)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $2,058,875 |
| Annual Per SF | $164.71 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $2,058,875 |
| Annual Per SF | $164.71 |
| Taxes (CAD) | |
|---|---|
| Annual | $297,499 |
| Annual Per SF | $23.80 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $362,370 |
| Annual Per SF | $28.99 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $659,869 |
| Annual Per SF | $52.79 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $1,399,005 |
| Annual Per SF | $111.92 |
PROPERTY FACTS
| Price | $16,527,720 CAD | Lot Size | 0.29 AC |
| Price Per Room | $661,109 CAD | Building Size | 12,500 SF |
| Sale Type | Investment | No. Rooms | 25 |
| Cap Rate | 8.46% | No. Stories | 3 |
| Property Type | Hospitality | Year Built/Renovated | 1970/2025 |
| Property Subtype | Hotel | Parking Ratio | 0.8/1,000 SF |
| Building Class | C | Corridor | Exterior |
| Zoning | ABA - A-1A - Motel/ABA - A-1A BEACHFRONT AREA DISTRICT | ||
| Price | $16,527,720 CAD |
| Price Per Room | $661,109 CAD |
| Sale Type | Investment |
| Cap Rate | 8.46% |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 0.29 AC |
| Building Size | 12,500 SF |
| No. Rooms | 25 |
| No. Stories | 3 |
| Year Built/Renovated | 1970/2025 |
| Parking Ratio | 0.8/1,000 SF |
| Corridor | Exterior |
| Zoning | ABA - A-1A - Motel/ABA - A-1A BEACHFRONT AREA DISTRICT |
AMENITIES
- High Speed Internet Access
- Public Access Wifi
- Fully-Equipped Kitchen
- Multi-Room Suites
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Suite | 18 | $163.90 CAD | - |
| Guest Room | 7 | $101.92 CAD | - |
1 1
PROPERTY TAXES
| Parcel Number | 50-42-12-10-0670 | Total Assessment | $475,898 CAD |
| Land Assessment | $0 CAD | Annual Taxes | $297,499 CAD ($23.80 CAD/SF) |
| Improvements Assessment | $0 CAD | Tax Year | 2025 |
PROPERTY TAXES
Parcel Number
50-42-12-10-0670
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$475,898 CAD
Annual Taxes
$297,499 CAD ($23.80 CAD/SF)
Tax Year
2025
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Eden Hotel | 3020-3024 Seville St
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