Sky Islands Beach Hotel — Sale in Fort Lauderdale, FL

  • Price: $4.9M
  • Listing type: For sale
  • Asset type: Business
  • Location: Fort Lauderdale, FL 33308
  • Size: 5,959 SF
  • Year built: 1967

Investment Figures

Cap rate
7.49%
Price per square foot
$822
Price per unit
$288,235 across 17 units

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

KW Commercial is proud to present a rare opportunity to acquire a boutique 2-story, 16-key hotel across from the vibrant, beachfront Galt Ocean Mile The property is thoughtfully configured with 8 traditional guest rooms and 8 spacious efficiency units, each featuring a private kitchenette and bathroom. Beyond the guest rooms, the property also boasts a 17th door housing an office & retail storefront. To elevate the investment further, the site includes a beer and wine license, and a commercial kitchen license, creating an exciting avenue for on-site sales and added revenue streams, currently not being leveraged. Positioned as both a strong income generator and a versatile hospitality play, this hotel blends immediate operational upside with long-term potential. Built in 1967, the hotel sits on a 0.30-acre lot with direct frontage to Ocean Drive. The property features amenities such as an outdoor pool, picnic and barbecue area, retail beer, wine, and tobacco store, ATM, and 24-hour front desk. The hotel is positioned across the street (A1A) from Fort Lauderdale Beach and is near numerous demand generators such as Downtown Fort Lauderdale, Fort Lauderdale - Hollywood International Airport, and Las Olas. All new impact windows recently installed throughout. Building SF: 5959 | Year Built: 1967 | Listing Type: FOR SALE

Market Context

This commercial property in Fort Lauderdale, FL is listed for sale at $4,900,000 across 5,959 SF ($822/SF). It is offered at an approximate 7.5% capitalization rate, a key benchmark for income-producing commercial property assets. The building dates to 1967. It has been on the market for 70 days. Compare it against other commercial property listings for sale in Fort Lauderdale, FL — view the full market.

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