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
Photos
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. Compare it against other commercial property listings for sale in Fort Lauderdale, FL — view the full market.
Contact
- Stephen Molinari — KW Commercial | Boca Raton East · +15613056161 · stephen@molinaricommercial.com
- Stephen Molinari · +15613056161 · stephen@molinaricommercial.com
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