SOLD: Rotella Groups Reps Seller In $12 Million 63 Guest Room Hotel Property

2900 Terramar Street Fort Lauderdale, FL 33304
The Rotella Group, in collaboration with Castelli Real Estate Services, successfully closed the $12 million sale of a 63-guest-room hotel property located in Fort Lauderdale’s Central Beach District.

This rare resort opportunity offers investors a solid, income-producing asset in one of South Florida’s most desirable coastal markets, just blocks from world-famous Fort Lauderdale Beach.

The property features a three-building interconnected compound of two- and three-story structures, encompassing 63 guest rooms, three sparkling swimming pools, two spacious hot tubs, and a fitness room. Altogether, the resort spans 26,184 SF on a 38,482 SF lot.

Recent renovations enhance the property’s fresh, tropical atmosphere. Each guest room includes premium bath amenities, crisp white linens, in-room safes, refrigerators, and complimentary Wi-Fi. The hotel has also been recognized with multiple hospitality honors, including TripAdvisor’s coveted “Certificate of Excellence.”

Ideally situated within walking distance of the beach, restaurants, cafés, and boutique shops, this sale underscores The Rotella Group’s continued success in South Florida’s competitive hospitality and investment markets.

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Press Release

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Overview

  • Land SF: 37,497
  • Building SF: 21,543sqft
  • City: Fort Lauderdale
  • Zip code: 33304

$12,000,000.00

Sold

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Location

26.130973
-80.106640
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Closed
2900 Terramar Street Fort Lauderdale, FL 33304
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