$590,891
$830,000
28.8%For more information regarding the value of a property, please contact us for a free consultation.
Address not disclosed Fort Lauderdale, FL 33304
Key Details
Sold Price $590,891
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
MLS Listing ID F10341994
Sold Date 06/01/23
Year Built 2007
Property Description
Established, Luxury Resort Boutique Business opportunity. Located in the center of the Ritz-Carlton, Fort Lauderdale Beach hotel lobby. Existing relationship, exclusivity and inventory in top luxury designer collections. Advantageous rental agreement, approximately 7 years remaining with a below market value rental price. Upside opportunities are endless. Inventory has been managed and is currently lean to facilitate profit potential in the transfer to new owner. Current inventory categories are Designer Sunglasses and jewelry. High end finishes and build out include hidden stock closets. No stockroom to manage which keeps operations simple. Business is operating at a profit and is priced to sell.
Location
State FL
County Broward County
Area Ft Lauderdale Beach (3130-3170)
Interior
Heating Central Building A/C
Flooring Carpeted Floors
Others
Acceptable Financing Cash, Secondary Financing
Listing Terms Cash, Secondary Financing
Read Less
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Bought with Douglas Elliman






