Specialty Real Estate
555 Northwest 62nd Street Fort Lauderdale, FL 33309
Details & Description
Call for Pricing
    Berkadia’s Hotels & Hospitality Group (“Berkadia”) is pleased to present the opportunity to acquire the fee simple interest in the 256-key Sheraton Suites Fort Lauderdale at Cypress Creek (“Hotel or “Property”). The Hotel is centrally located at the intersection of Cypress Creek Road and Interstate 95, proximate to numerous corporate and leisure demand generators, and only 15 minutes from Fort Lauderdale-Hollywood International Airport. Offered unencumbered by current management, the Property’s strategic location and operational upside potential offer investors an attractive basis in one of the country’s fastest growing markets.
    Property ID:    198587
    Property URL: melqr.com/198587
    Generated:    04-29-24
    Listing Agents
    Preston Reid

    O: 813-363-1754
    preston.reid@berkadia.com
    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.
    Florida / Fort Lauderdale / 33309 / 555 Northwest 62nd Street

    555 Northwest 62nd Street

    Fort Lauderdale, FL 33309

    Listing ID: 198587
    Print Single-Page Version
    555 Northwest 62nd Street Fort Lauderdale, FL 33309 | for Sale | Photo 1
    Building Size: 12,566 SF
    Lot Size: 4.830 AC
    Land Size: 210,394 SF
    Building $/SF: --
    Land $/SF: --
    Price
    Call for Pricing
    Description

    Berkadia’s Hotels & Hospitality Group (“Berkadia”) is pleased to present the opportunity to acquire the fee simple interest in the 256-key Sheraton Suites Fort Lauderdale at Cypress Creek (“Hotel or “Property”). The Hotel is centrally located at the intersection of Cypress Creek Road and Interstate 95, proximate to numerous corporate and leisure demand generators, and only 15 minutes from Fort Lauderdale-Hollywood International Airport. Offered unencumbered by current management, the Property’s strategic location and operational upside potential offer investors an attractive basis in one of the country’s fastest growing markets.

    Points of Interest & Demographic Radii

    Points of Interest
    Demographic Radii
    POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
     
    Fort Lauderdale History of Specialty Real Estate for Sale

    Fort Lauderdale Area Market Trends

    Listing Demographics for 555 Northwest 62nd Street Fort Lauderdale, FL 33309

    All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

    1-Mile 3-Miles 5-Miles
    Total Population10,390130,046413,878
    Population Median Age394243
    Population by Age0-9 Yrs1485 (14%)14000 (10%)43477 (10%)
    10-19 Yrs1107 (10%)12034 (9%)38775 (9%)
    20-29 Yrs1208 (11%)16124 (12%)48416 (11%)
    30-39 Yrs1453 (13%)16870 (12%)51762 (12%)
    40-49 Yrs1367 (13%)18282 (14%)52159 (12%)
    50-59 Yrs1396 (13%)20300 (15%)61567 (14%)
    60-69 Yrs1368 (13%)16598 (12%)55803 (13%)
    70+ Yrs1006 (9%)15837 (12%)61919 (14%)
    Median HH Income$51,218$51,921$50,714
    Total Household Income< 24K878 (24%)11418 (21%)39468 (23%)
    25-49K881 (24%)13672 (26%)43502 (25%)
    50-74K788 (21%)9522 (18%)30444 (18%)
    75-99K538 (14%)6271 (12%)18792 (11%)
    100-199K458 (12%)8506 (16%)25894 (15%)
    200K+67 (1%)2556 (4%)9759 (5%)
    Highest Education LevelNo Diploma15221412844177
    Diploma or GED25302793790857
    Some College11761884660316
    Assoc. Degree499809725588
    Bachelors Degree10591788155287
    Higher Degree5381066835238
    Total Housing Units4,15461,959221,109
    --Owner-Occupied2,27727,05998,330
    --Renter-Occupied1,33324,88669,529
    Owner-Occupied Values< 100K483331514909
    100-199K933831428536
    200-299K677548019371
    300-399K136441713286
    400-499K2126167530
    500K+27291814698
    Total Working Age Population8,236108,685347,194
    In Work Force5,29872,407215,632
    Not In Work Force2,93736,278131,562
    Workforce Employed4,95867,192199,430
    Workforce Unemployed3405,17916,116
    Civlian Workforce5,29872,371215,546
    Military Workforce03686
    Total Households3,61051,946167,859
    Family Households2,30227,38588,076
    Non-Family Households1,30824,56179,784
    Married Couple1,49118,11457,290
    Other Family8119,27130,786
    Married w/Child5606,28916,293
    Single Male w/Child1461,1643,276
    Single Female w/Child3913,16910,653

    Population Change Last Two Decades - Plus Projection

    2000%2010%2020%2030
    Florida15,982,378+1818,801,310+1421,517,610+1324,340,457
    Broward County1,623,018+81,748,066+111,942,686+92,120,334

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    Common Questions and Answers

    What is the building size of this Specialty property in Fort Lauderdale, FL?
    The size of the building/unit at 555 Northwest 62nd Street in Fort Lauderdale is 12,566 square feet
    How much land does the Fort Lauderdale, FL property at 555 Northwest 62nd Street include?
    555 Northwest 62nd Street in Fort Lauderdale includes 4.830 acres of land
    What kind of Specialty is the propery at 555 Northwest 62nd Street?
    The property at 555 Northwest 62nd Street Fort Lauderdale, FL 33309 is listed as a Hotel/Motel/Resort Specialty property
    What is the population within 1 mile of 555 Northwest 62nd Street in Fort Lauderdale?
    The population within 1 mile of 555 Northwest 62nd Street Fort Lauderdale, FL 33309 is 10,390 people.
    Who do I contact for questions about 555 Northwest 62nd Street?
    You should contact the listing agent, Preston Reid, for any details regarding this commercial listing.

    Other Listings for Sale Nearby

    Address Price Sq Ft Acres
    151 Southwest 12th Avenue, Pompano Beach, FL $3,500,000 66329 1.13
    3541 Northwest 14th Avenue, Pompano Beach, FL $800,000 4748 -
    375 North State Road 7, Plantation, FL $8,500,000 30878 -
    3013 Harbor Drive, Fort Lauderdale, FL CALL 16000 0.37
    2901 North Ocean Drive, Hollywood, FL $4,900,000 7917 -
    1929 Hollywood Boulevard, Hollywood, FL $1,199,000 2972 0.07
    1595 Northwest 89th Terrace, Pembroke Pines, FL $1,800,000 7109 0.95
    214 East Hallandale Beach Boulevard, Hallandale Beach, FL $5,999,999 19968 1.58
    670 Northwest 134th Street, North Miami, FL $1,000,000 4628 0.51
    640 Northwest 129th Street, North Miami, FL $1,500,000 2248 0.5

    Closest Commercial Airports

    Airport Distance (mi)
    Fort Lauderdale Hollywood International Airport (FLL) 9
    Miami International Airport (MIA) 30
    Palm Beach International Airport (PBI) 33
    Price
    Call for Pricing
    Listing Agent
    Preston Reid - CRE Agent at

    Preston Reid

    Berkadia - Tampa

    VIEW AGENT PROFILE

    CONTACT AGENT

    More listings from Preston Reid
    1200 N Westshore Blvd
    Tampa, FL 33607
    Primary photo of 1200 N Westshore Blvd, Tampa, FL
    Call for Price
    • Type Specialty
    • Building SF 300,000
    • Lot AC 5.000
    Featured Local Vendors

    Share
    Other property types near Fort Lauderdale, FL
     • Commercial Real Estate For Sale in Fort Lauderdale, FL
     • Commercial Real Estate For Lease in Fort Lauderdale, FL
     • Office Space For Sale in Fort Lauderdale, FL
     • Office Space For Lease in Fort Lauderdale, FL
     • Industrial Property For Sale in Fort Lauderdale, FL
     • Industrial Property For Lease in Fort Lauderdale, FL
     • Flex-Office-Warehouse Space For Sale in Fort Lauderdale, FL
     • Flex-Office-Warehouse Space For Lease in Fort Lauderdale, FL
     • Retail Space For Sale in Fort Lauderdale, FL
     • Retail Space For Lease in Fort Lauderdale, FL
     • Multifamily Housing For Sale in Fort Lauderdale, FL
     • Specialty Real Estate For Sale in Fort Lauderdale, FL
     • Specialty Real Estate For Lease in Fort Lauderdale, FL
     • Health Care and Medical Properties For Lease in Fort Lauderdale, FL
     • Commercial Land and Lots For Sale in Fort Lauderdale, FL
     • Commercial Land and Lots For Lease in Fort Lauderdale, FL