Specialty Real Estate - For Sale
375 North State Road 7 Plantation, FL 33317
Details & Description
Price: $8,500,000
  • Property Type Specialty for Sale : Hotel/Motel/Resort
  • Lot Size Acres 0.000
  • Building Sq Ft 30,878
  • Building Price per Sq Ft $275.28
Located within the Miami - Fort Lauderdale - West Palm Beach, Florida MSA, the Seventh-Largest MSA in the United States by Population Size which Contains a Population of over 6.16 Million People.Marcus & Millichap has been exclusively retained to offer for sale the fee simple interest in the 76-room Plantation Inn Hotel & Lounge located in Plantation, Florida. Plantation is part of the Miami - Fort Lauderdale - West Palm Beach, Florida Metropolitan Statistical Area (MSA), the seventh-largest MSA in the United States by population size. The property is a three-story, select-service hotel located directly off U.S. Highway 441 and West Broward Boulevard, two major thoroughfares of Greater Fort Lauderdale. The area surrounding the property is a short drive to downtown Fort Lauderdale and hosts a variety of demand generators including: Fort Lauderdale - Hollywood International Airport, Sawgrass Mills Shopping Mall, and Fort Lauderdale Beach, among others. The Plantation Inn Hotel & Lounge offers investors the opportunity to acquire an independent, select-service hotel in an established and rapidly growing market.
Property Highlights
 Conversion Opportunity Property is Zoned for Multifamily, Office and Hotels
 Rebranding Opportunity
Listing Agents
David Greenburg

O: 954-245-3449
david.greenberg@marcusmillichap.com
Christopher Passeggiata
Marcus & Millichap
O: 954-245-3581
christopher.passeggiata@marcusmillichap.com
Gabriel Shamay
Marcus & Millichap
O: 954-245-3430
gabriel.shamay@marcusmillichap.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.

375 North State Road 7

Plantation, FL 33317

Plantation Inn

Listing ID: 275635
$8,500,000
For Sale
  • Property Type Specialty for Sale : Hotel/Motel/Resort
  • Lot Size Acres 0.000
  • Building Sq Ft 30,878
  • Building Price per Sq Ft $275.28
  • 375 North State Road 7 Plantation, FL 33317 | for Sale | Photo 1
  • 375 North State Road 7 Plantation, FL 33317 | for Sale | Photo 2
  • 375 North State Road 7 Plantation, FL 33317 | for Sale | Photo 3
375 North State Road 7 | for Sale | Thumbnail 1
375 North State Road 7 | for Sale | Thumbnail 2
375 North State Road 7 | for Sale | Thumbnail 3
Property Highlights
 Rebranding Opportunity
 Conversion Opportunity Property is Zoned for Multifamily, Office and Hotels
Description

Located within the Miami - Fort Lauderdale - West Palm Beach, Florida MSA, the Seventh-Largest MSA in the United States by Population Size which Contains a Population of over 6.16 Million People.

Marcus & Millichap has been exclusively retained to offer for sale the fee simple interest in the 76-room Plantation Inn Hotel & Lounge located in Plantation, Florida. Plantation is part of the Miami - Fort Lauderdale - West Palm Beach, Florida Metropolitan Statistical Area (MSA), the seventh-largest MSA in the United States by population size. The property is a three-story, select-service hotel located directly off U.S. Highway 441 and West Broward Boulevard, two major thoroughfares of Greater Fort Lauderdale. The area surrounding the property is a short drive to downtown Fort Lauderdale and hosts a variety of demand generators including: Fort Lauderdale - Hollywood International Airport, Sawgrass Mills Shopping Mall, and Fort Lauderdale Beach, among others. The Plantation Inn Hotel & Lounge offers investors the opportunity to acquire an independent, select-service hotel in an established and rapidly growing market.

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

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Plantation Area Market Trends

Listing Demographics for 375 North State Road 7 Plantation, FL 33317

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 Population20,718188,651449,675
Population Median Age333639
Population by Age0-9 Yrs3574 (17%)26951 (14%)53962 (12%)
10-19 Yrs3421 (16%)26870 (14%)51595 (11%)
20-29 Yrs3214 (15%)27646 (14%)67658 (15%)
30-39 Yrs2648 (12%)25677 (13%)64676 (14%)
40-49 Yrs2226 (10%)22174 (11%)57677 (12%)
50-59 Yrs2530 (12%)23516 (12%)60101 (13%)
60-69 Yrs1616 (7%)20028 (10%)50987 (11%)
70+ Yrs1488 (7%)15789 (8%)43020 (9%)
Median HH Income$45,915$43,798$50,746
Total Household Income< 24K1239 (23%)16653 (28%)38966 (24%)
25-49K1677 (31%)16290 (27%)41123 (25%)
50-74K1175 (22%)10417 (17%)28974 (17%)
75-99K511 (9%)5476 (9%)19126 (11%)
100-199K614 (11%)8193 (13%)26630 (16%)
200K+95 (1%)1760 (2%)7308 (4%)
Highest Education LevelNo Diploma18952401546977
Diploma or GED37484027391222
Some College29632345159875
Assoc. Degree1041981029422
Bachelors Degree16831668256784
Higher Degree773803431280
Total Housing Units5,77966,569188,689
--Owner-Occupied2,98930,04684,153
--Renter-Occupied2,32228,74377,974
Owner-Occupied Values< 100K472712117654
100-199K991813724004
200-299K971689917705
300-399K439409412073
400-499K7521966210
500K+4015986506
Total Working Age Population14,810145,295364,497
In Work Force9,23593,472242,144
Not In Work Force5,57651,823122,353
Workforce Employed8,58584,677224,461
Workforce Unemployed6508,74717,500
Civlian Workforce9,23593,424241,961
Military Workforce048183
Total Households5,31158,789162,127
Family Households4,09139,00293,857
Non-Family Households1,22019,78768,270
Married Couple1,90620,09454,656
Other Family2,18518,90939,201
Married w/Child7987,63719,042
Single Male w/Child651,5893,898
Single Female w/Child9046,97813,688

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.

Closest Commercial Airports
Airport Distance (mi)
Fort Lauderdale Hollywood International Airport (FLL) 5
Miami International Airport (MIA) 24
Palm Beach International Airport (PBI) 39
Listing Agent
Listing Co-Agent
David Greenburg - CRE Agent at Marcus & Millichap

Christopher Passeggiata

Listing Co-Agent
David Greenburg - CRE Agent at Marcus & Millichap

Gabriel Shamay

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