Specialty Real Estate
375 North State Road 7 Plantation, FL 33317
Details & Description
Price: $8,500,000
    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
    • 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
    Building Size: 30,878 SF
    Lot Size: --
    Land Size: --
    Building $/SF: $275.28
    Land $/SF:
    Price
    $8,500,000
    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.

    Common Questions and Answers

    What is the asking price for 375 North State Road 7 in Plantation?
    The asking price for 375 North State Road 7 is $8,500,000
    What is the building size of this Specialty property in Plantation, FL?
    The size of the building/unit at 375 North State Road 7 in Plantation is 30,878 square feet
    What kind of Specialty is the propery at 375 North State Road 7?
    The property at 375 North State Road 7 Plantation, FL 33317 is listed as a Hotel/Motel/Resort Specialty property
    What is the population within 1 mile of 375 North State Road 7 in Plantation?
    The population within 1 mile of 375 North State Road 7 Plantation, FL 33317 is 20,718 people.
    Who do I contact for questions about 375 North State Road 7?
    You should contact the listing agent, David Greenburg, for any details regarding this commercial listing.

    Closest Commercial Airports

    Airport Distance (mi)
    Fort Lauderdale Hollywood International Airport (FLL) 5
    Miami International Airport (MIA) 24
    Palm Beach International Airport (PBI) 39
    Price
    $8,500,000
    Listing Agent
    Listing Co-Agent
    David Greenburg - CRE Agent at Marcus & Millichap

    Christopher Passeggiata

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

    Gabriel Shamay

    Independent Agent
    More listings from David Greenburg
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