SHERIDAN HOSPITALITY BUSIN & PROP SALE. 3 Properties Offered at $9,744,275 CAD in Dania Beach, FL

This Exceptional PORTFOLIO provides an opportunity to acquire a professionally managed HOTEL and HOSTEL with an additional Vacant Land in prime location of beautiful Dania Beach, Florida. This rare offer allows a hospitality or multifamily investor to secure a low maintenance business operation with an average net income exceeding $825,000. All three properties included in this sale offer quality features and professionally trained and self-sufficient on site Management Team.
NUMBER ONE: The "SHERIDAN SUITES APART HOTEL" at 1501 SW 2nd Avenue comprises a two-story, gated building with 11 conventional apartment units, commercial pool, and sun deck. The apartments include studios, one, two, and three-bedrooms units. Most Unites were recently upgraded. New aluminum roof was installed in 2024. The units are fully furnished and supplied. Full kitchens and flat screen TVs are installed in every room. Our Guests also enjoying access to shared amenities such as a heated Pool, coin-operated Laundries, Free high-speed Wi-Fi, and on-site Parking. Currently, the units are rented daily hotel style. Hotel Contracts are established with most Hotel Travel bookers/advertisers, such as Expedia, Booking.com, Airbnb, VRBO, and most others.
We have seasoned Management Team, Full Digital Management System (PMS and CRM) with digital on line Registration ( Airline Style).

NUMBER TWO: The "Sheridan Hostel" at 1500 SW 2nd Avenue in Dania Beach, provides daily, BED-FOR RENT. Hostel consists of TWO Studio apartments and 73 Guest's beds in nine hostel rooms. All rooms offer in-suite bathrooms, and two extra outdoor Guests Bathrooms, Exterior Common Kitchen, 2 propane BBQ grills, Smoking areas, TV Lounge, and Guest's Coin Laundry. Hostel beds are offered at most affordable price point. The Hostel captures a significant demographic including younger travelers to the area.

NUMBER THREE: The Portfolio sale includes additional Vacant Land Lot at 47 SW 15th Street ( gated 0.3-acre vacant land lot). Placed directly adjacent to the Sheridan Suites Apart Hotel, the lot allows for multiple expansion opportunities to add new units, amenities, or parking to the property.
The Portfolio is near the intersection of Sheridan Street (Main Artery between Dania Beach & Hollywood Beach) and Federal Highway ( Main Avenue coming across from Miami Beach to Fort Lauderdale), the portfolio enjoys an easily accessible location, that is perfect for both local renters and overnight visitors. These nearby corridors allow guests to easily reach the best that the city has to offer in radius of several miles Fort Lauderdale Airport & Cruise Port, Hollywood Beach, Dania Pointe, Shopping Mall, Arts Park at Young Circle, the Hollywood Beach Golf Club, and the Casino at Dania Beach. Surrounding area also offers convenient proximity to near by retail locations like Starbucks, Chipotle, Pollo Tropical, Charley’s Cheesesteaks and Wings, Publix Super Market, Walgreens Pharmacy several Banks, Restaurants and much more.
The Seller of Business will provide a new owner with sufficient training to insure smooth take over. Present Management team is equipped with a full Operational & Accounting System, , complete Video Security System and All other necessities for daly supervision.
Among other improvements: mature landscaping, artesian water irrigation system, and digitally controlled keyless access. Fully Trained and highly capable team of employees will stay and will continue to operate the Business and Property in all capacities. All that required from a new Owner is to be kind and respectful and this hands-free investment will take care of the rest.
We are hoping that Prospect will have many questions that we will be glad to answer.
Thanks, Mike Z., The original Owner and GM.