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205 N Fort Lauderdale Beach Blvd, Fort Lauderdale, FL, 33304

Snooze Hotel
$11,500,000

Key Information

Tot. SF
8,427
Lot Size
0.14 Acres
Year Built
1951/2016 (R /2022(R)
Type
Hospitality
Occupancy
98%

Highlights

  • The Offering: The sale includes both the real estate and business of the Snooze Hotel, a 4-story, 19-room oceanfront boutique property in Fort Lauderdale, featuring unobstructed ocean views, direct beach access, and exceptional guest satisfaction with over 630 Google reviews averaging 4.6 stars and 98% occupancy.
  • Turnkey Condition: Completely renovated in 2015 with new electrical and plumbing systems installed in 2022, providing updated infrastructure and minimal near-term capital requirements.
  • Trip Advisor Scores: #3 Ranked Hotel by Trip Advisor in Fort Lauderdale for 2025; #1 Independent Ranked Hotel by Trip Advisor in 2025.
  • Affluent Oceanfront Location: Ideally situated in the prestigious Fort Lauderdale Beach submarket—the largest of the four hotel submarkets in Greater Fort Lauderdale with nearly 11,000 rooms—which delivers the highest RevPAR in the entire market at $166, supported by a 3.6% ADR increase and anticipated 0.7% RevPAR growth by year-end 2025 (significantly outperforming the overall Fort Lauderdale market RevPAR of $127).
  • Booming Tourism Destination: Greater Fort Lauderdale welcomed 22.4 million visitors in 2024, with Florida achieving a record 34.4 million visitors in Q2 2025 and domestic visitation reaching 130.7 million in 2024 (up 1.3% from 2023), generating $125.4 million in tax revenue (second-highest on record) and supporting 101,700 jobs, while Downtown Fort Lauderdale’s economic impact hit $43 billion annually (a 44% increase since 2019) and Las Olas Boulevard (0.7 miles south of the hotel) saw a 5% year-over-year visitation rise in spring 2025.

Photos

Location

Agents

Broker of Record

Kyle Matthews

License # CQ1066435 (FL)
Matthews Real Estate Investment Services, Inc
1600 West End Ave, Ste. 1500 Nashville, TN 37203