PRICED AT ONLY: $6,999,000
Address: 4525 El Mar Drive, Lauderdale By The Sea, FL 33308
Description
Presenting a rare boutique hospitality investment in the heart of Lauderdale by the Sea, just steps from the ocean. This 13 key Mexican Hacienda style hotel combines charm, prime location, and strong financial performance, with significant upside potential for investors.The property includes a variety of guest accommodations:2 Bedroom / 3 Bath House with Office & Separate Entrances (currently owner occupied but ideal as an income producing rental)1 Bedroom / 2 Bath Suite1 Bedroom / 1 Bath Suite10 Large Studio UnitsBeyond its distinctive architecture and tropical courtyard appeal, the asset delivers strong financials supported by both historical operations and pro forma projections.Financial Highlights:House Income Pro Forma:$399/night = $2,793
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- MLS#: RX-11127847 ( Hotel-Motel )
- Street Address: 4525 El Mar Drive
- Viewed: 9
- Price: $6,999,000
- Price sqft: $0
- Waterfront: No
- Year Built: 1946
- Bldg sqft: 0
- Days On Market: 21
- Additional Information
- Geolocation: 26.1934 / -80.0957
- County: BROWARD
- City: Lauderdale By The Sea
- Zipcode: 33308
- Provided by: Keller Williams Realty Services
- Contact: Stephen Molinari
- (561) 245-4000
- DMCA Notice
Features
Bedrooms / Bathrooms
- Num Toilets: 13
Building and Construction
- Absolute Longitude: 80.095715
- Flooring: Tile
- Roof: Concrete Tile
- Sqft Source: Tax Rolls
- Total Number Of Units: 13
- Type Of Building: Hotel / Motel
Property Information
- Property Desc: Hotel-Motel
- Property Group Id: 19990816212135227274000000
Utilities
- Air Conditioned: 100.00
- Cooling: Central Individual
- Fire Protect: Smoke Detector
- Heating: Central Individual
- Num Of Stories: 2.0
- Utilities: Other
Finance and Tax Information
- Tax Year: 2024
Rental Information
- Tenant Pays: None
Other Features
- Avail Docs: Survey
- Avail Info: Photos
- Country: United States
- Legal Desc: LAUDERDALE BY THE SEA 6-2 B LOT 9, 10, 11 S 1/2 BLK 11
- Location: Beach Area
- Parcel Id: 494318010860
- Possession: At Closing
- Sale Includes: Building and Land, Fixtures, Furniture, Inventory, License, Signs, Trade Name
- Use: Hotel/ Motel
- Zoning: RM-25
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Contact Info
- The Real Estate Professional You Deserve
- Mobile: 904.248.9848
- phoenixwade@gmail.com
