For Sale
$3,750,000

4213 El Mar Dr Lauderdale-by-the-Sea, FL 33308

Beachfront Hotel, Updated Units, Great ROI

Property Records

Overview

Added:
Dec 11, 2024
Days on market:
138
This unique investment opportunity presents a fully renovated boutique hotel in the desirable Lauderdale-by-the-Sea, Florida. Located at 4213 El Mar Drive, this property boasts a prime beachfront location, offering easy access to shops, restaurants, and vibrant nightlife. Built in 1954 and completely updated, the hotel comprises a diverse mix of units designed for optimal occupancy. The configuration includes one one-bedroom, one-bathroom unit with a full kitchen; two studio units, each with a kitchen; and three two-bedroom units, all featuring full kitchens. Every unit is equipped with either split AC units or full-unit air conditioning systems. One unit features a spacious deck overlooking El Mar Drive, providing stunning views. Currently operating as a long-term rental property, this hotel presents a strong potential for immediate income generation and future appreciation. The property is situated in Broward County, Florida, with a zip code of 33308. The lot size is not specified. This is an exceptional opportunity to acquire a well-maintained, income-producing hotel in a highly sought-after coastal location. The asking price for this exceptional property is $3,750,000.

Highlights

  • $3,750,000 asking price.
  • Special purpose property.
  • 1954 year built.
  • 0 sq ft lot size.
  • Located at 4213 El Mar Drive, Lauderdale-by-the-Sea, FL 33308.
  • Boutique hotel with a mix of one-bedroom, studio, and two-bedroom units, all with kitchens and A/C.

Property Details for 4213 El Mar Dr

Property type
Specialty properties
Year Built
1954

Location Insight

City
Lauderdale-by-the-Sea
County
Broward
State
Florida
Latitude
26.1863406
Longitude
-80.0964722

FAQs

What type of property is this?
Specialty property - Beachfront Hotel, Updated Units, Great ROI
Where is the specialty property located?
The property is located at 4213 El Mar Dr Lauderdale-by-the-Sea, FL.
What is the asking price?
The asking price for this property is $3,750,000.
What are key features of this property?
This property features: $3,750,000 asking price.; Special purpose property.; 1954 year built.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
4213 El Mar Dr
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message