Waterfront
Address
4140 El Mar Dr Lauderdale By The Sea, FL
Price
$ 16,500,000
Property Attributes
  • MLS#A11001326
  • TypeCommercial
  • CountyBROWARD
  • CityLauderdale By The Sea
  • Area3140
  • Zip33308
  • StyleHotelMotel
  • Price$ 16,500,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size0.52 Acres
Listing Provided Courtesy Of:
Coldwell Banker Realty
Data Source:
Southeast Florida MLS SEFMLS
Property Description

Truly one of a kind Boutique / Resort hotel with an irreplaceable location! 150' on the sand with an oceanfront pool. Located in the quaint seaside village of Lauderdale by the Sea. 47 Spacious Rooms & Suites. Restaurant for hotel guests, Seating 55. Bar with Full Liquor License. Oceanfront Heated Pool. Poolside Tiki Bar. Gym. Central Air Conditioning. Elevator. Additional Development Opportunity - 12 Rooms (Potential to flex to 20 rooms per the seller) & Luxury Thalassotherapy Spa. Asking $4,500,000 plus construction costs incurred to date. Seller recently decided they will not sell the hotel without the development. SELLER REQUIRES THAT LISTING AGENT MUST SCHEDULE AND ACCOMPANY ANY SITE VISITS.

Price History
2/19/2021 Listed $16,500,000

General Features

Building Name Oceanfront Boutique Hotel
Cooling CentralAir
MLS Area 3140
Property SubType HotelMotel
Property Type CommercialSale
Sewer PublicSewer
Structure Type HotelMotel
Waterfront Features OceanFront
Zoning Description RM-25

Interior Features

Air Conditioning Y/N Yes

Exterior Features

Covered Spaces 0.0
Lot Size Area 22500.0
Lot Size Square Feet 22500.0
Lot Size Units SquareFeet
Number of Buildings 1
Water Source Public
Waterfront Y/N Yes

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 33308

Price
AVG $1.85M
$16.5M
Visits
AVG 76
99
Year Built
AVG 1975
1958
Walkscore
AVG 73
57
Data Provided by Walkscore ® not using MLS data

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