4140 El Mar Dr, Lauderdale By The Sea, FL 33308
sale
$16,500,000
|
Commercial/Industrial, Hotel/Motel
Courtesy Of Coldwell Banker Residential Real Estate
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.
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.
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Virtual Tour
Property Features
- Age: Over 50 Years Old
- Amenities: Water Front
- Architecture Style: Other
- Cooling System: Central A/C
- Floors: 5.0
- Legal Description: LAUDERDALE BY THE SEA 6-2 B LOT 9 TO 11 BLK 2
- MLSID: A11001326
- Parking Spaces: 0
- Roof Type: Unknown
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