FL > Lauderdale By The Sea
Lauderdale By The Sea, FL 33308,4525 El Mar DR
Lauderdale By The Sea, FL 33308,4525 El Mar DR
Lauderdale By The Sea, FL 33308,4525 El Mar DR
Lauderdale By The Sea, FL 33308,4525 El Mar DR
Lauderdale By The Sea, FL 33308,4525 El Mar DR
Lauderdale By The Sea, FL 33308,4525 El Mar DR
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Mel Nunno Wiltsie

Mel Nunno Wiltsie

+1(561) 593-0899
Listed by Keller Williams Realty Services
$ 6,900,000
Est. payment | /mo

13 Baths

0.31 Acres Lot

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$ 6,900,000
Est. payment | /mo
Save

13 Baths

0.31 Acres Lot

Key Details

Property Type Commercial

Sub Type Hotel-Motel

Listing Status Active

Purchase Type For Sale

MLS Listing ID RX-11127847

Year Built 1946

Annual Tax Amount $35,863

Tax Year 2024

Lot Size 0.310 Acres

Property Sub-Type Hotel-Motel

Property 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

Location

State FL

County Broward

Area 3130

Zoning RM-25

Interior

Heating Central Individual

Cooling Central Individual

Flooring Tile

Fireplaces Type Smoke Detector

Exterior

Utilities Available Other

Roof Type Concrete Tile

Building

Story 100.00

Others

Acceptable Financing Assumable-Qualify, Cash

Listing Terms Assumable-Qualify, Cash

Financing Assumable-Qualify,Cash

Mel Nunno Wiltsie

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(561) 593-0899

melnunnowiltsie@gmail.com

8291 Championsgate blvd., Championsgate, FL, 33896, United States

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4525 El Mar DR