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4308 El Mar Drive - Ocean Treasure, Lauderdale By The Sea, FL

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4308 El Mar Drive - Ocean Treasure

Lauderdale By The Sea, FL 33308-5088 - Fort Lauderdale Submarket

Property Type:Hospitality Number of Rooms:11 Status:Existing Year Built:1953
Stories:2 Building Size:5,147 SF Land Area:.21 AC (8,999 SF)
For Sale Price:$3,200,000 Price/Room:$290,909 Cap Rate:-

Parking:1.94 Parking Spaces / 1,000 SF

Property Description: Motel

Sale Notes:
-Located directly on the beach in in the quaint oceanside community of Lauderdale-By-The-Sea, Florida
-Presently used as Annual Rental Apartments with 8 apartments and 8 parking spaces
-A short walking distance (3/4 block) to numerous restaurants, boutiques, a pharmacy, a wine bar, a dive shop, pier fishing, ice cream parlor
-3 live reefs directly in front is great for scuba divers and snorkling
-Zoning permits use of property for single family residence
-See website when property was used as a motel at

Steven R. Dobrofsky
Steven Dobrofsky
(954) 822-8779

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