PRIME LOCATION ON FEDERAL HIGHWAY IN EAST DELRAY BEACH Blocks from Atlantic Avenue, Pineapple Grove, and public beach access Serviced by Delray Beach’s Freebee shuttle service providing access to the greater downtown core and the beach 14-Key, cash-flowing Boutique Hotel Renovated in 2017-2019 Features 3 courtyard areas and 20 surface parking spaces STRONG DELRAY BEACH HOSPITALITY MARKET Independent Chain Scale Hotels in have outperformed in the submarket +15% CAGR in ADR since 2019 2024 Average ADR of $359/night 2024 Average Occupancy 60.4% FAVORABLE CBD ZONING AND site size of 0.38 acres Covered land play with future development potential in a rapidly expanding urban core Multiple value-add and revenue growth Opportunities Potential to optimize operational efficiencies, add amenities, and increase revenue via parking income