4433 El Mar Dr - Hospitality FOR SALE


Lauderdale By The Sea, FL 33308
$5,495,000 USD
954-675-2501
4433 El Mar Dr, Lauderdale By The Sea, FL for Sale
$5,495,000 USD
Hospitality - FOR SALE
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null | Request Cap Rate

4433 El Mar Dr
Lauderdale By The Sea, FL 33308


HIGHLIGHTS

  • High speed Wi-Fi, LED HD Smart TV w/ cable / DIRECTTV

OVERVIEW

Seller wants to negotiate and sell. Potential seller financing (50%). Superior location, El Mar Dr – Steps to beach, shops, restaurants, bars, fishing pier, tennis courts, oceanfront park… Extraordinary, one of a kind! 11 beautifully furnished apartments (approximately 500 sq ft). Kitchens equipped w/ refrigerator, cooktop, microwave & coffee maker. Each room has designer couch that can be converted to a full-size bed, dedicated workspace & safe. High speed Wi-Fi, LED HD Smart TV w/ cable / DIRECTTV. Completely & immaculately renovated - 2019. Impact windows and doors. Heated pool, fire pit, barbeque. Office & commercial laundry. 6 miles to Las Olas Blvd/downtown, 14 miles to Ft Lauderdale/Hollywood Int'l, 16 miles to Hard Rock Hotel-Casino. Listing agent must schedule and accompany any site visits. OK to drive by but do not go on the property or disturb guests or employees.

FOR SALE DETAILS

PRICE

$5,495,000 USD

PRICE/SF

$883 USD /SF

# OF ROOMS

11

PRICE/ROOM

$499,545 {currency}

CAP RATE

Request Cap Rate

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Elmar Boutique Hotel

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Exterior

BUILDING CLASS

B

YEAR BUILT

1958

PARKING SPACES

11

LAND DETAILS

LAND ACRES

0.26 AC

LAND SF

11,200 SF

ZONING

RM-25

APN/PARCEL ID

49-43-18-01-1130

ASK ABOUT THIS PROPERTY

William MillerColdwell Banker Commercial RealtyMore Info
954-675-2501

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William MillerColdwell Banker Commercial RealtyMore Info
954-675-2501

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.