4525 El Mar Drive, Lauderdale By The Sea, FL 33308
$6,999,000
Price
Property Type:Hotel/Motel
Status:Canceled
Listing ID:R11127847
Year Built:1946
QR Code
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