Price $16,500,000.00
Listing ID A11001326
Status For Sale
Address
Map
4140 El Mar Dr, Lauderdale By The Sea FL 33308
Area Lauderdale By The Sea
Beds
Baths
Square Ft
Lot Size 22,500
Year Built 1958

Description

Truly one of a kind Boutique / Resort hotel with an irreplaceable location! 150' on the sand with an oceanfront pool. Located in the quaint seaside village of Lauderdale by the Sea. 47 Spacious Rooms & Suites. Restaurant for hotel guests, Seating – 55. Bar with Full Liquor License. Oceanfront Heated Pool. Poolside Tiki Bar. Gym. Central Air Conditioning. Elevator. Additional Development Opportunity - 12 Rooms (Potential to flex to 20 rooms per the seller) & Luxury Thalassotherapy Spa. Asking $4,500,000 plus construction costs incurred to date. Seller recently decided they will not sell the hotel without the development. SELLER REQUIRES THAT LISTING AGENT MUST SCHEDULE AND ACCOMPANY ANY SITE VISITS.


Features

  • Cooling
  • Heating
  • Fireplace
  • View
  • Waterfront
  • Garage
  • Association

Map Location

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