Properties for Sale 1 4245 El Mar Drive, Lauderdale by the Sea, FL

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Properties for Sale 1 4245 El Mar Drive, Lauderdale by the Sea, FL
Presented by Leandro Bitencourt
(201) 443-7217
[email protected]
Properties for Sale
1
4245 El Mar Drive, Lauderdale by the Sea, FL 33308
Property Details
Price
No. Rooms
Building Size
Lot Size
Price/Room
Property Type
Property Sub-type
Additional Sub-types
Property Use Type
Commission Split
Cap Rate
No. Stories
Year Built
Status
$1,750,000
7
3,275 SF
0.13 AC
$250,000 /Room
Hotel & Motel
Economy/Limited Service
Garden/Low-Rise
Investment
3%
9.58%
3
1962
Active
Property Notes
Property Description
This recently renovated boutique hotel is completely turn-key and ready for you to take over. The inn has a total of 7 units, including 3 one-bedroom apartments,
2 studios, a carriage house and a large penthouse with amazing ocean views. This wonderful inn is ideal for a resident operator, investor or current hotelier
looking to expand in the area. Located just 50 yards from the beach and a short walk to dozens of shops, bars, restaurants and fishing pier, this very special
inn provides its guests with the ultimate in walk-ability and local amenities.
Location Description
Located in beautiful Lauderdale-by-the-Sea in the heart of South Florida' s Gold Coast, the Sea Spray Inn offers an excellent location for its guests. The inn is
conveniently located within walking distance to dozens of restaurants, shops and pristine white sand beaches. Convenient to Fort Lauderdale beach, Las Olas
Blvd., Fort Lauderdale-Hollywood International Airport, the international cruise port and the Fort Lauderdale Arts and Entertainment District, this quaint seaside
inn is close to it all, yet just far enough off the beaten path to provide a quiet and relaxing vacation experience.Lauderdale-by-the-Sea is known for its quaint
shops, restaurants, world famous fishing pier and accessible coral reef. As the Shore Dive Capital of South Florida you are a short swim away from world
class snorkeling and scuba diving.
©2014 Leandro Bitencourt
Photos
©2014 Leandro Bitencourt
©2014 Leandro Bitencourt
©2014 Leandro Bitencourt
2
311 Nebraska Street, Hollywood Beach, FL 33019
Property Details
Price
No. Rooms
Building Size
Price/Room
Property Type
Property Sub-type
Property Use Type
Commission Split
Tax ID/APN
Status
$2,250,000
10
4,500 SF
$225,000 /Room
Hotel & Motel
Economy/Limited Service
Investment
3%
514212011600
Active
Property Notes
Property Description
Updated 10 unit Art Deco boutique hotel with three large one bedroom units, six large efficiencies and one studio. Located on the corner of North Surf Road
and Nebraska Street, the Marlin is just steps from the Broadwalk. On site parking, cable, wifi, laundry and gas barbeque.
Location Description
Hollywood Beach on the corner of North Surf Road and Nebraska Street.
©2014 Leandro Bitencourt
Photos
©2014 Leandro Bitencourt
©2014 Leandro Bitencourt
3
4321-4341 El Mar Drive, Lauderdale by the Sea, FL 33308
Property Details
Price
No. Rooms
Building Size
Lot Size
Price/Room
Property Type
Property Sub-type
Property Use Type
Commission Split
Cap Rate
Average Occupancy
No. Stories
Status
$5,250,000
31
16,787 SF
34,500 SF
$169,354.84 /Room
Hotel & Motel
Economy/Limited Service
Investment
2.50%
10%
80%
2
Active
Property Notes
Property Description
KW Williams Commercial proudly presents exclusive listing of 31 units hotel situated on El Mar Drive. The total property consists of 5 buildings. It is occupying
300' frontage, total 34,500SF land on El Mar Dr. across the beach. You will not find site like this one on El Mar or even any coastal area!The zoning is RM25.Breakdown of units: 19-1BD/1BA, 6 efficiencies, 5 hotel rooms. This is very rare opportunity to acquire hotel of this size on the barrier island area.. ProForma only! Seller will not disclose information regarding revenue! Do not walk the property without making appointment with us!
Location Description
East of A1A, South of E. Commercial Blvd. Just steps away from the Fishing Pier, Downtown, Entertainment area. City just finished the project that made the
area more pedestrian friendly. The new streetscape and Promenade was part of the project. It is really changed the entire landscape.The information above
has been obtained from the seller. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty and representation about it. It
is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are for example only
and do not represent the current or future performance of the property.
©2014 Leandro Bitencourt
Photos
©2014 Leandro Bitencourt
©2014 Leandro Bitencourt
©2014 Leandro Bitencourt
©2014 Leandro Bitencourt
©2014 Leandro Bitencourt
©2014 Leandro Bitencourt
©2014 Leandro Bitencourt
4
4221 North Ocean Boulevard, Fort Lauderdale, FL 33308
Property Details
Price
No. Rooms
Building Size
Lot Size
Price/Room
Property Type
Property Sub-type
Property Use Type
Commission Split
Cap Rate
Average Occupancy
No. Stories
Year Built
Status
$9,450,000
67
25,688 SF
0.89 AC
$141,044.78 /Room
Hotel & Motel
Full Service
Investment
2%
7%
80%
3
1975
Active
Property Notes
Property Description
Across the street from the Beach !!! Property offers 3 lucrative businesses all in one! In recent years over 700K has been spent in capital improvements. Very
well maintained property , Not a fixer upper like most for sale ! Note that, there is ample parking in the rear of the building. 24 of the 67 are Studios with Full
Kitchens for extended stay for long term guests.
Location Description
Situated across the street from the Beach with great exposure on famous North Ocean Blvd.( A1A) Direct Beach access, This Ideal location is among the
Premier "Galt Ocean Mile" condos and surrounded by the Upscale water front and Canal homes community. Across the Best Beaches in Ft.Lauderdale! guests
enjoy pool side lounging, dining at the on-site Restaurant and relaxing at the Tiki Bar.Ocean Boulevard location provides easy access for Tourists arriving at the
international airport (FLL) or cruise destinations at the port. Hotel is north of Oakland Park Boulevard and south of Commercial Boulevard.Owner investors or
agents/brokers working for principals, this is a all cash deal. Price is FIRM ! It is already very competitively priced, Not a Distress Property!Confidential Sale !!!
Must be VERY discreet to Guests or Personnel !!! Or you may loose all your privileges and be disqualified.!The next step for the Serious Buyer would be to
come and see/visit the property and then get in touch with me afterwards.
©2014 Leandro Bitencourt
Photos
©2014 Leandro Bitencourt
©2014 Leandro Bitencourt
©2014 Leandro Bitencourt
Map
6 miles
© 2014
© 2014 Microsoft
Microsoft Corporation
Corporation
1
4245 El Mar Drive
Lauderdale by the Sea, FL 33308
4
4221 North Ocean Boulevard
Fort Lauderdale, FL 33308
©2014 Leandro Bitencourt
2
311 Nebraska Street
Hollywood Beach, FL 33019
3
© 2010
© 2010 NAVTEQ
NAVTEQ
4321-4341 El Mar Drive
Lauderdale by the Sea, FL 33308
© AND
© AND

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