4140 El Mar Dr, Lauderdale By The Sea, Florida, 33308

4140 El Mar Dr
Lauderdale By The Sea FL 33308

Property

Ownership: For Sale
Pets: Pets Allowed

Financials

Price: $16,500,000
888 Biscayne Blvd # Unit CU9 Miami, FL 33132
Courtesy of Coldwell Banker Realty

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.

Neighborhood

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Truly one of a kind Boutique Resort hotel with an irreplaceable location !

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.

Neighborhood

More listings:

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.