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The Elmar Boutique Hotel 4433 El Mar Dr 11 Room Hotel Lauderdale By The Sea, FL 33308 $7,566,010 CAD ($687,819 CAD/Room)

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INVESTMENT HIGHLIGHTS

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

EXECUTIVE SUMMARY

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.

PROPERTY FACTS

Price $7,566,010 CAD
Price Per Room $687,819 CAD
Sale Type Investment
Property Type Hospitality
Property Subtype Hotel
Building Class B
Lot Size 0.26 AC
Building Size 6,221 SF
No. Rooms 11
No. Stories 2
Year Built/Renovated 1958/2019
Parking Ratio 1.77/1,000 SF
Corridor Exterior
Zoning RM-25 - RM-25 - Residences, Apartments, Hotels, ETC

AMENITIES

  • Beach (direct access)

ROOM MIX INFORMATION

DESCRIPTION NO. ROOMS DAILY RATE SF
Suite 11 $353.86 CAD -
Walk Score®
Very Walkable (76)
Bike Score®
Very Bikeable (78)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
49-43-18-01-1130
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$3,047,870 CAD
  • Listing ID: 33872397

  • Date on Market: 2024-11-14

  • Last Updated:

  • Address: 4433 El Mar Dr, Lauderdale By The Sea, FL 33308

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