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Investment Highlights

  • Great Lauderdale by the Sea Location
  • Walk to the Ocean and Downtown Shops, Restaurants and Parks
  • Renovated

Executive Summary

This property has been totally updated and renovated and has a large upstairs 3 bedroom unit suitable for use by an owner. Pictures to be updated. Property was formally known as the Tropicare Resort. Sapphire by the Sea is two short blocks from the ocean, and nearby to Friedt Park, with tennis, pickleball, basketball, Bocci Ball, a children's playground and more! Plus, you're also a short walk from the Sea Ranch Shopping Center (Publix, the Dollar Store, CVS, etc.) and shops and restaurants in Downtown Lauderdale by the Sea.
Do not enter property without an appointment made through listing agent or talk to or disturb guests or staff.

Property Facts

Price $6,500,962 CAD
Price Per Room $541,747 CAD
Sale Type Investment
Sale Condition 1031 Exchange
Property Type Hospitality
Property Subtype
Hotel
Building Class B
Lot Size 0.28 AC
Building Size 6,957 SF
No. Rooms 12
No. Stories 2
Year Built/Renovated 1964/2024
Parking Ratio 1.44/1,000 SF
Corridor Exterior
Zoning RM-25, Lauderdale by - Motel

Amenities

  • Pool
  • High Speed Internet Access
  • Patio
  • Boutique/Lifestyle Hotel
  • Public Access Wifi
  • Smoke-Free
  • Fully-Equipped Kitchen

Room Mix Information

Description No. Rooms Daily Rate SF
Suite 12 $364.33 CAD -
Moderately walkable
60/100
Moderately drivable
70/100
Limited public transit
30/100
Fairly bikeable
40/100

Property Taxes

Property Taxes

Parcel Number
49-43-18-01-3080
Land Assessment
$510,797 CAD
Improvements Assessment
$5,350,851 CAD
Total Assessment
$5,861,649 CAD
  • Listing ID: 35891408

  • Date on Market: 2025-05-16

  • Last Updated:

  • Address: 4553 Bougainvillea Dr, Lauderdale-by-the-Sea, FL 33308

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