Lauderdale By The Sea, FL 33308,4209 El Mar Dr

$1,600,000

$1,600,000

Est.Price: ?

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Est. payment /mo

8,638 Sqft Lot


SOLD DATE : 01/04/2021

Key Details

Sold Price $1,600,000

Property Type Commercial

Sub Type Other

Listing Status Sold

Purchase Type For Sale

Subdivision Lauderdale By The Sea 6-2

MLS Listing ID F10260315

Sold Date 01/04/21

HOA Y/N No

Total Fin. Sqft 10

Annual Tax Amount $20,484

Tax Year 2019

Lot Size 8,638 Sqft

Property Description

BOUITQUE 8 ROOM HOTEL IN THE HEART OF LAUDERDALE BY THE SEA. THIS HOTEL HAS BEEN OWNED BY THE OPERATOR FOR THE LAST 54 YEARS. THIS HOTEL WILL NEED UPGRADES TO EACH UNIT. WALKING DISTANCE TO STORES,RESTURANTS, OPPOSITE BEACH. GREAT OPPORTUNITY FOR THE INVESTOR TO LIVE AND RUN THEIR OWN HOTEL IF DESIRED.

Location

State FL

County Broward County

Area Ft Lauderdale Beach (3130-3170)

Zoning RM-25

Exterior

Utilities Available Cable Tv, Electric, Gas, Phone Line, Sewer, Trash Removal, Water

Water Access Y

Water Access Desc None

Private Pool No

Building

Lot Description Less Than 1 Acre

Sewer Public Sanitation

Water Municipal Water

Others

Pets Allowed No

Ownership Sole Proprietor

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

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BeachesMLS Matrix (RAPB-F prefix)
Listed by RE/MAX Consultants Realty 1
Bought with RE/MAX Consultants Realty 1
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6700 North Andrews Ave. #203, Fort Lauderdale, FL, 33309

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