$5,000,000
$5,250,000
4.8%For more information regarding the value of a property, please contact us for a free consultation.
4329 EL MAR DR Lauderdale By The Sea, FL 33308
Key Details
Sold Price $5,000,000
Property Type Commercial
Sub Type Hotel
Listing Status Sold
Purchase Type For Sale
MLS Listing ID F1314878
Sold Date 09/01/15
HOA Y/N No
Total Fin. Sqft 32500
Year Built 1952
Annual Tax Amount $17,143
Tax Year 2013
Property Description
31 units hotel situated on El Mar Dr. The total property consists of 5 bldgs.300'frontage on El Mar Dr, total 34,500SF land across the beach. You will not find site like this one on El Mar or even any coastal area!The zoning is RM-25.Units breakdown: 19-1 BD/1BA,6 efficiencies,5 hotel rooms. Very rare opportunity to acquire hotel on the barrier island area.Pro-Forma only.Please request Memorandum for detailed info!Only Cash offers will be considered.POF is the must.Perfect for 1031 Exchange or E2 visa
Location
State FL
County Broward County
Area Ft Lauderdale Beach (3130-3170)
Zoning RM25
Interior
Cooling Wall/Window Unit Cooling
Flooring Tile Floors
Exterior
Water Access N
Roof Type Barrel Roof,Built-Up Roof,Composition Roll
Private Pool No
Building
Story 2.0000
Sewer Public Sanitation
Water Public Water
Others
Pets Allowed No
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition Foreign Seller
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