This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.
This Hospitality Property is no longer advertised on LoopNet.co.uk.

4433 El Mar Dr
Lauderdale By the Sea, FL 33308

The Elmar Boutique Hotel · Hospitality Property For Sale · 6,221 SF

PROPERTY FACTS

Property Type Hospitality
Property Subtype Hotel
Building Class B
Lot Size 0.26 AC
Building Size 6,221 SF
Number of Floors 2
Year Built/Renovated 1958/2019
Parking Ratio 1.77/1,000 SF
Corridor Exterior

Amenities

  • Beach (direct access)

About 4433 El Mar Dr , Lauderdale By the Sea, FL 33308

Adam Duncan, Joseph Thomas and Tyler Carbonelli of Marcus & Millichap, as exclusive listing agents, are pleased to offer for sale Ocean Reverie. Ocean Reverie is a beautiful, 11 unit vacation rental property located at 4433 El Mar Drive in beautiful Lauderdale By the Sea. Ocean Reverie is comprised of eleven one-bedroom/one-bathroom units along with an on-site office. All of the large one bedroom units are fully equipped with a kitchen and dining area, newly installed ceramic tile floors, and central air-conditioning. Additionally, all of the units feature either private or semi-private patios or balconies with oceanfront views. The beautifully landscaped pool area offers guests access to a gas grill, and comfortable outdoor seating next to the pristine in-ground heated pool. Ocean Reverie also offers two additional vacant lots in the rear of the property that run along Ocean Drive (A1A) which brings the total lot size of the offering to 22,651 square feet or .52 acres. The property is zoned RM-25 allowing for a potential luxury condominium redevelopment of thirteen units.

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 49-43-18-01-1130
  • 49-43-18-01-1061
Land Assessment
£297,343
Improvements Assessment
£0
Total Assessment
£2,058,073

zoning

Zoning Code RM-25 (RM-25 - Residences, Apartments, Hotels, ETC)
RM-25 (RM-25 - Residences, Apartments, Hotels, ETC)
  • Listing ID: 13638369

  • Date on Market: 30/08/2018

  • Last Updated:

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

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}