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
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 | No. Stories | 2 |
| Property Subtype | Hotel | Year Built/Renovated | 1958/2019 |
| Building Class | B | Parking Ratio | 1.77/1,000 SF |
| Lot Size | 0.26 AC | Corridor | Exterior |
| Building Size | 6,221 SF |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 0.26 AC |
| Building Size | 6,221 SF |
| No. Stories | 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
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $373,820 | Total Assessment | $2,587,410 |
PROPERTY TAXES
zoning
| Zoning Code | RM-25 (RM-25 - Residences, Apartments, Hotels, ETC) |
| RM-25 (RM-25 - Residences, Apartments, Hotels, ETC) |
Learn More About Investing in Hospitality Properties
