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4209 El Mar Dr, Lauderdale By The Sea FL 33308

Commercial Recently Sold
$1,600,000

BTC: 19.57785255

ETH: 650.40650407

Sold on: 2021-01-04
New
0 room(s)

Overview

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

Florida • Lauderdale By The Sea • 33308 • Commercial • Recently Sold

Details

Type:
Commercial Land
Parking:
No Data
Year Built:
No Data
Lot:
1.00 Acres
Heating:
No Data
Price/sqft:
No Data
Cooling:
No Data
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$894,450
$266K – $2.7M
Confidence Low
List vs. estimate
$705K above estimate
List $1,600,000 · +78.9%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Based on
14 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$20,484
2019
View
None
All facts and features

  • Lot

    • Lot: 1.00 Acres

    Other Property Information

    • Parcel Number: 494318011640

    • Zoning: RM-25

  • Type and style

    • Property Type: Commercial Land

  • Utility

    • Cable Connected

    • Electricity Connected

    • Natural Gas Connected

    • Phone Connected

    • Sewer Connected

    • Water Connected

    • Cable Available

    • Electricity Available

    • Natural Gas Available

    • Phone Available

    • Sewer Available

    • Trash Removal

    • Water Available

  • Other financial information

    • Annual tax amount: $20,484

  • Source details

    • MLS ID: F10260315

    Other facts

    • Lot Features: Beach Area / Other Soil Type / Less Than 1 Acre / Sprinklers

    • Water Source: Municipal Water

    • Lot Size Dimensions: 80x175

    • Subdivision Name: Lauderdale By The Sea 6-2

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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Market around this address

Live counts in the same area.
View all
This zip
33308
555
median $580K
Active
Same city
Lauderdale By The Sea
145
median $679K
Active
Same type
Commercial
5
median $4.5M
Active
Similar price
$1.1M – $2.1M
24
median $1.3M
Active

The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: RE/MAX Consultants Realty 1