Property summary
Primely located in Lauderdale-By-The-Sea, Florida, this charming two-story, 7-unit hotel presents a lucrative investment opportunity. Built in 1956 and situated at 4145 Bougainvillea Drive, zip code 33308, this established property boasts a prime beachfront location, offering guests easy access to the sand and surf. Recent upgrades include new impact windows installed in 2019 and a brand-new roof completed in 2024, ensuring long-term value and reduced maintenance costs. The hotel features on-site laundry facilities and a convenient storage room/office, streamlining operations. Its location provides guests with proximity to a wide array of dining establishments and outdoor recreational activities. This turnkey operation is exceptionally easy to manage, making it an ideal investment for those seeking a low-maintenance, high-return coastal property. The asking price for this exceptional opportunity is $2,000,000. The property is located in Broward County and is a perfect blend of comfort and coastal charm. Serious inquiries only. Appointments are required before visiting the property.
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