4145 Bougainvilla Dr Lauderdale-by-the-Sea, FL 33308
Prime investment opportunity: 4145 By The Sea Inn & Suites, a charming two-story hotel located in Lauderdale-by-the-Sea, Florida (33308). This 3,474 square foot property, built in 1976, boasts seven units and offers a perfect blend of comfort and coastal charm. Its ideal location places it steps from the beach and within walking distance of numerous dining establishments. Vacationers enjoy easy access to a variety of outdoor activities. The hotel features a laundry room and on-site storage/office space, enhancing operational efficiency. Recent upgrades include new impact windows (2019) and a new roof (2024), minimizing immediate maintenance needs. This turnkey operation presents a straightforward management structure, making it an attractive proposition for investors seeking a hassle-free entry into the hospitality sector. The asking price is $2,000,000. Serious inquiries only
Cap rate
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Property description
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