This 2 story 15 unit resort property is located steps from the Atlantic Ocean in beautiful Deerfield Beach Florida. All units are impeccably furnished, have separate air conditioning units, fully equipped kitchens and cable TV. All rooms open onto a private swimming pool and lounge area. One of the units is a large 1 bedroom apartment which is suitable for a resident owner. A short walk brings you to Deerfields world class beach. A few more steps to the famous Deerfield Beach fishing pear, upscale shops and fine restaurants. This is a prime property in a prime area. The property operates at 75% occupancy on a year round basis and over 90% occupancy in season. This is one of the best small hotels in a highly desireable area and has significant potential for rate increases and possible redevelopment as the market strengthens. All maintenance records and operating statements available to serious buyers. Attractively priced at $2,850,00. First mortgage holder will transfer existing financing to qualified buyer. Owner will provide some secondary financing. A rare opportunity to own a proven moneymaker with huge upside potential
About This Property
Category:
Resorts
Address:
South Ocean Boulevard Deerfield Beach Fl 33433 USA
For Sale By:
Agent
Construction Year:
1969
Area:
n/a
Bedrooms:
15
Bathrooms:
15
Sleeps:
25
Stories:
2
Parking Spaces:
15
Features - Amenities
Furnished
Appliances
Laundry Room
Pool
Balcony
Terrace
Patio
Cable TV
15 Fully Equipped Luxury Units
Ample Parking
Stepes To Beach, Restaurants, Shops And Entertainment