4213 El Mar Dr, Lauderdale-by-the-Sea, FL 33308

🔥 Owner Financing Available - BEACHFRONT INVESTMENT OPPORTUNITY – VALUE-ADD 6 UNIT IN LAUDERDALE-BY-THE-SEA 🔥

📍 4213 El Mar Dr, Lauderdale-By-The-Sea, FL

💰 Asking: $2,4750,000

Rare chance to own a 6-unit multifamily property directly across from the beach in one of South Florida’s most desirable coastal towns. This is not just a rental—this is a high-upside repositioning play with multiple income strategies.

🏢 Property Highlights:

• 6 Units (2 studios, 1 one-bed, 3 two-beds)

• ~3,600+ SF building

• Steps to sand + walk to restaurants, shops & pier

• Strong rental demand year-round

• Boutique “hotel-style” layout

📈 VALUE-ADD UPSIDE:

• Current rents below market → immediate increase potential

• Long-term rental upside to ~$190K+ gross annually

• Short-term rental / Airbnb potential (buyer to verify) could push income significantly higher

• Ideal for boutique hotel conversion or luxury beach rentals

💡 Why this deal stands out:

• Prime location = consistent demand

• Flexible unit mix = multiple exit strategies

• Rare small multifamily near ocean (limited inventory)

• Previous pricing higher → positioned for upside

⚠️ Currently underperforming = opportunity for investor who knows how to reposition

Perfect for:

✔️ Investor looking for appreciation + income growth

✔️ Short-term rental operator

✔️ Boutique hospitality concept

📩 Message for details, rent roll, and full financials

Serious inquiries only.