Hotel-Motel
Sunny Shores
4213 El Mar Dr, Lauderdale-by-the-Sea, FL 33308
Listing Price: $2,500,000
Investment Overview
Marcus & Millichap are pleased to present Sunny Shores, a six-unit multifamily property located at 4213 El Mar Drive in Lauderdale-by-the-Sea, Florida.
SUBJECT PROPERTY
Sunny Shores was constructed in 1954 of concrete block and painted stucco with a flat roof. The two-story building contains 3,694 square feet of living area and sits on a 5,758-square-foot lot, according to the Broward County Property Appraiser. The unit mix consists of two studio apartments, one one-bedroom/one-bathroom apartment, and three two-bedroom/one-bathroom apartments. Units feature ceramic tile flooring, modern kitchens and bathrooms, stainless steel appliances, and central air conditioning.
In addition to its current configuration, ownership is operating Sunny Shores as traditional apartments; however, the property’s layout, location, and historical use also make it well-suited for short-term vacation rentals. A future investor may explore repositioning the asset back to short-term or seasonal accommodations, subject to municipal regulations and permitting requirements.
LOCATION
Sunny Shores is ideally positioned along El Mar Drive, just north of Commercial Boulevard and one block west of Ocean Boulevard (A1A). The property is within walking distance of Lauderdale-by-the-Sea’s vibrant beachfront, shops, and restaurants, including BurgerFi (0.2 miles), Aruba Beach Café and Anglins Pier (0.3 miles), and Publix Super Market at Sea Ranch Village (0.9 miles). Additional nearby points of interest include Kaluz Restaurant (0.8 miles), CVS (1.7 miles), and Galt Ocean Plaza (1.3 miles), as well as Coral Ridge Country Club (2.0 miles), The Fresh Market (2.6 miles), and Fort Lauderdale–Hollywood International Airport (10.3 miles).
Lauderdale-by-the-Sea is a highly sought-after beachfront community known for its small-town charm, pedestrian-friendly design, and vibrant tourism economy. The area features boutique hotels, open-air dining, live music, and one of South Florida’s most popular beach diving and snorkeling reefs. Its relaxed coastal atmosphere and steady year-round visitor activity make it an appealing environment for both long-term residents and seasonal guests.
Nearby educational facilities include Bayview Elementary School (4.0 miles), Sunrise Middle School (4.7 miles), and Fort Lauderdale High School (4.8 miles).
SUMMARY
Sunny Shores is being offered for sale at $2,500,000, or $416,667 per unit.
Sunny Shores
Investment Highlights
- 6-Unit Apartment Building on El Mar Drive located Directly Across from Beach in Lauderdale-by-the-Sea
- $137,236 Average Household Income within 1-Mile and 7.2% Population Growth since 2010 (Experian)
- Mix of (2) Studio's, (1) One-Bedrooms and (3) Two-Bedroom Apartments (~615 Square Foot Avg Unit)
- All Current Leases are Month to Month allowing a Buyer Flexibility to Convert to Short Term Rentals
- Located in the Heart of Lauderdale-by-the-Sea walkable to the Beach, Anglins Pier, Shops, Restaurants
- Convenient Access to North Ocean Drive (A1A), Commercial Boulevard and Federal Highway (US-1)
Exclusively Listed By
Listing Price: $2,500,000
Investment Highlights
- 6-Unit Apartment Building on El Mar Drive located Directly Across from Beach in Lauderdale-by-the-Sea
- $137,236 Average Household Income within 1-Mile and 7.2% Population Growth since 2010 (Experian)
- Mix of (2) Studio's, (1) One-Bedrooms and (3) Two-Bedroom Apartments (~615 Square Foot Avg Unit)
- All Current Leases are Month to Month allowing a Buyer Flexibility to Convert to Short Term Rentals
- Located in the Heart of Lauderdale-by-the-Sea walkable to the Beach, Anglins Pier, Shops, Restaurants
- Convenient Access to North Ocean Drive (A1A), Commercial Boulevard and Federal Highway (US-1)
Investment Overview
Marcus & Millichap are pleased to present Sunny Shores, a six-unit multifamily property located at 4213 El Mar Drive in Lauderdale-by-the-Sea, Florida. SUBJECT PROPERTY Sunny Shores was constructed in 1954 of concrete block and painted stucco with a flat roof. The two-story building contains 3,694 square feet of living area and sits on a 5,758-square-foot lot, according to the Broward County Property Appraiser. The unit mix consists of two studio apartments, one one-bedroom/one-bathroom apartment, and three two-bedroom/one-bathroom apartments. Units feature ceramic tile flooring, modern kitchens and bathrooms, stainless steel appliances, and central air conditioning. In addition to its current configuration, ownership is operating Sunny Shores as traditional apartments; however, the property’s layout, location, and historical use also make it well-suited for short-term vacation rentals. A future investor may explore repositioning the asset back to short-term or seasonal accommodations, subject to municipal regulations and permitting requirements. LOCATION Sunny Shores is ideally positioned along El Mar Drive, just north of Commercial Boulevard and one block west of Ocean Boulevard (A1A). The property is within walking distance of Lauderdale-by-the-Sea’s vibrant beachfront, shops, and restaurants, including BurgerFi (0.2 miles), Aruba Beach Café and Anglins Pier (0.3 miles), and Publix Super Market at Sea Ranch Village (0.9 miles). Additional nearby points of interest include Kaluz Restaurant (0.8 miles), CVS (1.7 miles), and Galt Ocean Plaza (1.3 miles), as well as Coral Ridge Country Club (2.0 miles), The Fresh Market (2.6 miles), and Fort Lauderdale–Hollywood International Airport (10.3 miles). Lauderdale-by-the-Sea is a highly sought-after beachfront community known for its small-town charm, pedestrian-friendly design, and vibrant tourism economy. The area features boutique hotels, open-air dining, live music, and one of South Florida’s most popular beach diving and snorkeling reefs. Its relaxed coastal atmosphere and steady year-round visitor activity make it an appealing environment for both long-term residents and seasonal guests. Nearby educational facilities include Bayview Elementary School (4.0 miles), Sunrise Middle School (4.7 miles), and Fort Lauderdale High School (4.8 miles). SUMMARY Sunny Shores is being offered for sale at $2,500,000, or $416,667 per unit.
Exclusively Listed By
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