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David Sanmartin
Realtor

    Seller & Buyer Agent
    Short Sales & Foreclosures Specialist
    Commercial Investments

Direct: (954) 549-0801

Office: (954) 874-9976



Company Info

Keyes Real Estate
4700 Sheridan St. Unit P
Hollywood, FL
(954) 874-9976


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Commercial Real Estate

Foreclosure Lender Owned Ocean Dr 40 unit Hotel For Sale in Miami Beach Florida. Offered at $7,950,000.

Thursday, September 2nd, 2010

David Sanmartin | Keyes Company of Realtors | davidsanmartin@keyes.com | (954) 549-0801
Ocean Dr, Miami Beach, FL
Distressed Sale. Miami Beach 40 Unit Hotel. For immediate assistance on this & other great deals call David at 954-549-0801.
Multi-Family
offered at $7,950,000
Year Built Unspecified
Sq Footage 15,350
Floors 0
Parking Unspecified
Lot Size Unspecified
Maint $0 per month

DESCRIPTION

**Distressed Sale**
The Boulevard Hotel is a historically designated South Beach Hotel directly on Ocean Drive. The restaurant is currently leased out with annual rent payments totaling $300,000. The Boulevard is an art deco hotel that originally consisted of 50 hotel rooms. It currently is operating 35 units because a number of units were combined to make large suites. The Boulevard was recently foreclosed on by the lender and is being sold fee simple.

In both daytime and at nightfall, the South Beach section of Miami Beach is a major entertainment destination with hundreds of nightclubs, restaurants, boutiques and hotels. The area is popular with both American and international tourists from all over the world. The Boulevard is in the heart of Americas Riviera.
Financial SummaryActual:
Net Operating Incomoe: $744,120

**Whether buying, selling, or renting, call your Commercial Realtor expert David Sanmartin at 954-549-0801.**

see additional photos below
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Contact info:
David Sanmartin
Keyes Company of Realtors
3172648
(954) 549-0801
For sale by agent/broker

powered by postlets Equal Opportunity Housing
Posted: Sep 2, 2010, 3:40am PDT

PRE FORECLOSURE SHORT SALE DISTRESSED 22 UNIT MOTEL/HOTEL FOR SALE IN LAUDERDALE BY THE SEA FT LAUDERDALE AREA FLORIDA. OFFERED AT $1,000,000. LAST SOLD FOR $1,325,000.

Monday, August 30th, 2010

David Sanmartin | Keyes Company of Realtors | davidsanmartin@keyes.com | (954) 549-0801
OCEAN BLVD, Lauderdale By The Sea, FL
DISTRESSED SALE. 22 UNITS MOTEL. LAST SOLD FOR $1,325,000. FOR IMMEDIATE ASSISTANCE ON THIS & OTHER GREAT DEALS CALL DAVID AT 954-549-0801.
Multi-Family
offered at $1,000,000
Year Built 1953
Sq Footage 7,141
Floors 0
Parking Unspecified
Lot Size Unspecified
Maint $0 per month

DESCRIPTION

**DISTRESSED SALE** 22 unit hotel/motel 1 block to Atlantic Ocean in beautiful Lauderdale by the Sea 1/2 acre in the middle of town Tri corner lot 220 feet fronting A1A

A1A south of Commercial Boulevard 1 block to Ocean with Public access
**FOR IMMEDIATE ASSISTANCE WHETHER BUYING, SELLING OR LEASING, CALL YOUR COMMERCIAL REAL ESTATE EXPERT DAVID AT 954-549-0801**

see additional photos below
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Contact info:
David Sanmartin
Keyes Company of Realtors
3172648
(954) 549-0801
For sale by agent/broker

powered by postlets Equal Opportunity Housing
Posted: Aug 30, 2010, 5:35am PDT

FORECLOSURE BANK OWNED 120 UNIT HOTEL FOR SALE IN BOOMING INTERNATIONAL DRIVE IN ORLANDO FLORIDA. OFFERED AT $4,000,000. LAST SOLD FOR $4,800,000.

Monday, August 30th, 2010

David Sanmartin | Keyes Company of Realtors | davidsanmartin@keyes.com | (954) 549-0801
7200 International Drive, Orlando,, FL
BANK OWNED 120 UNIT HOTEL IN ORLANDO. LAST SOLD $4,800,000. FOR IMMEDIATE ASSISTANCE ON THIS AND OTHER GREAT DEALS CALL DAVID AT 954-549-0801.
Multi-Family
offered at $4,000,000
Year Built 1997
Sq Footage 58,030
Floors 3
Parking Unspecified
Lot Size Unspecified
Maint $0 per month

DESCRIPTION

**DISTRESSED SALE**
58,030 SF (120 room hotel)
Built in 1997 and renovated in 2008
1.60 acres zoned C-2 with 200′ on International Drive
Ample parking (cross parking-cross access)
**FOR IMMEDIATE ASSISTANCE WHETHER BUYING OR SELLING, CALL YOU COMMERCIAL REAL ESTATE EXPERT DAVID AT 954-549-0801.**
see additional photos below
ADDITIONAL PHOTOS


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Contact info:
David Sanmartin
Keyes Company of Realtors
3172648
(954) 549-0801
For sale by agent/broker

powered by postlets Equal Opportunity Housing
Posted: Aug 30, 2010, 4:39am PDT

FORECLOSURE BANK OWNED 19 UNIT OCEAN DRIVE MOTEL/HOTEL FOR SALE IN LAUDERDALE BY THE SEA FORT LAUDERDALE AREA FLORIDA. OFFERED AT $850,000. LAST SOLD FOR $1,358,000.

Monday, August 30th, 2010

David Sanmartin | Keyes Company of Realtors | davidsanmartin@keyes.com | (954) 549-0801
Ocean Dr, Lauderdale By The Sea, FL
BANK OWNED BEACH MOTEL 19 UNITS. LAST SOLD FOR $1,358,000. FOR IMMEDIATE ASSISTANCE ON THIS & OTHER GREAT DEALS CALL DAVID AT 954-549-0801.
Multi-Family, 19 units
offered at $850,000
Year Built 1953
Sq Footage 9,312
Floors 2
Parking Uncovered spaces
Lot Size Unspecified
Maint $0 per month

DESCRIPTION

BANK-0WNED MOTEL/APARTMENT BUILDING AVAILABLE FOR IMMEDIATE SALE

The Ocean Drive Motel in Lauderdale -by-the Sea, Florida is a 19 unit motel within walking distance to the beach and Atlantic Ocean. The cuurent mix of units is:
6 Hotel rooms
7 Efficiencies with kitchens
4 1 BR/1 BA apartments/suites
1 2 BR/2BA apartment/suite
1 Freestanding 2 BR/2BA house with single car garage

The property is currently vacant and in need of renovations. There are no interior furnishings included. The property can also be converted a full apartment complex of 13 units or demolished to make way for future development.

Lauderdale-by the Sea, Florida is a charming beachside community located near Fort Lauderdale, Florida. This property is located on State Road A1A(also know as North Ocean Drive) and is 1 block west of the beach and the Atlantic Ocean. Lauderdale by the Sea is known for it clean beaches, good restaurants, shopping boutiques and active nightlife. The rental market is strong both as a seasonal rental as well as local tenants.

**FOR IMMEDIATE ASSISTANCE ON THIS AND OTHER GREAT DEALS CALL DAVID AT 954-549-0801**

see additional photos below
PROPERTY FEATURES

- 19 UNIT BEACH MOTEL. GREAT INVESTMENT

ADDITIONAL PHOTOS


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Contact info:
David Sanmartin
Keyes Company of Realtors
3172648
(954) 549-0801
For sale by agent/broker

powered by postlets Equal Opportunity Housing
Posted: Aug 30, 2010, 3:46am PDT

Market Recap

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  • Avg. Days on Market: 69

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