AWAY INN IN LAUDERDALE-BY-THE-SEA SELLS FOR $4.4 MILLION

Written by Posted On Monday, 21 September 2020 07:31

LAUDERDALE-BY-THE-SEA, FL (SEPTEMBER 21, 2020) – Coldwell Banker Commercial is pleased to have represented the seller of Away Inn, located at 4653 North Ocean Drive. The property sold for $4.4 million. William Miller of Coldwell Banker Commercial NRT was the listing broker on the property and represented Ocean Equities Ltd in the transaction. A South Florida private investor acquired the property.

The Away Inn is a boutique hotel originally built in 1955 and located in a popular South Florida tourism area. The family-friendly property consists of 16,800 square feet and offers 32 guest rooms consisting of one-bedroom apartments and efficiency suites. The Away Inn offers a pool and 22 dedicated parking spaces on a 0.62 acre lot. The property is subject to a long-term ground lease.

For additional information, contact William Miller at 954.675.2501 or This email address is being protected from spambots. You need JavaScript enabled to view it..

About Coldwell Banker Commercial NRT

With a collaborative network of independently owned and operated affiliates, the Coldwell Banker Commercial organization comprises almost 200 companies and more than 3,000 professionals throughout the U.S. and internationally. For additional information, visit www.cbworldwide.com

###

Rate this item
(0 votes)

Agent Resource

How to capture your next prospect - click here

Realty Times

From buying and selling advice for consumers to money-making tips for Agents, our content, updated daily, has made Realty Times® a must-read, and see, for anyone involved in Real Estate.