954-658-8431
45 NE 21st Ave, Deerfield Beach, FL for Sale
Hospitality - FOR SALE
1/46
null | Request Cap Rate

45 NE 21st Ave
Deerfield Beach, FL 33441
Outer Pompano Beach/Deerfield Beach


HIGHLIGHTS

  • This stunning boutique hotel provides investors with 12 luxury guest rooms, an owner’s suite, and a 1st floor contemporary fine dining restaurant.
  • Located at the heart of Deerfield Beach, the hotel is in walking distance of beautiful beaches, the fishing pier, top-rated restaurants, and more.
  • The hotel is steps from the grounds of the Ocean Brews and Blues Festival, South Florida’s largest beerfest that is attended by thousands each year.
  • In 2023, the surrounding area saw almost 750,000 visitors, driving robust tourism and hospitality spending.

OVERVIEW

One Commercial Real Estate is pleased to exclusively present the opportunity to acquire the Royal Blues Hotel at in the heart of Deerfield Beach at 45 NE 21st Avenue. This stunning upscale hospitality property features 13 keys including 12 luxury guest rooms and an owner’s suite across five floors. The boutique hotel also boasts a contemporary fine-dining establishment on the ground floor, Chanson Restaurant. A new owner will have significant upside to improve revenue by growing the average daily rate and occupancy for the rooms, as well as food and beverage services. The Royal Blues Hotel was originally built in 2014 and has been expertly maintained, housing spacious guest rooms with private balconies and large windows that offer rich natural lighting and unobstructed ocean views. The building’s architecture, contemporary art installations, and wood, leather, and marble accents are reminiscent of a yacht, perfectly situating guests for their beachside stay. An easily accessible, central location places guests within walking distance of the area’s beautiful white sand beaches, top-rated restaurants, and the Deerfield Beach International Fishing Pier. The hotel also boasts a direct connection to the boardwalk. Additionally, the hotel is just steps from the grounds of the Ocean Brews and Blues Festival, the largest beerfest in South Florida with dozens of brewers and thousands of attendees.

FOR SALE DETAILS

PRICE

Request Info for Price

# OF ROOMS

12

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Royal Blues Hotel

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

5

ROOM ENTRANCE

Interior

BUILDING CLASS

A

YEAR BUILT

2014

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.39 AC

LAND SF

16,988 SF

ZONING

RM-25

APN/PARCEL ID

48-43-05-04-0460

ASK ABOUT THIS PROPERTY

Bill McGeeONE Commercial Real EstateMore Info
954-658-8431

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Bill McGeeONE Commercial Real EstateMore Info
954-658-8431

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.