$20,000,000
Lauderdale By The Sea, FL 33308
MLS# FX-10555723

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Property Description
Rare 1.43-acre direct oceanfront development opportunity in the heart of Lauderdale-by-the-Sea. Located at 45464560 El Mar Drive, this exceptional parcel features 250 feet of prime frontage on the Atlantic Ocean with unobstructed views and direct beach access.Zoned RM-25, the property offers outstanding development potential for multifamily residences, a boutique hotel, or luxury townhomes. One of the largest remaining beachfront sites in the area, this property provides a rare chance to create a premier oceanfront project in a highly desirable coastal community.Conveniently located near the shops, restaurants, and pier of Lauderdale-by-the-Sea, this is a unique opportunity for developers and investors seeking a signature beachfront location.
Details
Contract Information
Listing Date: 2026-03-09
Status: Active
Original List Price: 20000000
Auction: No
List Price: $20,000,000
Current Price: $20,000,000
List Price/Acre: 13986013.99
General Property Description
Type: Commercial Land
Lot Dimensions: 62250
Lot SqFt: 62250
Lot Frontage: 250
Lot Depth: 250
Acres: 1.43
Waterfront: Yes
Homeowners Assoc: None
Location Tax Legal
Area: 3130
County: Broward
Parcel ID: 494318010510
Street #: 4546-4560
Street Name: El Mar
Street Suffix: Drive
Unit #: 4546-4560
Zip Code: 33308
Legal Desc: LAUDERDALE BY THE SEA 6-2 B LOTS 12 THRU 16 BLK 8
Geo Lat: 26.194186
Geo Lon: -80.094824
Property Features
Land Use: Multi-Family Med Den
Location: Beach Area
Comp Plan Use: Open Land
Utilities Avail: None
Utilities On Site: Public Water; None
Waterfront Details: Oceanfront
Roads: City/County Maint.
Usage: Unimproved Hotel/Mtl; Unimproved Multi-Fam
Terms Considered: Cash; Conventional
Supplements
Positioned directly on the sand in the heart of Lauderdale-by-the-Sea, this extraordinary 1.43-acre oceanfront development opportunity offers 250 feet of prime Atlantic Ocean frontage along one of South Florida's most desirable boutique beach communities.Located at 45464560 El Mar Drive, the property spans an expansive stretch of beachfront with unobstructed ocean views and direct beach access. Zoned RM-25, the site provides exceptional flexibility for developers and investors seeking to create a signature coastal project. Potential uses include multifamily residences, a boutique hotel, or luxury townhomes, allowing for a wide range of development concepts in a high-demand beachfront market.With its generous lot size, rare 250 feet of direct frontage on the Atlantic Ocean, and walkable location near the charming shops, restaurants, and pier of downtown Lauderdale-by-the-Sea, this parcel represents one of the last large-scale oceanfront development opportunities in the area.Whether envisioned as an upscale residential enclave, an exclusive seaside resort, or luxury townhomes, this property offers the scale, zoning, and premier location to create a landmark coastal destination.Property Highlights1.43 acres of direct oceanfront land250 ft of frontage on the Atlantic OceanZoned RM-25 (multifamily / hospitality / townhome potential)Prime location on El Mar DriveWalkable to dining, retail, and the beachside village atmosphere of Lauderdale-by-the-SeaOne of the largest remaining beachfront development sites in the areaA rare opportunity to develop a premier oceanfront project in one of South Florida's most charming and sought-after beach towns.
Listing Office: Mari Juliette Real Estate
Last Updated: March - 09 - 2026

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Tuesday 10th of March 2026 11:25 PM