PREMIER HOTEL REALTY SELLS SEA GARDEN RESORT IN LAUDERDALE-BY-THE-SEA

Lauderdale-By-The-Sea, FL –Premier Hotel Realty announced today the sale of Sea Garden Resort in Lauderdale By The Sea to Sea Garden By The Sea, Inc., a Canadian based corporation. The property sold for approximately $3.0m. Premier Hotel Realty represented the Seller. The hotel is located on North Ocean Drive, a short walk from the Lauderdale-by-the-Sea entertainment district & Commercial Blvd. pier.

Sea Garden Resort has been a destination resort for visitors to the LBTS area for many years, attracting repeat guests from all parts of the world. Amenities feature a lovely pool, in-suite kitchens, and easy access to Lauderdale area beaches. Many guests frequent the area for it’s crystal clear waters and premier snorkeling and shore diving on the near shore shallow reefs.

“Our recent transactions are a healthy sign of investor confidence that the tourism business in South Florida will continue to grow.” said Rick Tobin, Broker for Premier Hotel Realty, a commercial brokerage firm that has sold numerous hotels in the area. “The demand is strong for hotels and multifamily properties in this area, and inventory is low. Fueling demand is a new influx of visitors from Great Britain, now enjoying direct flights from London to Fort Lauderdale. We're constantly getting inquiries for more properties and are looking for more to bring to market.” Tobin said.

Premier Hotel Realty is a leading brokerage firm that specializes in globally marketing properties in Lauderdale By The Sea, Pompano Beach and Fort Lauderdale Beach areas. Rick Tobin has been consulting on hotel transactions for over 10 years and is an active board member of the area's local Chamber of Commerce.

About Premier Hotel Realty
Premier Hotel Realty, led by Broker/ Owner Rick Tobin, is based in Pompano Beach, and globally markets a wide variety of properties. The company was founded in 2008. For more information visit www.PremierHotelRealty.com or call 954-543-5411

Premier Hotel Realty
Rick Tobin, Broker
954-543-5411

This email address is being protected from spambots. You need JavaScript enabled to view it.
www.PremierHotelRealty.com


 

 
This press release has been viewed 947 times on PR Buzz.