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Royal Blues Hotel 45 NE 21st Ave 12 Room Hotel Deerfield Beach, FL 33441 For Sale
INVESTMENT HIGHLIGHTS
- This stunning boutique hotel provides investors with 12 luxury guest rooms, an owner’s suite, and a 1st floor contemporary fine dining restaurant.
- 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.
- Located at the heart of Deerfield Beach, the hotel is in walking distance of beautiful beaches, the fishing pier, top-rated restaurants, and more.
- In 2023, the surrounding area saw almost 750,000 visitors, driving robust tourism and hospitality spending.
EXECUTIVE SUMMARY
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 plus an owner’s suite across w five floors. The owner suite is a 2 floor loft, 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.
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.
PROPERTY FACTS
| Sale Type | Investment | No. Rooms | 12 |
| Property Type | Hospitality | No. Stories | 5 |
| Property Subtype | Hotel | Year Built | 2014 |
| Building Class | A | Parking Ratio | 9.08/1,000 SF |
| Lot Size | 0.39 AC | Corridor | Interior |
| Building Size | 16,534 SF | ||
| Zoning | RM-25 - Commercial | ||
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | A |
| Lot Size | 0.39 AC |
| Building Size | 16,534 SF |
| No. Rooms | 12 |
| No. Stories | 5 |
| Year Built | 2014 |
| Parking Ratio | 9.08/1,000 SF |
| Corridor | Interior |
| Zoning | RM-25 - Commercial |
AMENITIES
- Balcony
- Fitness Center
- Pool
- Restaurant
- High Speed Internet Access
- Patio
- On-Site Bar
- Public Access Wifi
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Suite | 3 | $629.00 | - |
| Guest Room | 9 | $319.00 | - |
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Walk Score®
Very Walkable (75)
Bike Score®
Very Bikeable (84)
PROPERTY TAXES
| Parcel Number | 48-43-05-04-0460 | Improvements Assessment | $3,513,370 |
| Land Assessment | $1,716,500 | Total Assessment | $5,229,870 |
PROPERTY TAXES
Parcel Number
48-43-05-04-0460
Land Assessment
$1,716,500
Improvements Assessment
$3,513,370
Total Assessment
$5,229,870
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Royal Blues Hotel | 45 NE 21st Ave
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