Commercial Investment Opportunity
Price
$141,000,000
Off-Market Investment Opportunity:
Tideline Ocean Resort & Spa – Palm Beach, FL
2842 South Ocean Boulevard, Palm Beach, Florida 33480
Property Overview:
We are pleased to present an exclusive investment opportunity for the Tideline Ocean Resort & Spa, an exquisite and luxurious beachfront property located in the prestigious Palm Beach, Florida. As one of only four hotels directly on the beach, this property offers unparalleled value and potential for investors seeking prime real estate.
Key Investment Highlights:
Prime Location: Nestled on Palm Beach’s most beautiful sandy beach, the resort is adjacent to the Four Seasons Hotel and near The Breakers, ensuring high desirability and premium rates.
134 Luxury Keys: Featuring brand-new luxury guest rooms and suites with Fili D’oro bedding, the hotel caters to upscale clientele, promising strong occupancy and revenue streams.
Exclusive Amenities:
Modern bar lounge and versatile event spaces
Private pool and direct private beach access
Two world-class restaurants within the resort
Full-service spa ranked among the best in Florida
Event Space Potential: The 3rd floor offers two event spaces with floor-to-ceiling windows, ideal for conversion to a high-end restaurant, further increasing revenue potential.
Recent Renovations: The entire hotel was renovated at the end of 2023, minimizing immediate capital expenditure needs.
Upcoming Enhancements: The property is undergoing a PIP plan to become part of the “Autograph Collection by Marriott,” with a targeted opening in January, enhancing brand prestige and marketability.
Financial Upsides:
Strong Comparable Properties: Proximity to the Four Seasons Hotel and The Breakers ensures competitive positioning within the luxury market.
High Occupancy Rates: The prime beachfront location and luxury amenities drive consistent high occupancy rates and premium room rates.
Diverse Revenue Streams: Multiple revenue streams from accommodations, dining, event spaces, and spa services.
Brand Enhancement: Affiliation with Marriott’s Autograph Collection will elevate the property’s market presence and appeal to a broader customer base.
Investment Details:
Asking Price: $141,000,000
Comparable Sales: The adjacent Four Seasons and The Breakers demonstrate the high-value potential of beachfront properties in this area.
Conclusion:
The Tideline Ocean Resort & Spa represents a rare and lucrative investment opportunity in Palm Beach's prime real estate market. With its exclusive location, luxurious amenities, and potential for enhanced revenue streams, this property is an ideal addition to any high-end investment portfolio.
Contact:
For more information or to submit offers, please contact:
Investments DepartmentEmail: investments@promiselandrealtyllc.com
Seize this unparalleled opportunity to invest in a premier luxury beachfront property and capitalize on the growing demand for high-end hospitality experiences.
Aerial View
Property Map
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PROMISE LAND REALTY, LLC
Work: 864-762-2509
All Off Market Properties are sold 'As-Is'. Buyer must do their due diligence. Sold on warranty deed. We are selling our assignable interest. You do NOT HAVE PERMISSION to market this property WITHOUT EXPRESSED WRITTEN CONSENT. Proof of Funds is required with all offers. Earnest Money Deposit due within 48 hours of accepted offer. Closings are done quickly and with a title company/closing attorney. Realtors add your fee on top.
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