Key International and Wexford Real Estate Investors purchased a Pompano Beach oceanfront hotel for $54 million, the buyers announced.

The 219-key Fort Lauderdale Marriott Pompano Beach Resort & Spa is located at 1200 N Ocean Boulevard, between NE 12th and 13th streets. The hotel includes three buildings over 4.2 acres, a spa and two restaurants.

APEX Capital Realty’s Miguel Pinto and Garrick Benabe represented the seller. Ovy Anghel, also of APEX, joined the pair in representing the buyers.

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