Address
4229 N Ocean Drive, Lauderdale By The Sea, FL
Price
$ 5,500,000
Property Attributes
  • MLS#RX-10814398
  • TypeCommercial
  • CountyBROWARD
  • CityLauderdale By The Sea
  • Area3140
  • Zip33308
  • StyleHotel/ Motel
  • Year Built1964
  • Taxes$ 61151
  • Price$ 5,500,000
  • Bedrooms0
  • Full Bathrooms25
  • Half Bathrooms0
  • Sqr Footage9333
Data Source:
Beaches MLS
Property Description

turn-key opportunity, great potential, excellent location! The motel is located at the heart of Downtown Lauderdale by the Sea, your guests are just a short walk to the beautiful Atlantic Ocean, Anglin's Fishing Pier, all the first-class amenities Lauderdale by the Sea has to offer, 10 minutes drive to Downtown Fort Lauderdale,15 Minutes to Fort Lauderdale International Airport and has excellent visibility with 198 feet of N Ocean Drive frontage, making this motel the perfect accommodation for both local Floridians and International guests. The property featuring 2 stories, concrete block construction and comprises 23 hotel rooms all well decorated and equipped with kitchenettes and flat-screen TVs, the property also consists of 21 ample parking, a heated pool, green spaces, a laundry

Price History
7/6/2022 Listed $5,500,000

General Features

Area 3140
Auction No
Built Desc Resale
Construction CBS, Stucco
Cooling Wall-Win A/C
For Lease No
Geo Area FBEA
Geo Lat 26.186734
Geo Lon -80.097226
Heating Window/Wall
Legal Description LAUDERDALE BY THE SEA 6-2 B LOT 1, 2, 3, 4 BLK 30
Location City
Misc. Pool, Rear Access, Traffic Medium
Misc. Fenced, Landscaped, Laundry
Possession Funding
Property Type E
Roof Other, Tar/Gravel
Security Fence, Security Light
Status Active
Stories 2.0
Tax Year 2020
Tenant Pays None
Terms Considered Cash, Conventional
Type Hotel-Motel
Type Of Building Hotel / Motel
Use Hotel/ Motel
Utilities 110, 220, Gas Bottle, Public Sewer, Public Water
Virtual Tour https://www.propertypanorama.com/4229-N-Ocean-Drive-Lauderdale-By-The-Sea-FL-33308--RX-10814398/unbranded
Waterfront No
Year Built 1964
Zoning RM-25

Interior Features

Ceiling Sheet Rock
Flooring Tile
Total Number of Units 23
Unit 1 Furnished
Unit 1: Unit Desc Hotel
Unit 2 Furnished
Unit 2: Unit Desc Efficiency
Unit 3: Unit Desc 2 Bedroom

Exterior Features

Sale Includes Building and Land, Fixtures, Furniture, Inventory, License, Signs, Trade Name
Lot Size 0.47
Property Desc Pristine Motel 1 Blk

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 33308

Price
AVG $1.5M
$5.5M
Taxes
AVG $56,616
$61,151
Visits
AVG 34
14
Year Built
AVG 1972
1964
Walkscore
AVG 71
65
Data Provided by Walkscore ® not using MLS data

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