Caviar Global Properties - Pompano Beach & Boca Raton Real Estate | Buy or Sell

Courtesy of Caviar Global Properties LLC.

$1,990,000

4529 N Ocean Dr

Lauderdale By The Sea , FL 33308

  • 5,039

Contact Us to Learn More

Carola Lueder

Carola Lueder

Founder – Executive Director

LIC#BK3187419

Request More Info

  • This field is for validation purposes and should be left unchanged.

Schedule a Showing

  • This field is for validation purposes and should be left unchanged.

Property Description

REDUCED – The property consists of 12 rms, one is an office. Motel has a transient motel/hotel license but is currently being operated as month to month rentals. Been family operated for 16 years. This is a value-add property, the new owner could return to vacation rentals & significantly improve cash flow. All units individually metered for electrical & fully furnished. Double lot, 12,502 SF w 100 linear ft of frontage on N Ocean Dr (A-1-A), separate property ID #’s, allowing for future development. 10 parking stalls. A courtyard entry with pool at the front of the property. Some rooms have been upgraded. 8 of the 12 rms have kitchens or kitchenettes, perfect for extended stays. Located one block from the beach, an easy walk to the famous Lauderdale by the Sea Pier, restaurants & shops.

Property Details & Features

Property Type
  • Hotel
Year Built
  • 1964
House
  • 5,039 sq ft total
  • Built in 1964
  • 2 buildings
  • 12 meters
  • Concrete Block Construction
  • Fire Protection: Smoke Detector
Cooling
  • Wall/Window Unit Cooling
Floors
  • Ceramic Floor
  • Terrazzo Floors
Water
  • Public Water
Heating
  • No Heat
Location
  • County: Broward County
  • MLS Area: 3130
  • Beach Access
  • City Location
Lot
  • 12,502 sqft
  • Frontage: 100
Parking
  • Handicap Parking
  • Shared Parking
Property
  • 12,502 sqft
  • PropertyDescription: 12 unit Motel
  • 12 units
  • Hotel/Motel
Roof
  • Concrete Roof
Sewer
  • Public Sanitation
Taxes
  • Amount: $15,181
  • Year: 2019

Mortgage Calculator

Let’s Talk

You’ve got questions and we can’t wait to answer them.

Contact Us

Contact

  • This field is for validation purposes and should be left unchanged.

Contact Details

Telephone:

954-663-8266

Address:

2601 E Oakland Blvd, Suite 101A Fort Lauderdale FL 33306