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

Courtesy of United Realty Group, Inc.

$4,999,000

4229 Ocean Drive

Lauderdale By The Sea , FL 33308

  • 9,333

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Carola Lueder

Carola Lueder

Founder – Executive Director

LIC#BK3187419

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Property Description

turn-key opportunity, great potential, and excellent location!The motel is located at the heart of Downtown Lauderdale by the Sea, your guests are just a short walk to 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 of 13 hotel rooms,12 studios all well decorated and equipped with kitchenettes and flat screen TVs, the property also consist of 23 ample parking, heated pool, green spaces,

Property Details & Features

Property Type
  • Hotel-motel
Year Built
  • 1964
Listing
  • Source: Palm Beach
  • List price: $4,999,000
  • MLS ID: 20121115220811115022000000
  • Listing ID: RX-10700603
  • Status: Active
  • For lease?: No
  • $536 per square foot
  • None
Bathrooms
  • 25 total bathrooms
House
  • 9,333 total building square feet
  • Built in 1964
  • 2 stories
  • 25 units in build
  • Year built description: Resale
  • Square footage source: SimpleTemplate
  • 1 office
  • 13 total units for unit 1
  • 10 total units for unit 2
  • 2 total units for unit 3
  • CBS
  • Stucco
  • Smoke Detector
  • Hotel / Motel
  • Furnished
  • Furnished
Cooling
  • Wall-Win A/C
Floors
  • Tile
Heating
  • Window/Wall
Interior Features
  • Sheet Rock
Location
  • County: Broward
  • City
Lot
  • 0 acres
Miscellaneous
  • Unit 1 description: Hotel
  • Unit 2 description: Efficiency
  • Unit 3 description: 1 Bedroom
  • Fenced
  • Landscaped
  • Laundry
  • Pool
  • Rear Access
  • Traffic Medium
  • None
  • Cash
  • Conventional
  • Owner
Property
  • Property type: E
  • Zoning: RM-25
  • Waterfront: No
Roof
  • Other
  • Tar/Gravel
Security System
  • Fence
  • Security Light
Taxes
  • Real estate taxes: $61,151
  • Year: 2020
Utilities
  • 13.00 meter
  • 110
  • 220
  • Gas Bottle
  • Public Sewer
  • Public Water

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Contact

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Contact Details

Telephone:

954-663-8266

Address:

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