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4653 N Ocean Dr, Lauderdale By The Sea FL 33308

Commercial Recently Sold
$4,400,000

BTC: 49.61132347

ETH: 1,423.24350726

Sold on: 2020-08-21
21 days
Waterfront
0 room(s)
Est. Estimated sales range: $0 - $0
$0

Overview

South Florida boutique hotel located in the quaint seaside village of Lauderdale by the Sea -Submarket of Ft Lauderdale / Miami. A unique well maintained property in a one of a kind location. Hollywood International Airport–7 miles. Palm Beach International–40 miles. 8 miles to downtown / Las Olas. One block to one of the most beautiful beaches in S Florida. Owner or manager 2 bedroom, 2 bath penthouse with private elevator. Office. Heated pool & central air. Lush, tropical grounds. New roof, impact windows & other recent improvements. Excellent visibility–200’ of N. Ocean Drive frontage Ground lease–Approximately 79 years remaining. 2020 rent-$17,482. Annual rent is CPI adjusted and cannot increase more than 2% per year.

Location

Facts and features

Type:
Commercial Sale
Parking:
No Data
Year Built:
1955
Lot:
27068 Square Feet
Heating:
No Data
Price/sqft:
No Data
Cooling:
Central Individual A/C
HOA:
No Data
All facts and features
  • Flooring

    • Tile

    Cooling

    • Central Individual A/C

  • Lot

    • Lot: 27068 Square Feet

    Other Property Information

    • Parcel Number: 494318012690

    • Zoning: RM-25

  • Type and style

    • Property Type: Commercial Sale

    • Property Sub Type: Hotel/Motel

  • Other financial information

    • Annual tax amount: $74,020

  • Source details

    • MLS ID: A10875378

    Other facts

    • Lot Features: Beach Access / Corner Lot

    • Window Features: Clear Impact Glass

    • Waterfront: Yes

    • Water Source: Public

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