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4653 N Ocean Dr, Lauderdale By The Sea FL 33308

Commercial Recently Sold
$4,400,000

BTC: 70.96659731

ETH: 1,389.29673168

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

Florida • Lauderdale By The Sea • 33308 • Commercial • Recently Sold • Waterfront

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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The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2024-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Coldwell Banker Realty