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Key Details
Property Type Commercial
Sub Type Hotel/Motel
Listing Status Hold
Purchase Type For Sale
Square Footage 5,959 sqft
Price per Sqft $822
MLS Listing ID R11127344
Construction Status Resale
HOA Y/N No
Year Built 1967
Annual Tax Amount $44,636
Tax Year 2024
Lot Size 0.300 Acres
Acres 0.3
Property Sub-Type Hotel/Motel
Property Description
The property is thoughtfully configured with 8 traditional guest rooms and 8 spacious efficiency units, each featuring a private kitchenette and bathroom. Beyond the guest rooms, the property also boasts a 17th door housing an office & retail storefront. To elevate the investment further, the site includes a beer and wine license, and a commercial kitchen license, creating an exciting avenue for on-site sales and added revenue streams, currently not being leveraged.
Positioned as both a strong income generator and a versatile hospitality play, this hotel blends immediate operational upside with long-term potential. Built in 1967, the hotel sits on a 0.30-acre lot with direct frontage to Ocean Drive. The property features amenities such as an outdoor pool, picnic and barbecue area, retail beer, wine, and tobacco store, ATM, and 24-hour front desk. The hotel is positioned across the street (A1A) from Fort Lauderdale Beach and is near numerous demand generators such as Downtown Fort Lauderdale, Fort Lauderdale - Hollywood International Airport, and Las Olas. Seller is offering a $200,000 seller credit at close for room and roof renovations.
Location
State FL
County Broward
Area 3150
Region Fort Lauderdale
City Region Fort Lauderdale
Interior
Heating Central, Individual
Cooling Ceiling Fan(s)
Flooring Tile
Fireplace No
Exterior
Utilities Available Cable Available
Roof Type Concrete
Building
Dwelling Type Hotel/Motel,Retail
Sewer Public Sewer
Level or Stories Two
New Construction No
Construction Status Resale
Others
Pets Allowed No
Tax ID 494319030470
Security Features Smoke Detector(s)
Acceptable Financing Assumable, Cash
Listing Terms Assumable, Cash
Virtual Tour https://www.propertypanorama.com/4117-N-Ocean-Boulevard-Fort-Lauderdale-FL-33308/unbranded
Nearby School & Business
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