, 4229 N Ocean Drive, Lauderdale By The Sea Property Listing: MLS® #RX-10700603
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Howard Jendlin

REALTOR®

  • Office 561-447-0666
  • Cell 561-702-3102
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4229 N Ocean Drive, Lauderdale By The Sea, FL – $4,999,000

  • $5M Price
  • 9,333 Sqft
  • .47 Acres
  • $5M Price
  • 9,333 Sqft
  • .47 Acres

Howard Jendlin

Cell: 561-702-3102 | Office: 561-447-0666

4229 N Ocean Drive

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,laundry facility and storage rooms. The current owner had a plan to add a third floor to the existing building to give extra rooms and rooftop with ocean views. Don't miss this amazing opportunity, the possibilities are endless!

Essential Information

  • MLS® #RX-10700603
  • Price$4,999,000
  • Square Footage9,333
  • Acres0.47
  • Year Built1964
  • TypeCommercial
  • Sub-TypeHotel/ Motel
  • StyleHotel / Motel
  • StatusActive Under Contract

Community Information

  • Address4229 N Ocean Drive
  • Area3140
  • CityLauderdale By The Sea
  • CountyBroward
  • StateFL
  • Zip Code33308

Amenities

Utilities

110, 220, Public Sewer, Public Water, Gas Bottle

Interior

  • HeatingWindow/Wall
  • CoolingWall-Win A/C
  • # of Stories2

Appliances

Building and Land, Fixtures, Furniture, Inventory, License, Signs, Trade Name

Exterior

  • Lot DescriptionPristine Motel 1 Blk
  • RoofOther, Tar/Gravel
  • ConstructionCBS, Frame/Stucco

Additional Information

  • ZoningRM-25

Listing Details

  • OfficeUnited Realty Group, Inc
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Price Change History for 4229 N Ocean Drive, Lauderdale By The Sea, FL (MLS® #RX-10700603)

Date Details Change
Status Changed from Active to Active Under Contract
Status Changed from New to Active

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Listing information last updated on June 27th, 2022 at 10:52am EDT.