Fort Lauderdale Hotel Portfolio For
For Sale
$26,500,000
4041-4051 N Ocean Blvd, Fort Lauderdale, FL 33308
Two turnkey hotels with 133 rooms on 1.66 acres.
Property Size46,763 SF
Price / SF$566.69
Days on Market277
Property Features for 4041-4051 N Ocean Blvd
General Information
Standard status
Active
Size
46,763 SF
Property subtype
Hospitality
Building Details
Building Size
46,763 SF
Listing Agency:
(305) 335-4144
Listed By:
Matthew Jacocks · License #FL #BK3531037
(305) 335-4144
Source:
Lee-associates
Added: Nov 26, 2025
Changed: Aug 11
Last Checked: Aug 29 at 7:51AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Matthew Jacocks
Investment Insights
Based on property information with market context.
This offering presents the opportunity to acquire a hotel portfolio featuring two independent hotels, totaling approximately 46,763 square feet. Situated along Ocean Boulevard in Fort Lauderdale, Florida, the properties are located within Galt Mile, offering frontage on a contiguous site in a high barrier to entry market. The portfolio features a total of 133 rooms across two buildings constructed in 1961 and 1979, situated on a combined 1.66 acres of land. Extensive interior and exterior renovations were completed in 2017, including renovations to the Ocean Beach Palace lobby. Room renovations included panels, carpet, headboards, AC, appliances, beds, bathrooms, and amenities. The properties are located directly along North Ocean Boulevard, strategically positioned in the Galt Mile market, between Oakland Park and Commercial Boulevards, two blocks from the Atlantic Ocean and the Intracoastal Waterway. The location is approximately 6 miles southwest of downtown Fort Lauderdale. The surrounding area is primarily commercial and retail, with residential uses to the west. There are five bus stops in close proximity. The average daily traffic count at the intersection of East Oakland Park Boulevard and West Oak Park Access Road exceeds 38,000 vehicles per day. Local demand generators include Port Everglades, Riverwalk Fort Lauderdale, and The Casino at Dania Beach. Hugh Taylor Birch State Park and 23 miles of beaches are nearby. Interstate 95 is approximately 5 miles west of the property.
Key Highlights
- Prime Ocean Blvd frontage on Galt Mile in Fort Lauderdale, a high barrier to entry market.
- Two turnkey, independent hotels with 133 rooms on contiguous parcels.
- Substantial returns from current turn‑key operations.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
815
Businesses Nearby
Explore this area
Business Placement
Demographics for 33308, FL
29,519
Population
23,230
Households
1.3
Avg Household Size
57
Median Age
56%
College-Educated
96%
High-School Grad
4.6 sq mi
ZIP Area
6,417
Density / Sq Mi
$83,413
Median Household Income
$58,600
Median Earnings
$1,850
Median Rent
$536,900
Median Home Value
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Frequently Asked Questions
What type of property is this?
Hotel - Two turnkey hotels with 133 rooms on 1.66 acres.
Where is this hotel located?
The property is located at 4041-4051 N Ocean Blvd Fort Lauderdale, FL.
What is the asking price?
The asking price for this property is $26,500,000.
What are key features of this property?
This property features: Prime Ocean Blvd frontage on Galt Mile in Fort Lauderdale, a high barrier to entry market.; Two turnkey, independent hotels with 133 rooms on contiguous parcels.; Substantial returns from current turn‑key operations.
