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48-Unit Apartment Building Near Beach
For Sale
$3,792,000
Pending

4051 N OCEAN BLVD Unit MULTIP, Fort Lauderdale, FL 33308

Condominium property with 48 rented efficiency units, central A/C, a pool area, and on-site parking.

Property Size36,300 SF
Days on Market3969

Property Features for 4051 N OCEAN BLVD Unit MULTIP

General Information

Standard status Pending
Size 36,300 SF
Property subtype General Commercial
Occupancy 100%

Units

Unit Mix 48 x Single Efficiency
Multifamily Units 48

Additional Details

Road Access Yes

Amenities

pool
3
48 Parking Spaces.
350

Building Details

Year Built 1979
Buildings 1
Listing Agency: Ocean Realty
Listed By: Horst Rosenbaum · License #3230698
Source: Xome
Added: Sep 27, 2015 Changed: Jul 31 Last Checked: Jul 31 at 4:05PM

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 Ocean Realty

Investment Insights

Based on property information with market context.

This condominium apartment property includes 48 single-efficiency units organized across 24 folios. The units are all rented, and the property features solid construction, a tile roof, central A/C, a pool area, and 48 parking spaces. Built in 1979, the property offers a substantial multifamily configuration in an established coastal setting.

Located on Ocean Blvd (A1A), the building is across the street from the beach and near shopping and restaurants. The condominium structure and existing unit count provide a defined ownership and operating format for multifamily buyers.

Key Highlights

  • 48 single‑efficiency units across 24 folios
  • All units are rented
  • Across the street from the beach on Ocean Blvd (A1A)

Property Analytics

Current Use

Hotel dormitorio Hotel & Motel ОВР Hotel & Motel ОВС Hotel & Motel By the Sea Bed & Breakfast Causeway Cruise Terminal

Suggested Use

Top Pick Auto Repair Shop Auto Parts Store Daycare Center Electrical Service Grocery & Convenience Store Furniture & Home Goods

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

48
Residential units
100%
Occupancy
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

815
Businesses Nearby

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

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Condominium property with 48 rented efficiency units, central A/C, a pool area, and on-site parking.
Where is this apartment building located?
The property is located at 4051 N OCEAN BLVD Unit MULTIP Fort Lauderdale, FL.
What is the asking price?
The asking price for this property is $3,792,000.
What are key features of this property?
This property features: 48 single‑efficiency units across 24 folios; All units are rented; Across the street from the beach on Ocean Blvd (A1A)
More about this property
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