Property profile

4200 Ocean Dr Lauderdale-by-the-Sea, FL 33308

OFF-MARKET
Other land
Property ID
US18-5529058
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Property summary

AI-generated overview

The property consists of a 5,616-square-foot parcel in Lauderdale-by-the-Sea, Florida, zoned RM-25, which permits up to three residential units or up to six hotel doors. The parcel is associated with previously approved plans for a luxury duplex structure, and supporting development materials including full plans, renderings, and soil tests are available. The site is located within short walking distance of the beach and is approximately three blocks from the town center, where dining, retail, and seaside entertainment are present.

Property profile

Verified
Property type Other land
UPID US18-5529058

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

4200 Ocean Dr Lauderdale-by-the-Sea, FL 33308
Lauderdale-by-the-Sea metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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