Building Details

Building Size 1,150 SF

Year Built 1973

Units 4

Listing Agency: Re/Max Consultants Realty I h***@goldbergsells.com Show Phone

Listed By: Howard Goldberg PA · License #3264502 Show Phone

Source: Elliman

Added: Mar 11 Changed: Aug 8 Last Checked: Aug 8 at 2:26PM

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Investment Insights

Based on property information with market context.

This five-unit complex is located in Lauderdale By The Sea, Florida, and is currently used as a vacation rental property. Each unit features one bedroom and one bathroom, along with new kitchens and impact windows. Zoned RM25, the property has the potential to be developed up to three stories (32 feet). The location provides convenient access to the beach, stores, restaurants, and nightlife, offering potential for a new owner to increase revenue.

Key Highlights

• Prime Location: Walk to the beach, stores, restaurants, and nightlife in Lauderdale by the Sea.
• Income Potential: Currently used as a vacation rental property with potential to increase revenue.
• Development Opportunity: Zoned RM25 with potential to develop up to 3 stories (32ft).

Property Analytics

Property Profile

Current Use

Short term rental ...

Suggested Use

Top Pick Barber Shop Daycare Center Auto Repair Shop Auto Parts Store (Bike/Boat/Book/etc) Store Storage Facility

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

Location Intelligence

Trade Area within ½ mile

1,509

Businesses Nearby

Explore this area Business Placement

Demographics for 33313, FL

63,284

Population

25,312

Households

2.5

Avg Household Size

36

Median Age

15%

College-Educated

85%

High-School Grad

6.3 sq mi

ZIP Area

10,045

Density / Sq Mi

$45,408

Median Household Income

$30,872

Median Earnings

$1,608

Median Rent

$236,300

Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022

10.2% 2023

11.4% 2024

11.3% 2025

Questions? Ask Rey

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What type of property is this? Where is this apartment buildings located? What is the asking price? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Apartment building - Five-unit complex near the beach with development potential.

Where is this apartment building located?

The property is located at 4548 N Ocean Lauderdale by the Sea, FL.

What is the asking price?

The asking price for this property is $1,725,000.

What are key features of this property?

This property features: Prime Location: Walk to the beach, stores, restaurants, and nightlife in Lauderdale by the Sea.; Income Potential: Currently used as a vacation rental property with potential to increase revenue.; Development Opportunity: Zoned RM25 with potential to develop up to 3 stories (32ft).