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5-Unit Apartment Building
For Sale
$1,725,000

4548 N Ocean Dr, Lauderdale by the Sea, FL 33313

Five one-bedroom apartments offer new kitchens, impact windows, and an established vacation-rental configuration.

Property Size1,150 SF
Price / SF$1,500
Days on Market620

Property Features for 4548 N Ocean Dr

General Information

Standard status Active
Size 1,150 SF
Property subtype Multi Family
Zoning RM25

Units

Unit Mix 5 x 1BR/1BA
Multifamily Units 5

Taxes and HOA fees

Annual Taxes $2,907

Building Details

Year Built 1973
Listing Agency: RE/MAX Consultants Realty 1
Listed By: Howard Goldberg PA · License #3264502
Source: Exitrealty
Added: Dec 17, 2024 Changed: Aug 29 Last Checked: Aug 29 at 4:02PM

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 RE/MAX Consultants Realty 1

Investment Insights

Based on property information with market context.

This 5-unit apartment property was built in 1973 and is currently operated as vacation rental housing. Each apartment contains 1 bedroom and 1 bathroom, with new kitchens and impact windows across the units. The five-unit configuration provides a defined multifamily layout within a compact apartment asset.

The property is located in Lauderdale By the Sea, Florida, with walkable access to the beach, stores, restaurants, and nightlife. RM25 zoning is in place, and the property may be developed to as many as 3 stories with a maximum height of 32ft.

Key Highlights

  • 5‑unit apartment property built in 1973
  • Each unit includes 1 bedroom and 1 bathroom
  • New kitchens and impact windows in each unit

Property Analytics

Current Use

Short term rental ...

Suggested Use

Top Pick Daycare Center Barber Shop (Bike/Boat/Book/etc) Store Grocery & Convenience Store Auto Repair Shop Locksmith

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

5
Residential units

Location Intelligence

Trade Area within ½ mile

1,528
Businesses Nearby

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
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Five one-bedroom apartments offer new kitchens, impact windows, and an established vacation-rental configuration.
Where is this apartment building located?
The property is located at 4548 N Ocean Dr 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: 5‑unit apartment property built in 1973; Each unit includes 1 bedroom and 1 bathroom; New kitchens and impact windows in each unit
More about this property
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