Technical
Financial
Distress signals
Property profile

4605 Ocean Dr Lauderdale By The Sea, FL 33308

OFF-MARKET
Hotels
Property ID
US18-0221223
5,379 SF 0.28 ac lot Built 1949
Entity Owned 9-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Hotels
Use group HOTEL
Year built 1949
Construction CONCRETE
Total area 5,379 SF
Lot 0.28 ac (12,366 SF)
Zoning code RM-25
APN 49-43-18-01-2780
UPID US18-0221223

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Hotel & Motel Resort
  • Hotel & Motel
  • Cycling Facility (Bike/Boat/Book/etc) Store

Location

4605 Ocean Dr Lauderdale By The Sea, FL 33308-3619
Lauderdale By The Sea metro Census 40102 MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$535k
CAP Approach CAP
$635k
Comparable Approach Comparable
$876k
Blend (final) Blend
$680k

Owner & transaction history

since 2017
7 recorded transactions
2018
Price N/A
2017
$2.7M
2015
$1.9M
2013
$1.8M
2010
$644,700
2010
Price N/A
1969
Price N/A

Zoning & alternative use

RM-25 · Lauderdale By The Sea, FL
General category RESIDENTIAL

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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