The Palms on Ocean
For Sale
Contact for pricing
831 N Ocean Blvd, Pompano Beach, FL 33062
Sixteen-room hospitality property with a food mart, pool, parking, and kitchenettes in every room.
Property Size5,734 SF
Lot Size0.28 Acres
Days on Market147
Property Features for 831 N Ocean Blvd
General Information
Standard status
Active
Size
5,734 SF
Total Parking Spaces
21
Lot size
0.28 Acres
Property subtype
Hospitality
Zoning
RM-20
Occupancy
73%
Investment Type
Stabilized
Net Operating Income
$292,554
Amenities
pool
food mart
kitchenette
Building Details
Year Built
1954
Year Renovated
2018
Stories
2
Listing Agency:
Cushman & Wakefield - Miami, Florida
(305) 613-4507
Listed By:
Virgilio Fernandez · License #SL3397219
Source:
Crexi
Added: Apr 8
Changed: Aug 30
Last Checked: Aug 31 at 7:25AM
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 Cushman & Wakefield - Miami, Florida
Investment Insights
Based on property information with market context.
The Palms on Ocean is a 16-room hotel with an on-site food mart, guest pool, parking, and kitchenettes in every room. The 5,734-square-foot property was built in 1954 and includes impact windows, a resurfaced parking lot, and a roof completed in 2018.
Located at 831 N Ocean Blvd in Pompano Beach, the property sits near the Atlantic Ocean and is within reach of the Pompano Beach Pier, Pompano Golf Course, and Citi Centre. The hotel occupies a .28-acre site and is zoned RM-20. It has been owner-operated for over three decades.
Located at 831 N Ocean Blvd in Pompano Beach, the property sits near the Atlantic Ocean and is within reach of the Pompano Beach Pier, Pompano Golf Course, and Citi Centre. The hotel occupies a .28-acre site and is zoned RM-20. It has been owner-operated for over three decades.
Key Highlights
- 16‑room hotel with on‑site food mart, pool, parking, and kitchenettes
- 5,734 SF property on a .28‑acre lot
- Roof completed in 2018
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,654
Businesses Nearby
Explore this area
Business Placement
Demographics for 33062, FL
25,293
Population
23,059
Households
1.1
Avg Household Size
60
Median Age
48%
College-Educated
94%
High-School Grad
3.9 sq mi
ZIP Area
6,485
Density / Sq Mi
$82,955
Median Household Income
$56,828
Median Earnings
$1,888
Median Rent
$511,800
Median Home Value
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Hotel - Sixteen-room hospitality property with a food mart, pool, parking, and kitchenettes in every room.
Where is this hotel located?
The property is located at 831 N Ocean Blvd Pompano Beach, FL.
What are key features of this property?
This property features: 16‑room hotel with on‑site food mart, pool, parking, and kitchenettes; 5,734 SF property on a .28‑acre lot; Roof completed in 2018
