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 Market142
Property Features for 831 N Ocean Blvd
General Information
Standard status
Active
Size
5,734 SF
Lot size
0.28 Acres
Property subtype
Land
Zoning
RM-20
Occupancy
73%
Investment Type
Stabilized
Net Operating Income
$292,554
Amenities
pool
food mart
kitchenette
Building Details
Year Built
1954
Listing Agency:
Cushman & Wakefield - Miami, Florida
Listed By:
Virgilio Fernandez · License #SL3397219
(305) 613-4507
Source:
Crexi
Added: May 28
Changed: Oct 7
Last Checked: Oct 16 at 7:47AM
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
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
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
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
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
