4117 N Ocean Blvd Fort Lauderdale, FL 33308
Property profile & analytics
4117 N Ocean Blvd Fort Lauderdale, FL 33308
- Motels
- 5,959 SF
- 0.30 lot acres
Property ID
US18-0092567
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Cascades Motel / Hotel & Motel
- Sky Islands Beach Hotel, Weekly Rates, Vape Smoke, Beer, Wine, Hookah by the pool / Hotel & Motel
Property Details for 4117 N Ocean Blvd
- Year built
- 1967
- Construction
- CONCRETE
- Lot size
- 0.30 lot acres
- Property size
- 5,959 SF
- Zone code
- RMH-25
- Property type
- Motels
- APN
- 49-43-19-03-0470
- APU
- 494319030470
Description
This exceptional investment opportunity presents a 16-key hotel situated on a 0.30-acre lot directly on Fort Lauderdale's N. Ocean Blvd (A1A) in Broward County, Florida. The two-story, 1967-built property boasts 8 rooms and 8 efficiencies, totaling 5,959 square feet. Amenities include an outdoor pool, picnic and barbecue area, a retail beer, wine, and tobacco store, an ATM, and 15 parking spaces. A commercial kitchen and 24-hour front desk enhance operational efficiency. The hotel benefits from a prime location, approximately 500 feet from Fort Lauderdale Beach, and close proximity to major attractions, including Downtown Fort Lauderdale and Fort Lauderdale-Hollywood International Airport. The property is zoned RMH-25 Residential High Rise Multifamily/Medium High Density District, presenting significant redevelopment potential. Currently operating as a stabilized investment with a 9.00% cap rate and an asking price of $4,750,000 ($296,875 per key and $797.11 per square foot), this offering presents a compelling return on investment. The land value alone is estimated at $397 per square foot. Active beer, wine, and tobacco licenses, along with an on-site coin laundromat, contribute to existing revenue streams. This is a rare opportunity to acquire a beachfront property in a high-demand area with low inventory of large units. The property's APN is 4943-19-03-0470.
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $965,000
- 6.5%
- $890,000
- 7%
- $825,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $960,000
Market price range: $363k - $2.17M
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Fort Lauderdale
- County
- Broward
- State
- Florida
- Longitude
- -80.0986
- Latitude
- 26.1797
- CBSA code
- 33100
- CBSA name
- MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$39,381
$394,160
$1,926,420
$2,320,580
-
$394,160
$1,926,420
$2,320,580
