4221 N Ocean Blvd

Fort Lauderdale, FL, 33308

$15,000,000

$586 per ft²
$15,000,000
$586 per ft²
Active
Active
 - For Sale
carpenters-square
25,568 ft²
property_type
Commercial
calendar
Built 1970
A unique opportunity for investors to acquire an income-producing 69-room property along Broward County’s immaculate beach with a value add opportunity. The hotel’s only 700’ from the sand. The hotel is offered fee-simple and unencumbered by both brand and operator. The property is composed of 24 full suites with full-size refrigerators and stovetop ovens, 43 standard rooms including king size and doubles, and 2 previously standard rooms that are now operating as a kitchen and restaurant. Every room on the property included Kitchenettes. Additionally, the hotel features a poolside tiki bar with full liquor and tobacco license, a casual-dining restaurant with a Mediterranean focus, a heated pool, free wifi, electronic door locks, bicycle rentals, 57 parking spots, and vending machines
MLS® ID:
A11241200
Listed:
6/1/22
Updated:
9/25/22
Green Realty Properties
Patty Da Silva

Exterior/Building Features

Lot Size
0.89 acres lot
Architectural Style
Hotel/Motel, Hotel
Lot Details
Beach Access, City Location

Other Property Details

Taxes
$101222
Tax Frequency
per YEAR
Garage
No
Parking
N
Parking Total
57.0
View
N
County
Broward County
Pool
No
Total Stories
2
Zoning
RMH-25

Courtesy of Jesse Goldstein, APEX Capital Realty LLC,

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Data last updated 2:01 AM UTC, 9/25/22.

Green Realty Properties
Patty Da Silva
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