Basic Information

  • MLS # F10250883
  • Type Hotel Motel
  • Status Closed
  • Year Built 1964
  • Total Sqft 12,502
  • Date Listed 09/26/2020
  • Days on Market 188
Description

REDUCED - The property consists of 12 rms, one is an office. Motel has a transient motelhotel license but is currently being operated as month to month rentals. Been family operated for 16 years. This is a value-add property, the new owner could return to vacation rentals significantly improve cash flow. All units individually metered for electrical fully furnished. Double lot, 12,502 SF w 100 linear ft of frontage on N Ocean Dr A-1-A, separate property ID s, allowing for future development. 10 parking stalls. A courtyard entry with pool at the front of the property. Some rooms have been upgraded. 8 of the 12 rms have kitchens or kitchenettes, perfect for extended stays. Located one block from the beach, an easy walk to the famous Lauderdale by the Sea Pier, restaurants shops.

Amenities

Exterior Features

  • Waterfront No
  • Parking Spaces 0
  • Pool No
  • Construction Type Block
  • Parking Description Common, Handicap
  • Style Hotel Motel

Interior Features

  • Adjusted Sqft 12,502Sq.Ft
  • Cooling Description Wall Window Units
  • Floor Description Ceramic Tile, Terrazzo
  • Heating Description None
  • Sqft 12,502 Sq.Ft

Property Features

  • Address 4529 N Ocean Dr
  • Aprox. Lot Size 12,502
  • Construction Materials Block
  • Furnished Info no
  • Listing Terms Cash, Conventional, Owner May Carry
  • Subdivision Complex
  • Subdivision Info
  • Tax Amount $15,181
  • Tax Legal desc LAUDERDALE-BY-THE-SEA 6-2 B LOT 26 BLK 24
  • Tax Year 2019
  • Terms Considered Cash, Conventional, Owner May Carry
  • Type of Property Hotel Motel

4529 N Ocean Dr

Lauderdale By The Sea, FL 33308

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