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4229 N Ocean Drive

Lauderdale By the Sea, FL 33308
  • $4,999,000
  • STATUS: Active Under Contract
  • ON SITE: 257 Days
  • MLS #: RX-10700603
Under Contract
UPDATED: 57 min ago
$4,999,000
  • 0
    BEDS
  • 0.47
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 9,333
    SQFT
  • $536
    $/SQFT
Type:
Commercial
Built:
1964
County:

School Ratings & Info

Description

turn-key opportunity, great potential, and excellent location!The motel is located at the heart of Downtown Lauderdale by the Sea, your guests are just a short walk to beautiful Atlantic Ocean, Anglin's Fishing Pier, all the first-class amenities Lauderdale by the Sea has to offer, 10 minutes' drive to Downtown Fort Lauderdale,15 Minutes to Fort Lauderdale International Airport and has excellent visibility with 198 feet of N Ocean Drive frontage, making this motel the perfect accommodation for both local Floridians and International guests. The property featuring 2 stories, concrete block construction and comprises of 13 hotel rooms,12 studios all well decorated and equipped with kitchenettes and flat screen TVs, the property also consist of 23 ample parking, heated pool, green spaces,

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www.castellihomes.com/homes/115212882
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4229 N Ocean Drive Lauderdale By the Sea, FL 33308

  • Price: $4,999,000
  • Status: Active Under Contract
  • On Site: 257 Days
  • Updated: 57 min ago
  • MLS #: RX-10700603
0
Beds
0
Baths
0
½ Baths
0.47
Acres
9,333
SQFT
$536
$/SQFT
1964
Built
County:
Broward
Area:
Lauderdale By the Sea
Property Description
turn-key opportunity, great potential, and excellent location!The motel is located at the heart of Downtown Lauderdale by the Sea, your guests are just a short walk to beautiful Atlantic Ocean, Anglin's Fishing Pier, all the first-class amenities Lauderdale by the Sea has to offer, 10 minutes' drive to Downtown Fort Lauderdale,15 Minutes to Fort Lauderdale International Airport and has excellent visibility with 198 feet of N Ocean Drive frontage, making this motel the perfect accommodation for both local Floridians and International guests. The property featuring 2 stories, concrete block construction and comprises of 13 hotel rooms,12 studios all well decorated and equipped with kitchenettes and flat screen TVs, the property also consist of 23 ample parking, heated pool, green spaces,
Exterior Features

Construction CbsStucco Roof OtherTar/Gravel Waterfront YN No

Interior Features

Bath Toilets 25.00 Ceiling Sheet Rock Cooling Wall-Win A/C Flooring Tile Heating Window/Wall Miscellaneous1 FencedLandscapedLaundry Miscellaneous2 PoolRear AccessTraffic Medium Offices 1 Percent Air Conditioned 9333.00 Unit1 Furnished Unit1 Unit Desc Hotel Unit2 Furnished Unit2 Unit Desc Efficiency Unit3 Unit Desc 1 Bedroom

Property Features

Auction No Available Docs None Available Info Books & RecordsPhotos Built Desc Resale Contingent Active Under Contract Contingents Inspection Fire Protection Smoke Detector For Lease No For Sale Yes Lease None List Office Board Code Realtor Association Of The Palm Beaches (Rapb) Location City Meters 13.00 Monetary Info Ttl Assume Loans 0.00 Possession Funding Sale Includes Building And LandFixturesFurnitureInventoryLicenseSignsTrade Name Security FenceSecurity Light Tax Amount Real Estate Taxes 61151.00 Tax Year 2020 Tenant Pays None Terms Considered CashConventionalOwner Type Of Building Hotel / Motel Unit1 Units 13 Unit2 Units 10 Unit3 Units 2 Use Hotel/ Motel Utilities 110220Gas BottlePublic SewerPublic Water Zoning Rm-25

Listing provided courtesy of United Realty Group, Inc. Listing information © 2021 BeachesMLS
 
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Castelli Real Estate Services
2227 Wilton Drive
Fort Lauderdale FL, 33305