Seller Financing
Address
4229 N Ocean Drive Lauderdale By The Sea, FL
Price
$ 4,999,000
Property Attributes
  • MLS#RX-10700603
  • TypeBackup
  • CountyBROWARD
  • CityLauderdale By The Sea
  • Area3140
  • Zip33308
  • StyleHotel/ Motel
  • Year Built1964
  • Taxes$ 61151
  • Price$ 4,999,000
  • Bedrooms0
  • Full Bathrooms25
  • Half Bathrooms0
  • Sqr Footage9333
Listing Provided Courtesy Of:
United Realty Group, Inc
Data Source:
Beaches MLS
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,

Price History
3/18/2021 Listed $4,999,000

General Features

Area 3140
Auction No
Built Desc Resale
Construction CBS, Stucco
Contingent Active Under Contract
Cooling Wall-Win A/C
Flooring Tile
For Lease No
Geo Area FBEA
Geo Lat 26.186737
Geo Lon -80.097077
Heating Window/Wall
Legal Description LAUDERDALE BY THE SEA 6-2 B LOT 1, 2, 3, 4 BLK 30
Location City
Misc. Fenced, Landscaped, Laundry
Misc. Pool, Rear Access, Traffic Medium
Possession Funding
Property Type E
Roof Other, Tar/Gravel
Security Fence, Security Light
Status Active Under Contract
Stories 2.0
Tax Year 2020
Tenant Pays None
Terms Considered Cash, Conventional, Owner
Type Hotel-Motel
Type Of Building Hotel / Motel
Use Hotel/ Motel
Utilities 110, 220, Gas Bottle, Public Sewer, Public Water
Virtual Tour https://www.propertypanorama.com/4229-N-Ocean-Drive-Lauderdale-By-The-Sea-FL-33308/unbranded
Waterfront No
Year Built 1964
Zoning RM-25

Interior Features

Ceiling Sheet Rock
Total Number of Units 25
Unit 1 Furnished
Unit 1: Unit Desc Hotel
Unit 2 Furnished
Unit 2: Unit Desc Efficiency
Unit 3: Unit Desc 1 Bedroom

Exterior Features

Sale Includes Building and Land, Fixtures, Furniture, Inventory, License, Signs, Trade Name
Lot Size 0.47
Property Desc Pristine Motel 1 Blk

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Backup Average in 33308

Price
AVG $820K
$5M
Taxes
AVG $11,537
$61,151
Visits
AVG 61
93
Year Built
AVG 1969
1964
Walkscore
AVG 61
65
Data Provided by Walkscore ® not using MLS data

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