4653 N Ocean Dr, Lauderdale By The Sea FL, 33308

Sold

4653 N Ocean Dr

Lauderdale By The Sea FL, 33308

$4,400,000

$261.33 per sqft

Sold

16,837 sqft

Commercial

Built in 1955

South Florida boutique hotel located in the quaint seaside village of Lauderdale by the Sea -Submarket of Ft Lauderdale / Miami. A unique well maintained property in a one of a kind location. Hollywood International Airport-7 miles. Palm Beach International-40 miles. 8 miles to downtown / Las Olas. One block to one of the most beautiful beaches in S Florida.
Owner or manager 2 bedroom, 2 bath penthouse with private elevator.
Office.
Heated pool & central air.
Lush, tropical grounds.
New roof, impact windows & other recent improvements.
Excellent visibility-200' of N. Ocean Drive frontage
Ground lease-Approximately 79 years remaining. 2020 rent-$17,482. Annual rent is CPI adjusted and cannot increase more than 2% per year.

A10875378

MLSⓇ ID

June 12, 2020

Listed

February 10, 2024

Updated

Map

4653 N Ocean Dr
Lauderdale By The Sea FL, 33308

Interior Features

Total Stories: 2
Floor Description: Tile
Fireplace: No
Cooling: Yes
Cooling Description: Central Individual A/C
Heating: No

Exterior/Building Features

Lot Size: 0.62 Acres
Lot Features: Beach Access, Corner Lot
Roof: Other
Sewer: Public Sanitation

Other Property Details

Taxes: $74,020
Tax Frequency: Annually
Days on Market: 21
Garage: No
Parking Total: 22
View: No
County: Broward County
Water Source: Public
Pool: No
Waterfront: Yes
Zoning: RM-25
Buyer Agency Compensation: 2.5%

Listed by: Coldwell Banker Realty
Listing Contact: 954-675-2501

Based on information from the Miami Association of REALTORS®. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Data last updated 1:39 AM UTC, 2/10/2024.