USAFLFort Lauderdale4117 N Ocean Blvd
Listing image | Image 1

4117 N Ocean Blvd, Fort Lauderdale, FL

House

For Sale

Listed price in listed location currency (USD).
$4,400,000

000

MLS® A12064893

  • Key Facts
  • Description
  • Map

Key Facts

Type Hotel-Motel
Levels Commercial Sale
Size -
Garage 
Taxes $47,151
Days Active 2
Lot Size 0.3 Acres
Approx. Age 1967
MLS® Number A12064893

Property Address: 4117 N Ocean Blvd, Fort Lauderdale, FL, 33308-6015

Average square foot calculated using Size range provided by listing agent.

Description

Located at 4117 N Ocean Dr in Fort Lauderdale, this 16 unit motel is a rare turn-key investment steps from the beach. Built in 1968 on a 0.30 acre lot with direct A1A frontage, the property features 8 traditional hotel rooms and 8 efficiencies, giving operators flexibility for short-term and extended-stay guests.The property is fully equipped to operate day one, with an outdoor pool, picnic and barbecue area, a retail store licensed for beer, wine, and tobacco, an ATM, and 24-hour front desk. It holds motel, tobacco, and alcohol licenses, with 1 water meter and 8 electric meters. Onsite management is in place, units are cooled by wall and window AC, and several are already updated.About 500 feet from Fort Lauderdale Beach, the property offers easy access to Downtown Fort Lauderdale, Las Olas Boulevard, and Fort Lauderdale-Hollywood International Airport.Investment Highlights:Asking Price: $4, 400, 00016 Total Units (8 Rooms + 8 Efficiencies)Annual Gross Income: $450, 000Total Annual Expenses: $104, 000Annual NOI: $346, 000In-Place Cap Rate: 7.86%0.30 Acre Lot with Direct A1A / N Ocean Dr FrontageApproximately 500 Feet from Fort Lauderdale BeachTurn-Key Operation with Motel, Tobacco, and Alcohol LicensesWith strong in-place income, a 7.86% cap rate, and a prime beachside location, this is an attractive opportunity for an investor or operator seeking an established asset with upside.
MLS® NumberA12064893
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1967
Basement
Driveway
Garage Spaces
Heat
A/C

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Aug 4, 2026List Date
$4,400,000List Price
  • Commute

Commute

Starting Address
Destination Address
4117 N Ocean Blvd, Fort Lauderdale, FL

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