4117 Ocean Blvd Fort Lauderdale, FL 33308

This exceptional investment opportunity presents a 16-key hotel situated on a 0.30-acre lot directly on Fort Lauderdale's N. Ocean Blvd (A1A) in Broward County, Florida. The two-story, 1967-built property boasts 8 rooms and 8 efficiencies, totaling 5,959 square feet. Amenities include an outdoor pool, picnic and barbecue area, a retail beer, wine, and tobacco store, an ATM, and 15 parking spaces. A commercial kitchen and 24-hour front desk enhance operational efficiency. The hotel benefits from a prime location, approximately 500 feet from Fort Lauderdale Beach, and close proximity to major attractions, including Downtown Fort Lauderdale and Fort Lauderdale-Hollywood International Airport. The property is zoned RMH-25 Residential High Rise Multifamily/Medium High Density District, presenting significant redevelopment potential. Currently operating as a stabilized investment with a 9.00% cap rate and an asking price of $4,750,000 ($296,875 per key and $797.11 per square foot), this offering presents a compelling return on investment. The land value alone is estimated at $397 per square foot. Active beer, wine, and tobacco licenses, along with an on-site coin laundromat, contribute to existing revenue streams. This is a rare opportunity to acquire a beachfront property in a high-demand area with low inventory of large units. The property's APN is 4943-19-03-0470.