4620 OceanLauderdale By The Sea, FL 33308

  • Hospitality properties
  • 5,491 SF
Off market
$2,415,040 Estimated

Property Details for 4620 Ocean

Year built
1957
Construction
CONCRETE
Lot size
0.25 AC
Property size (Sq ft)
5,491 SF
Zone code
RM-25
Property type
Hospitality properties
Property subtype
Motels
APN
49-43-18-01-0660
APU
494318010660

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,854,240
    6.5%
    $1,711,606
    7%
    $1,589,348
  • Comparable approach

    Method
    Valuation
    Relative Method
    $3,812,055
    Geo Method
    $3,812,055
  • Alternative Use

    Use
    Valuation
    Residential
    $1,868,576
    Hospitality
    $1,711,606
    Educational
    $1,424,036
    Medical
    $1,473,011
    Retail
    $2,215,167
4620 Ocean, Lauderdale By The Sea, Florida

Location Insight

City
Lauderdale By The Sea
County
Broward
State
Florida
Latitude
26.1956
Longitude
-80.0958
CBSA code
33100
CBSA name
MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$41,060
$330,770
$2,084,270
$2,415,040
-
$330,770
$2,084,270
$2,415,040

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