4529 N Ocean Drive, Lauderdale By The Sea FL 33308

Closed

$1,990,000

10.56%

Est. Payment $10,592/mo

MLS Sheet Video

1964

Year Built

1

Stories

145

Days on Market

Description

REDUCED - The property consists of 12 rms, one is an office. Motel has a transient motel/hotel license but is currently being operated as month to month rentals. Been family operated for 16 years. This is a value-add property, the new owner could return to vacation rentals & significantly improve cash flow. All units individually metered for electrical & fully furnished. Double lot, 12,502 SF w 100 linear ft of frontage on N Ocean Dr (A-1-A), separate property ID #'s, allowing for future development. 10 parking stalls. A courtyard entry with pool at the front of the property. Some rooms have been upgraded. 8 of the 12 rms have kitchens or kitchenettes, perfect for extended stays. Located one block from the beach, an easy walk to the famous Lauderdale by the Sea Pier, restaurants & shops.

Facts

MLS#
F10250883
Subdivision
Property Type
Commercial Sale
Property Sub Type
Hotel/Motel
Year Built
1964
Lot Size
12,502 ft²
Sq. Ft.
Sq. Mt.
Price per sq. ft.
Price per sq. mt.
Stories
1
Garage
Pool
Days on Market
145 days
Listed
Sep 23, 2020
Last Updated
Jun 9, 2026
Price/Lot Sq.Ft.
$159/ft²

Comparable homes

Same ZIP, similar price + bedrooms.

Market insights for Lauderdale By The Sea

Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.

Sellers market

June 2026

100/100
Buyers marketSellers market

34

Median days to sold

+4.5%

1-year price forecast (est.)

Price & tax history

From the live MIAMI MLS feed. Older history requires the ListingHistory resource (not yet enabled).

6/9/2026Sold$1,990,000
1/16/2021Price change$1,990,000-10.6%
9/23/2020Listed for sale$2,225,000

History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).

Location

4529 N Ocean Drive, Lauderdale By The Sea FL 33308Directions

GreatSchools Summary Ratings

Public + private K-12 schools within 5 miles of this listing.

GreatSchoolsData provided by GreatSchools.org © 2026. All rights reserved.

Estimated Monthly Payment

$12,400/mo

Principal & Interest

$10,592

Property Tax

$1,658

Insurance

$150

HOA

$0

20% ($398,000)
7.00%
30 years
1.00% (FL avg ~1.0%)
$0/mo
$150/mo

Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.

Rangely Adames

Rangely Adames

Sales Associate | Sunland Group

Hablo Español

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