$4,400,000
4117 N Ocean Boulevard
Fort Lauderdale, FL 33308
Explore the area: Fort Lauderdale homes for sale · Broward County real estate
Price Check
How this price compares
- List price
- $4,400,000
- Price per sq ft
- N/A
- Original price
- Unchanged
- Days on market
- 51
This commercial property in ZIP 33308 is listed at $4,400,000. It has been on the market for 51 days.
Estimated monthly payment
$23,124 /mo
Principal and interest only, based on $880,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance are not included.
Customize this estimateListing Snapshot
- Price
- $4,400,000
- Days on Site
- 51 Days
- Bedrooms
- 0
- Total Baths
- 0
- Total Sq Ft
- 5,959 sqft
- Lot Size
- 0.3 Acres
- Year Built
- 1967
- Property Type
- Commercial
- MLS #
- A12064893
- Property Tax
- $47,151
- County
- Broward
- Status
- Active
About This Property
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.
Virtual TourGeneral Features
- Property Type
- Commercial
- Status
- Active
- Year Built
- 1967
- Lot Size (Acres)
- 0.3
- Total Sq Ft
- 5,959
- Structure Type
- Hotel Motel
- Zoning
- RMH-25
Community & HOA
- MLS Area
- 3150
About the Area
Browse Fort Lauderdale homes for sale across every neighborhood and price point in Broward. Available homes span single-family, townhome, and condo segments throughout the city. Fort Lauderdale includes gated golf communities, 55+ active adult neighborhoods, waterfront estates, and newer master-planned subdivisions. HOA fees vary by community type, from modest maintenance fees in non-gated subdivisions to higher dues in full-amenity country clubs. The city sits within Broward, offering access to South Florida beaches, major employment centers, and healthcare hubs. For current Broward market data, see Florida Realtors' monthly statistics. Browse the latest Fort Lauderdale listings below. Then connect with a Pure Equity agent to schedule a private showing.
- Homes for Sale
- 2,797
- Median List Price
- $693,941
- Median $/Sq Ft
- $467
- Avg Days on Market
- 145
Frequently Asked Questions
- How do I schedule a tour of 4117 N Ocean Boulevard, Fort Lauderdale, FL 33308?
- Use the Tour button on this listing to request a showing of 4117 N Ocean Boulevard, Fort Lauderdale, FL 33308. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.
- Is 4117 N Ocean Boulevard, Fort Lauderdale, FL 33308 still available?
- 4117 N Ocean Boulevard, Fort Lauderdale, FL 33308 is currently listed as Active, and has been on the market 51 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
- How much is the monthly payment for 4117 N Ocean Boulevard, Fort Lauderdale, FL 33308?
- With 20% down ($880,000) on the $4,400,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 4117 N Ocean Boulevard, Fort Lauderdale, FL 33308 is about $23,124/mo, before property taxes, insurance. Use the payment estimate on this page to adjust the down payment and rate.
- How do I get pre-approved to buy 4117 N Ocean Boulevard, Fort Lauderdale, FL 33308?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 4117 N Ocean Boulevard, Fort Lauderdale, FL 33308. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
- Can I negotiate the price of 4117 N Ocean Boulevard, Fort Lauderdale, FL 33308?
- Often, yes. The right offer on 4117 N Ocean Boulevard, Fort Lauderdale, FL 33308 depends on how it's priced against comparable commercial sales in Fort Lauderdale, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.
Listing courtesy of Trustpoint Realty, LLC.
Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated August 7, 2026.
$4,400,000
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Listed by Joseph Ricardo Suarez, Trustpoint Realty, LLC.
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Recent Sales
Recently sold homes in ZIP 33308
These are the last 6 recorded closings in ZIP 33308, with the price each home actually sold for rather than what it was listed at. They closed at a median of $361 per square foot. The most recent closed on October 9, 2026. Closed sales are what an appraiser and a buyer's agent will look at, so they are the starting point for pricing a home here.
Sold$130,000
Sold · October 9, 2026
2171 NE 66th Street 812
2 bed · 1 bath · 875 sqft · $149/sqft
$19,900 under the asking price
Sold$800,000
Sold · October 9, 2026
2137 NE 61st Court
3 bed · 2 bath · 1,500 sqft · $533/sqft
$5,000 under the asking price
Sold$349,900
Sold · October 9, 2026
3550 Galt Ocean Drive 403
1 bed · 1.5 bath · 970 sqft · $361/sqft
Sold$160,000
Sold · October 9, 2026
6000 NE 22nd Way 7G
1 bed · 1 bath · 768 sqft · $208/sqft
$14,900 under the asking price
Sold$360,000
Sold · October 8, 2026
3051 NE 48th Street 702
2 bed · 2 bath · 1,450 sqft · $248/sqft
$35,000 under the asking price
Sold$2,015,000
Sold · October 7, 2026
3200 NE 59th Street
3 bed · 3 bath · 2,163 sqft · $932/sqft
$15,023 over the asking price
See every recorded sale in ZIP 33308 or find out what your ZIP 33308 home is worth.
