4117 N Ocean Blvd - Hospitality FOR SALE


Fort Lauderdale, FL 33308- Bermuda Riviera
$4,900,000 USD
561-305-6161
4117 N Ocean Blvd, Fort Lauderdale, FL for Sale
$4,900,000 USD
Hospitality - FOR SALE
1/43
null | 7.35% Cap Rate

4117 N Ocean Blvd
Fort Lauderdale, FL 33308
Bermuda Riviera


HIGHLIGHTS

  • Location: Exceptional frontage along A1A, within walking distance to the beach, shops, restaurants, and nightlife
  • Cash flow from hotel, beer, wine and tobacco licenses.
  • Zoning: Flexible zoning allowing for potential redevelopment or repositioning
  • Investment Upside: Ideal for continued hospitality operations, short-term rentals, or future redevelopment into luxury condos or mixed-use
  • Surrounding Growth: Situated in a high-demand area undergoing continuous transformation with increasing tourist traffic and upscale developments nearb

OVERVIEW

KW Commercial is pleased to present the opportunity to acquire this 2-story, 16-room exterior corridor hotel consisting of 8 hotel rooms & 8 efficiencies with a kitchenette and bathroom. The property also features a wine and beer license, commercial kitchen and retail store. Built in 1967 and spanning 0.30 acres with direct frontage on Ocean Drive, this boutique hotel is a rare gem just steps from Fort Lauderdale Beach. Featuring an outdoor pool, picnic & BBQ area, retail beer/wine/tobacco shop, ATM, and 24-hour front desk, it’s fully equipped for guest convenience. Located in the heart of one of Florida’s most visited coastal markets, the property is surrounded by top demand drivers including Las Olas, Downtown Fort Lauderdale, Lauderdale by the Sea, and the FLL International Airport just 10 miles away. Whether you're seeking turnkey cash flow or envisioning a future redevelopment, 4117 N Ocean Blvd offers unmatched location, strong visibility, and exceptional upside.

FOR SALE DETAILS

PRICE

$4,900,000 USD

PRICE/SF

$368 USD /SF

# OF ROOMS

16

PRICE/ROOM

$306,250 {currency}

CAP RATE

7.35%

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Sky Islands Hotel

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1967

PARKING SPACES

15

LAND DETAILS

LAND ACRES

0.3 AC

LAND SF

13,068 SF

ZONING

RMH-25

APN/PARCEL ID

49-43-19-03-0470

ASK ABOUT THIS PROPERTY

Stephen MolinariKW CommercialMore Info
561-305-6161

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Stephen MolinariKW CommercialMore Info
561-305-6161

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.