4319 N Ocean Dr - Freestanding FOR SALE
Lauderdale-by-the-Sea, FL 33308 |
4319 N Ocean Dr
Lauderdale-by-the-Sea, FL 33308
HIGHLIGHTS
- Walgreens anchored retail center steps from Lauderdale-By-The-Sea beach, bars, restaurants and fishing pier
- Unique opportunity to own 1.23 Acres of prime real estate with in-place income and mid-rise zoning
- RM-25 Zoning allows for 25 dwelling units per acre and 50 hotel rooms per acre
- Potential for mix of uses including retail, office, hotel, apartments, and condos
- Large parcel with surface parking that may have potential to be monetized through valet and/or metered parking (not currently approved)
- Fort Lauderdale is known for its white sandy beaches which see 13 million visitors annually and for being the Yachting Capital of the World
FOR SALE DETAILS
PRICE
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CAP RATE
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% LEASED
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TENANCY
-
BUILDING DETAILS
PROPERTY NAME
Walgreens
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
ADD'L SUBTYPES
Drug Store, Storefront Retail/Office, Storefront Retail/Residential
TOTAL BUILDING SIZE
20137
STORIES
2
YEAR BUILT
1987
SPRINKLERS
-
PARKING SPACES
38
LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
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APN/PARCEL ID
49-43-18-01-1790
