Ocean Manor
Multifamily | 10.13% CAP | 4 Units
Marketing description
Located at 4040 Galt Ocean Drive, Ocean Manor is a stabilized, income-producing beachfront hotel and condominium building directly on the sand, offering immediate cash flow with significant upside through light value-add upgrades. Steps from the sand, the property delivers resort-style living, strong tenant demand, and year-round occupancy in one of South Florida’s most supply-constrained coastal corridors.
What makes Ocean Manor exceptionally valuable is its rare short-term rental zoning, one of the very few oceanfront buildings between Fort Lauderdale and Miami that legally permits short-term vacation rentals. This unique feature allows for strong year-round occupancy and high rental returns, making it an attractive asset for investors seeking a combination of lifestyle and income potential. Our portfolio includes four (4) rental units within Ocean Manor, each fully equipped and professionally managed to maximize performance and guest satisfaction. Together, they represent a turn-key opportunity in one of South Florida's most desirable beachfront markets.
The sale of each hotel unit includes ownership of the existing booking website www.sealifeflorida.com. This provides a fully established direct-booking channel, allowing owners to receive reservations without relying solely on third-party platforms. By driving guests to book directly, owners can avoid booking fees of up to 20% typically charged by online travel agencies, resulting in higher net revenue and greater control over occupancy and pricing
Investment highlights
Each unit holds its own current and valid Occupational License with the City of Fort Lauderdale, ensuring full compliance for short-term rental operations.
The portfolio is fully licensed at the state and county level, including an active State Vacation Rental License, Sales Tax account, and Tourist Development Tax account.
The sale includes non-binding service agreements for cleaning, maintenance, and guest support. Optional rental management services are available for a seamless handover of operations.
All units are delivered fully furnished and equipped, with complete replacement-furniture sourcing catalogs included. Each unit also meets safety requirements, including fire extinguishers and emergency call systems.
This 4-unit portfolio has a proven operating history in the market, launched in 2017 (OM911) and expanded to its newest addition in 2025 (OM309).
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