Listed by Compass Commercial
$3,800,000
4412 N Ocean Dr
Details
APN 494318011030 & 494318011040
Property Type Retail
Sub Type Commercial
Units 25
Lot Size (SqFt) 11,498
Zoning RM-25 - Residence, Apartments, Hotels, Etc
Retail
Marketing description
Trophy Location
The property is located in the highly sought after community one block from the iconic Lauderdale By The Sea Anglin’s Square just steps from the Beach Pier. The area is filled with retail, educational, marine, and tourist industries.
Ideal Zoning
Flexible and aggressive zoning allows for construction of a variety of projects, from high end market rate hospitality, to luxury condos or townhomes, encompassing up to 25 du/acre, allowing for the development of up to 30+ feet, with great lot coverage.
Nestled along South Florida’s desirable Gold Coast, Lauderdale-by-the Sea is one of the region’s most charming and sought-after coastal communities, known for its walkable village atmosphere, pristine beaches, and vibrant dining and entertainment scene. Located just minutes from Fort Lauderdale and the Las Olas district, the town offers a rare combination of small-town beachfront character and access to the amenities of a major metropolitan area.
With approximately 2.5 miles of beachfront, a unique near-shore coral reef system, and a lively downtown centered around Anglin’s Square, Lauderdale-by-the-Sea attracts year-round visitors, seasonal residents, and luxury homebuyers seeking a relaxed coastal lifestyle. Its low-rise planning philosophy, limited developable land, and strong tourism economy continue to support rising real estate values, making it an exceptional location for new luxury development.
Investment highlights
- 30+ Feet
- 25 Units Per Acre ± 11,498 Sf (0.26 Ac) Development Site
- Multifamily, Condominiums, Townhomes, Hospitality
- Steps From Intercoastal, Beach, Various Amenities
- Occupancy Status: Vacant at Close
- Land Ac: ± 11,498 Sf (± 0.26 Acres)
- Current Net Income (Avg. $20k Per Month)
- Vacation Rentals - Vacant in Beautiful Rentable Condition
- Parking Lot - Lease Exp Q3 2027 @ $14k NNN
Listing Contacts
Listed by Compass Commercial
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