Shore Haven Resort Inn | 4433 N Ocean Dr
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Shore Haven Resort Inn 4433 N Ocean Dr
68 Room Hotel Lauderdale By The Sea, FL 33308 $29,498,280 CAD ($433,798 CAD/Room) 8.20% Cap Rate
Investment Highlights
- 350 feet of frontage on Ocean Drive
- 2 swimming pools
- Landscaped Courtyard and Gardens
- 100 yards to the beach
- 1 Jacuzzi
- 65 Parking Spaces
Executive Summary
Shore Haven Resort Inn presents a rare and exceptional investment opportunity in the heart of Lauderdale-By-The-Sea. Situated on 1.15 acres with 350 feet of prime frontage along Ocean Drive, this 68-unit boutique hotel is located just steps from the beach. The property offers a diverse mix of studio apartments, hotel rooms, and one-bedroom units, making it an ideal candidate for revitalization and value-add strategies. With significant upside potential, minimal capital investment could dramatically improve operations, elevate occupancy rates, and capitalize on the area’s strong ADR and increasing demand for hospitality. Recent upgrades include hurricane impact windows and doors, making the property well-positioned for new ownership to step in and maximize returns. Don’t miss this generational opportunity to acquire a property with substantial upside in a high-barrier-to-entry market.
Highlights of the Opportunity:
- Prime Location: Situated in the heart of Lauderdale-By-The-Sea, just steps away from pristine white sand beaches and vibrant local attractions.
- Expansive Land Area: 1.15 acres of prime land, offering significant development and operational possibilities.
- Ocean Drive Frontage: 350 feet of valuable frontage along Ocean Drive, enhancing both visibility and accessibility.
- Recent Upgrades: The property has undergone recent improvements, including hurricane impact windows, doors, balcony railings and rebar, and many recently renovated rooms.
Drone video: https://youtu.be/uREcTUduenE?si=XgmM_jusJ7bVffP4
Highlights of the Opportunity:
- Prime Location: Situated in the heart of Lauderdale-By-The-Sea, just steps away from pristine white sand beaches and vibrant local attractions.
- Expansive Land Area: 1.15 acres of prime land, offering significant development and operational possibilities.
- Ocean Drive Frontage: 350 feet of valuable frontage along Ocean Drive, enhancing both visibility and accessibility.
- Recent Upgrades: The property has undergone recent improvements, including hurricane impact windows, doors, balcony railings and rebar, and many recently renovated rooms.
Drone video: https://youtu.be/uREcTUduenE?si=XgmM_jusJ7bVffP4
Financial Summary (Pro forma - 2025) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
---|---|---|
Gross Rental Income | $99,999 | $9.99 |
Other Income | $99,999 | $9.99 |
Vacancy Loss | $99,999 | $9.99 |
Effective Gross Income | $99,999 | $9.99 |
Taxes | $99,999 | $9.99 |
Operating Expenses | $99,999 | $9.99 |
Total Expenses | $99,999 | $9.99 |
Net Operating Income | $99,999 | $9.99 |
Financial Summary (Pro forma - 2025) Click Here to Access
Gross Rental Income (CAD) | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Other Income (CAD) | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Vacancy Loss (CAD) | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Effective Gross Income (CAD) | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Taxes (CAD) | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Operating Expenses (CAD) | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Total Expenses (CAD) | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Net Operating Income (CAD) | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Property Facts
Amenities
- Pool
- Shuttle Service
- High Speed Internet Access
- Patio
- Outdoor Pool
- Public Access Wifi
- Smoke-Free
- Hot Tub
- Fully-Equipped Kitchen
Room Mix Information
Description | No. Rooms | Daily Rate | SF |
---|---|---|---|
Suite | 43 | $238.80 CAD | - |
Guest Room | 25 | $196.66 CAD | - |
Walk Score ®
Very Walkable (80)
Bike Score ®
Very Bikeable (76)
PROPERTY TAXES
Parcel Numbers | Total Assessment | $12,389,280 CAD (2024) | |
Land Assessment | $785,056 CAD (2024) | Annual Taxes | -$1 CAD ($0.00 CAD/SF) |
Improvements Assessment | $3,964,623 CAD (2024) | Tax Year | 2025 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$785,056 CAD (2024)
Improvements Assessment
$3,964,623 CAD (2024)
Total Assessment
$12,389,280 CAD (2024)
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2025
zoning
Zoning Code | RM-25 (The RM-25 zoning code in Lauderdale-by-the-Sea is a multifamily residential district that allows a variety of commercial and residential uses) |
RM-25 (The RM-25 zoning code in Lauderdale-by-the-Sea is a multifamily residential district that allows a variety of commercial and residential uses) |
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Shore Haven Resort Inn | 4433 N Ocean Dr
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