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2900 N OCEAN BLVD, FORT LAUDERDALE, FL, 33308

2900 North Ocean Boulevard
$1,150,000

Key Information

Tot. SF
2,305
$ per unit
$287,500
Units
4
Year Built
1951
Type
Apartments

Highlights

  • Unit Mix: 4 Units | All One-Bedroom / One-Bathroom
  • Occupancy: 100% Occupied, all tenants on month-to-month agreements
  • Brand New Roof: 2025
  • Income Profile: Market Rent Potential Up to $158,400
  • Unit Sizes: Average Unit Size of ±576 SF | Total Gross Building Area of ±2,305 SF
  • Rental Strategy Flexibility: Potential for Significant Revenue Upside via Airbnb or Short-Term Rentals
  • Rental Market Positioning: Surrounded by Comparable Rentals Achieving $1,700–$2,000 per Unit per Month
  • Premier Coastal Location: Situated steps from Fort Lauderdale Beach within the highly desirable 33308 zip code, offering strong tenant demand driven by proximity to the Atlantic Ocean.
  • Proximity to Las Olas Boulevard: Easy access to one of South Florida’s top dining, shopping, and entertainment corridors, enhancing tenant lifestyle appeal and long-term rental demand.
  • Transit Connectivity: Benefitting from regional accessibility via Brightline high-speed rail, connecting Fort Lauderdale to Miami and West Palm Beach in under an hour.
  • Affluent Demographics: Located in an established neighborhood characterized by strong household incomes, high property values, and stable long-term rental fundamentals.

Photos

Location

Agents

Broker of Record

Kyle Matthews

License # CQ1066435 (FL)
Matthews Real Estate Investment Services, Inc
1600 West End, Ste. 1500 Nashville, TN 37203