2904 N Ocean Blvd - Mare Fort Lauderdale 4 Unit Apartment Building Offered at $2,399,999 at a 6.14% Cap Rate Fort Lauderdale, FL 33308

Mare Fort Lauderdale, Newly Renovated 4-Unit Boutique Hospitality/Airbnb Investment — Fort Lauderdale Beach

Introducing a fully renovated four-unit boutique hospitality investment ideally positioned near Fort Lauderdale's beach corridor. Completed in 2026, this turnkey property has been reimagined top to bottom with a designer's eye for mid-century character and short-term rental performance, and is being sold fully furnished and equipped for Airbnb operation.

Each unit features new kitchens and new bathrooms with custom tile and glass block work, custom cabinetry built onsite, and quartz countertops. Original terrazzo flooring has been restored throughout, complemented by vintage light fixtures and custom breeze block accents that highlight the property's mid-century architectural roots. Units are furnished with hand-picked, high-end furnishings and original art. All units include dishwashers. Capital improvements include new impact windows and doors, new Mitsubishi mini-split HVAC systems, all-new plumbing fixtures, and fresh paint inside and out. The grounds have been newly landscaped with tropical bamboo and other exotic plantings, and the property features a new 12-person jacuzzi for guest use.
Units 1 and 2 are approximately 650 SF each; Units 3 and 4 are larger, at approximately 850 SF each. Units 3 and 4 have in-unit washer/dryers, while Units 1 and 2 share a dedicated laundry room on the side of the building; a common laundry area also serves the property. The property offers 5 parking spaces, is individually metered (5 electrical meters total), and has a flat asphalt roof. The City of Fort Lauderdale permits daily/short-term rentals with the appropriate license, and there are no rental restrictions on the property.* Buyer to independently verify all rental regulations with the city.

This is a rare opportunity to acquire a fully renovated, turnkey boutique hospitality asset with strong short-term rental income potential in one of South Florida's premier beach markets.