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Key Details
Sold Price $8,650,000
Property Type Multi-Family
Sub Type Fourplex
Listing Status Sold
Purchase Type For Sale
Square Footage 12,500 sqft
Price per Sqft $692
Subdivision Nurmi Isles Island 4 24-4
MLS Listing ID F10433701
Sold Date 09/03/24
Style Fourplex
Construction Status Resale
HOA Y/N No
Total Fin. Sqft 21600
Year Built 1964
Annual Tax Amount $66,000
Tax Year 2023
Property Description
Investors, developers, and multi-family owners, seize a prime opportunity in Ft. Lauderdale, Florida! This 180-foot waterfront gem with ocean access promises lucrative returns. Craft 12 opulent waterfront condos for an elite clientele, or tap into the upscale rental market with 15 unique units and 10 desirable boat slips available for rent. With Ft. Lauderdale Beach and Las Olas Boulevard nearby, tenants crave this location and its amenities. Alternatively, it can be transformed into an exclusive Airbnb hotspot, leveraging its current boutique hotel operation. Don't miss this chance to make your mark in Ft. Lauderdale's coveted locale. The listing agent must be present for all showings.
Location
State FL
County Broward County
Community Villa Venezia
Area Ft Ldale Se (3280;3600;3800)
Zoning RMM-25
Interior
Heating Electric Heat
Cooling Central Cooling
Flooring Ceramic Floor, Laminate
Exterior
Exterior Feature Balconies, Barbecue, Built-In Grill, High Impact Doors, Laundry Facility, Outdoor Shower, Patio
Pool Below Ground Pool
Waterfront Yes
Waterfront Description Canal Front,Canal Width 121 Feet Or More,No Fixed Bridges,Ocean Access
Water Access Y
Water Access Desc Deeded Dock,Dock Available,Private Dock
Roof Type Other Roof
Private Pool No
Building
Lot Description 1/2 To Less Than 3/4 Acre Lot
Story 2.0000
Foundation Cbs Construction
Sewer Municipal Sewer
Water Municipal Water
Construction Status Resale
Others
Pets Allowed No
Acceptable Financing Cash, Conventional, Exchange
Listing Terms Cash, Conventional, Exchange
Special Listing Condition As Is, Survey Available, Wheelchair Designed
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Bought with Keller Williams Realty Miami Portfolio Collection
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John Maybin
Agent Team Leader | License ID: 3486929 Active
Agent Team Leader License ID: 3486929 Active