$8,650,000
Fort Lauderdale, FL 33301
MLS# FX-10433701
Status: Closed
12500 sqft
1 / 47
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.
Details
Contract Information
List Price/SqFt: 704
Listing Date: 2024-04-15
Status: Closed
Original List Price: 8800000
Sold Price: $8,650,000
Current Price: $8,650,000
General Property Description
Total # of Units: 15
Property Condition: Resale
Lot Dimensions: 21600
Number of Stories: 2
SqFt - Total: 15800
Waterfront: Yes
Waterfrontage: 180
Development Name: Villa Venezia
Homeowners Assoc: None
HOA/POA/COA (Monthly): 0
Directions: From US-1, go East on Las Olas Blvd., go to Isle of Venice, and turn left at 132 Isle of Venice.
Private Pool: Yes
Spa: No
Separate Elec Meters: Yes
Separate Wtr Meters: Yes
Type: Quad Plex
Year Built: 1964
SqFt - Living: 12500
Subdivision: Nurmi Isles Island 4 24-4
Location, Tax & Legal
Geo Area: FTSE
Country: United States
State/Province: FL
HOPA: No Hopa
Short Sale: No
Tax Year: 2023
Zoning: RMM-25
Taxes: 66000
REO: No
Area: 3280
County: Broward
Parcel ID: 504201120450
Street #: 132
Street Name: Isle Of Venice
Street Suffix: Drive
Zip Code: 33301
Legal Desc: NURMI ISLES ISLAND NO 4 24-43 B LOT 37
Geo Lat: 26.125434
Geo Lon: -80.120335
Office/Member Info
DXORIGMLNO: F10433701
DXORIGMLSID: FLL
Status Change Info
Terms of Sale: Conventional
Sold Price/SqFt: 692
Under Contract Date: 2024-06-30
Sold Date: 2024-09-03
Sold Price: $8,650,000
Unit 1 Info
Bedrooms: 1
Full Bath: 1
Monthly Income: 2800
Unit 2 Info
Bedrooms: 2
Full Bath: 2
Monthly Income: 3900
Avail Info
Accounting: 1
Appraisal: 1
Construction
CBS: 1
Waterfront Details
Interior Canal: 1
No Fixed Bridges: 1
Ocean Access: 1
Canal Width 121+: 1
Lot Description
1/2 to < 1 Acre: 1
Special Info
Sold As-Is: 1
Survey: 1
Private Pool Description
Inground: 1
Cooling
Central: 1
Heating
Electric: 1
Exterior Features
Auto Sprinkler: 1
Built-in Grill: 1
Outdoor Shower: 1
Flooring
Ceramic Tile: 1
Laminate: 1
Utilities
Cable: 1
Public Sewer: 1
Public Water: 1
Roof
Other: 1
Boat Services
Private Dock: 1
Maintenance Fee Incl
None: 1
Terms Considered
Cash: 1
Conventional: 1
Exchange: 1
Possession
Funding: 1
Contingencies
None: 1
Property Features
Construction: CBS
Waterfront Details: Interior Canal; No Fixed Bridges; Ocean Access; Canal Width 121+
Private Pool Description: Inground
Lot Description: 1/2 to < 1 Acre
Exterior Features: Auto Sprinkler; Built-in Grill; Outdoor Shower
Maintenance Fee Incl: None
Flooring: Ceramic Tile; Laminate
Cooling: Central
Heating: Electric
Roof: Other
Boat Services: Private Dock
Terms Considered: Cash; Conventional; Exchange
Utilities: Cable; Public Sewer; Public Water
Special Info: Sold As-Is; Survey
Avail Info: Accounting; Appraisal
Possession: Funding
Contingencies: None
Listing Office: Compass Florida, LLC
Last Updated: September - 06 - 2024
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.
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