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132 Isle Of Venice Drive, Fort Lauderdale, FL 33301

$8,650,000

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https://www.propertypanorama.com/132-Isle-Of-Venice-Dr-Fort-Lauderdale-FL-33301/unbranded

Property Type: Residential Income Square Footage: 15,800 Status: Closed

Current Price: $8,650,000 List Date: 4/15/2024 Last Modified: 1/24/2026

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.

More Information MLS# F10433701

Contract Information

Comp Sale YN: No Listing Contract Date: 2024-04-15 Status: Closed Original List Price: 8800000 Sold Price: $8,650,000 Current Price: $8,650,000

Location and Legal

County Or Parish: Broward County Parish Name: Broward City Name: Fort Lauderdale Postal Zip: 33301 Development Name: Villa Venezia Geographic Area: FTSE - Ft Lauderdale SE (3280;3600;3800) Country: United States Street Number: 132 Street Name: Isle Of Venice Street Suffix: Drive State Or Province: FL Postal Code: 33301 Postal Code +4: 4050 Subdivision Name: Nurmi Isles Island 4 24-4 Area: 3280 Parcel Number: 504201120450 Zoning: RMM-25 Directions: From US-1, go East on Las Olas Blvd., go to Isle of Venice, and turn left at 132 Isle of Venice.

Currently Not Used

Number Of Units Total: 2

General Property Information

Living Area Main: 12500 Lot Size Dimensions: 21600 Gated Community YN: No Water Frontage Feet: 180 Outdoor Living Spaces YN: Yes Stories Total: 2 Pool Private YN: Yes Spa YN: No Property Sub Type: Quadruplex Building Area Main: 15800 Year Built: 1964 Waterfront YN: 1

Office/Member Information

DXORIGMLSID: FLL

Status Change Information

Buyer Financing: Conventional Major Change Timestamp: 2024-09-04T02:35:43Z Major Change Type: Status Change Status Change Date: 2024-09-06 Under Contract Date: 2024-06-30 Close Date: 2024-09-03 Close Price: 8650000

Accessibility Features

Customized Wheelchair Accessible: 1

Association Amenities

Laundry: 1

Exterior Features

Barbecue: 1 Built-in Barbecue: 1 Outdoor Shower: 1

Flooring

Ceramic Tile: 1 Laminate: 1

Property Condition

Resale: 1

Special Information

Sold As-Is: 1

Co-Ownership

Property Management YN: No

Documents Available

Accounting Statements: 1 Appraisal: 1 Existing Survey: 1

Possession

Negotiable: 1

Sewer

Public Sewer: 1

Utilities

Cable Available: 1

Heating

Electric: 1 Separate Meters: 1

Sprinkler Description

Auto Sprinkler: 1

Water Access

Ocean Access: 1

Construction Materials

CBS: 1

Listing Terms

1031 Exchange: 1 Cash: 1 Conventional: 1

Pool Features

In Ground: 1

Roof

Other: 1

Water Source

Public: 1

Waterfront Features

Canal Front: 1 No Fixed Bridges: 1

Boat and Dock Information

Dock: Yes

Boat and Dock Features

Deeded Dock: 1 Private Dock: 1

Cooling

Central Air: 1

Showing Requirements

Call Listing Agent: 1

Restrictions

Other Restrictions: 1

Storm Protection Details

High Impact Door: 1

Tax Information

Tax Reflects No Exemptions: 1

Canal Width

Canal Width 121 Feet or More: 1

Outdoor Living Spaces

Balcony: 1 Patio: 1 Porch: 1

Contingencies

None: 1

Concessions

Seller Concessions: No

Unit 1 Details

Actual Rent: 2800 Baths Full: 1 Beds Total: 1 Efficiency YN: No Furnished: Furnished Hotel Room YN: No

Unit 1 Lease Description

Lease Term: Month To Month

Unit 1 Parking Features

Other: 1

Unit 2 Details

Actual Rent: 3900 Baths Full: 2 Beds Total: 2 Efficiency YN: No Furnished: Furnished Hotel Room YN: No

Unit 2 Lease Description

Lease Term: Month To Month

Unit 2 Parking Features

Other: 1

Price Calculations

Current Price To SqFt: 692 Original List Price To Close Price: 0.98

Section Details

Parcel Number MLX: 0430

Acreage Description

1/2 To Less Than 1 Acre Lot: 1

Financial Information

Tax Annual Amount: 66000 Tax Year: 2023 Tax Legal Description: NURMI ISLES ISLAND NO 4 24-43 B LOT 37

Originating Details

Originating System Key: 580749670 Originating System ID: M00000170

Property Features

Accessibility Features: Customized Wheelchair Accessible Association Amenities: Laundry Documents Available: Accounting Statements; Appraisal; Existing Survey Exterior Features: Barbecue; Built-in Barbecue; Outdoor Shower Flooring: Ceramic Tile; Laminate Property Condition: Resale Boat and Dock Features: Deeded Dock; Private Dock Construction Materials: CBS Cooling: Central Air Heating: Electric; Separate Meters Listing Terms: 1031 Exchange; Cash; Conventional Pool Features: In Ground Possession: Negotiable Restrictions: Other Restrictions Roof: Other Sewer: Public Sewer Special Information: Sold As-Is Sprinkler Description: Auto Sprinkler Storm Protection Details: High Impact Door Tax Information: Tax Reflects No Exemptions Utilities: Cable Available Water Access: Ocean Access Water Source: Public Waterfront Features: Canal Front; No Fixed Bridges Canal Width: Canal Width 121 Feet or More Showing Requirements: Call Listing Agent Outdoor Living Spaces: Balcony; Patio; Porch Unit 1 Parking Features: Other Unit 2 Parking Features: Other Contingencies: None Acreage Description: 1/2 To Less Than 1 Acre Lot

Listing Office: Compass Florida, LLC

Last Updated: January - 24 - 2026

132 Isle Of Venice Drive, Fort Lauderdale, FL 33301- MLS# F10433701

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