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132 Isle Of Venice Drive, Fort Lauderdale, FL 33301

$8,650,000
Property Type: Residential Income Square Footage: 12,500 Status: Closed
Current Price: $8,650,000 Last Modified: 9/06/2024

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# FX-10433701

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
132 Isle Of Venice Drive, Fort Lauderdale, FL 33301- MLS# FX-10433701
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