87 Isle Of Venice Drive, Fort Lauderdale, FL 33301
$5,047,000
Property Type:
Residential Income
Square Footage:
3,479
Status:
Closed
Current Price:
$5,047,000
Last Modified:
3/06/2023
Description
Extraordinary multifamily development opportunity in the heart of booming Fort Lauderdale, Florida. Rare opportunity to acquire large 120' waterfront multifamily income producing property with 8-individual deep-water boat slips &/or land to develop a 8-10-unit luxury condominium with spectacular waterfront views and sunset vistas. This uniqulely available and extremely desirable property is located off magnificent Las Olas Boulevard and walking distance to downtown and the majestic Fort Lauderdale beaches. Amazing location for Investor or Developer. Located near the developing Wall Street of the South in renowned Venice of America and yachting capital of the world. Sorrento is the best of everything with deep-water Intracoastal and Ocean Access.
More Information MLS# FX-10319468
Contract Information
Listing Date: 2022-02-25
Status: Closed
Original List Price: 8900000
Sold Price: $5,047,000
Current Price: $5,047,000
List Price/SqFt: 1983.33
General Property Description
Type: Quad Plex
Property Condition: Resale
Year Built: 1953
Number of Stories: 2
SqFt - Living: 3479
Homeowners Assoc: None
Directions: take I-95 South to Broward boulevard head east until S.E 15th ave make a right go straight till you get to Las Olas. Turn left heading east keep going until Isle of Venice, make a left onto isle of Venice.
Subdivision: Nurmi Isles Island 4 24-4
Development Name: Sorrento
Lot Dimensions: 14,400
Waterfront: Yes
Waterfrontage: 120
Private Pool: Yes
Separate Elec Meters: Yes
Separate Wtr Meters: Yes
Location Tax Legal
Area: 3280
County: Broward
Parcel ID: 504201120170
Street #: 87
Street Name: Isle Of Venice
Street Suffix: Drive
Zip Code: 33301
Legal Desc: NURMI ISLES ISLAND NO 4 24-43 B LOT 15
Geo Lat: 26.123693
Geo Lon: -80.120822
Status Change Info
Under Contract Date: 2022-07-28
Sold Date: 2022-08-11
Sold Price: $5,047,000
Terms of Sale: Cash
Sold Price/SqFt: 1450.7
Property Features
Construction: Block; Concrete
Waterfront Details: No Fixed Bridges; Ocean Access; Canal Width 81 - 120
Private Pool Description: Inground
Lot Description: 1/4 to 1/2 Acre
Maintenance Fee Incl: Cable; None
Flooring: Terrazzo Floor; Wood Floor
Cooling: Wall-Win A/C
Heating: Window/Wall
Roof: Concrete Tile
Boat Services: Private Dock
Terms Considered: Cash; Conventional
Utilities: Cable; Public Sewer
Taxes: City/County
Possession: Funding
Listing Office: Coldwell Banker Realty
Last Updated: March - 06 - 2023
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