$ 4,500,000 $ 6,100,000 26.2%

50 Isle Of Venice Dr

Fort Lauderdale, FL 33301

  • 1987 Year Built
Attention Developers & Investors! 50 Isle of Venice Drive offers a rare opportunity to develop a boutique multi family residence or luxury condo project in the prestigious Las Olas Isles. This cleared, unimproved lot features 120 feet of waterfront with no fixed bridges, offering direct ocean access. The 14,400 sq ft (0.33 acres) lot comes with approved plans from the City of Fort Lauderdale Planning and Zoning Committee and the Development Review Committee (DRC) for a 5-story building with 8 spacious units and 8 private boat slips. All permits are current. Located in a prime area surrounded by luxury residences, this property is just minutes from world-class shopping, dining, and beaches.
Listed by Compass Florida, LLC. , Sold By Revolve Realty LLC

PROPERTY DETAIL

  • Key Details

    Sold Price $4,500,000

    Property Type Multi-Family

    Sub Type Quadruplex

    Listing Status Sold

    Purchase Type For Sale

    Subdivision Nurmi Isles Island No 4

    MLS Listing ID A11657132

    Style Fourplex

    Year Built 1987

    Annual Tax Amount $26,498

    Tax Year 2023

    Property Sub-Type Quadruplex

  • Location

    State FL

    County Broward

    Community Nurmi Isles Island No 4

    Area 3280

  • Building

    Lot Description 1/4 to 1/2 Acre Lot

    Sewer Public Sewer

    Water Public

    Structure Type Other

  • Interior

    Heating Other

    Cooling Other

    Flooring Other

  • Exterior

    Pool None

    Utilities Available Cable Not Available

    Waterfront Description Bayfront,Ocean Access,Other,Seawall

    Roof Type Other

  • Others

    Acceptable Financing Cash, Conventional

    Listing Terms Cash, Conventional

    Special Listing Condition Listed As-Is

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