$4,500,000
$6,100,000
26.2%For more information regarding the value of a property, please contact us for a free consultation.
50 Isle Of Venice Dr Fort Lauderdale, FL 33301
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
Property Description
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.
Location
State FL
County Broward
Community Nurmi Isles Island No 4
Area 3280
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
Building
Lot Description 1/4 to 1/2 Acre Lot
Sewer Public Sewer
Water Public
Structure Type Other
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Listed As-Is
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Bought with Revolve Realty LLC