8 Isle Of Venice Dr,Free Standing, Income Waterfront, Commercial/Residential Income, Residential-Multi-Family

8 Isle Of Venice Dr, Fort Lauderdale, Florida, 33301

Price $2,125,000.00

  • Lot size 7200
  • Year Build 1959
  • Waterfront Canal Front, No Fixed Bridges, Ocean Access
  • Zip 33301
  • Style
  • Parking Description Free Parking, Other
  • Pool Yes
  • Status Active

Description

HIGH GROWTH INVESTMENT POTENTIAL in this 6-unit multi-level waterfront property. 60ft on the water accommodates 4 boat slips up to 40-feet each w/ the ability to configure even larger. Fort Lauderdale's reputation has always been the "Venice of America" with its deep water, wide canals and no fixed bridges. Located off the prestigious Las Olas Boulevard, w/great dining, shopping & night life. Property is surrounded by multimillion-dollar homes and luxury condos. This two-story boutique property is fully rented and has the potential for vacation Airbnb and dock rental income. A true waterfront Oasis, surrounded by lush tropical landscape, plenty of privacy and a barbeque area for those waterfront cookouts or kicking back after a long day. THIS IS A DIAMOND, come see it today!

Bring all offers, Land location of this building is highly desired in the growth of New Construction in the Isles. Seller has not tapped into the extra ways to draw income from this property and it's location. LOCATION LOCATION is the draw on turning this to an AIRBNB cash cow with high revenue during, air&sea show, Art Festival, Boat Show and so much more! Boat slips could bring $900ea x 4 =$43k per yr.

NURMI ISLES ISLAND NO 4 24-43 B LOT 57 S 60

Central Business District

HIGH GROWTH INVESTMENT POTENTIAL in this 6-unit multi-level waterfront property. 60ft on the water accommodates 4 boat slips up to 40-feet each w/ the ability to configure even larger. Fort Lauderdale's reputation has always been the "Venice of America" with its deep water, wide canals and no fixed bridges. Located off the prestigious Las Olas Boulevard, w/great dining, shopping & night life. Property is surrounded by multimillion-dollar homes and luxury condos. This two-story boutique property is fully rented and has the potential for vacation Airbnb and dock rental income. A true waterfront Oasis, surrounded by lush tropical landscape, plenty of privacy and a barbeque area for those waterfront cookouts or kicking back after a long day. THIS IS A DIAMOND, come see it today!

City:Fort Lauderdale,Zoning:Commercial Multi Fam,List A O R:A-Miami Association of REALTORS,Electric:1:220 Volts,2:Other Electric,3:Separate Meters,Flooring:1:Wood,Latitude:26.1207752,Malone Id:1009222397,Cooling Y N:1,Heating Y N:1,Lease Term:Month To Month,List Price:2125000,Listing Id:A10942385,Longitude:-80.120242,Mls Status:Active,Ownership:Corporation,Year Built:1959,Directions:OWNER DOES NOT WANT TENANTS TO KNOW FOR SALE - PLEASE KEEP QUITE Las Olas Blvd East to Isle of Venice Dr., take a left, 2nd building on the right next to the Pink Cadillac Bldg.,Inclusions:Building & Land, Beach Access,Dock Available,Electric Available,Live Aboard,Private Dock,UP to 40 Ft Boat,Postal Code:33301,Street Name:Isle Of Venice Dr,Coordinates:1:26.1207752,Gross Income:104400,Photos Count:24,Building Name:Bay Palms Villa,Business Type:1:Residential-Multi-Family,Days On Market:7,Listing Terms:1:Conventional/Refinance,Lot Size Units:Square Feet,On Market Date:2020-10-28,Other Expense:2880,Parcel Number:504201120700,Parking Total:7,Property Type:Commercial Sale,Stories Total:2,Street Number:8,Trash Expense:1250,Waterfront Y N:1,Public Remarks:HIGH GROWTH INVESTMENT POTENTIAL in this 6-unit multi-level waterfront property. 60ft on the water accommodates 4 boat slips up to 40-feet each w/ the ability to configure even larger. Fort Lauderdale's reputation has always been the "Venice of America" with its deep water, wide canals and no fixed bridges. Located off the prestigious Las Olas Boulevard, w/great dining, shopping & night life. Property is surrounded by multimillion-dollar homes and luxury condos. This two-story boutique property is fully rented and has the potential for vacation Airbnb and dock rental income. A true waterfront Oasis, surrounded by lush tropical landscape, plenty of privacy and a barbeque area for those waterfront cookouts or kicking back after a long day. THIS IS A DIAMOND, come see it today!,County Or Parish:Broward County,Expiration Date:2021-04-28,Private Remarks:Bring all offers, Land location of this building is highly desired in the growth of New Construction in the Isles. Seller has not tapped into the extra ways to draw income from this property and it's location. LOCATION LOCATION is the draw on turning this to an AIRBNB cash cow with high revenue during, air&sea show, Art Festival, Boat Show and so much more! Boat slips could bring $900ea x 4 =$43k per yr.,Standard Status:Active,Window Features:1:Complete Panel Shutters/Awnings,Living Area Units:Square Feet,Major Change Type:New,New Taxes Expense:24724,Parking Features:1:Other,Postal Code Plus4:4041,State Or Province:FL,Tax Annual Amount:24724,Unparsed Address:8 Isle Of Venice Dr, Fort Lauderdale FL 33301,Insurance Expense:985,Listing Agreement:Exclusive Right To Sell,Operating Expense:36039,Security Features:1:Smoke Detector(s),2:Security Fence,Year Built Details:Resale,Building Area Total:4187,Building Area Units:Square Feet,Lease Considered Y N:1,Lot Size Square Feet:7200,Number Of Buildings:1,Original List Price:2125000,Public Survey Range:50,I D X Participation Y N:1,Maintenance Expense:5000,Net Operating Income:68361,Syndication Remarks:HIGH GROWTH INVESTMENT POTENTIAL in this 6-unit multi-level waterfront property. 60ft on the water accommodates 4 boat slips up to 40-feet each w/ the ability to configure even larger. Fort Lauderdale's reputation has always been the "Venice of America" with its deep water, wide canals and no fixed bridges. Located off the prestigious Las Olas Boulevard, w/great dining, shopping & night life. Property is surrounded by multimillion-dollar homes and luxury condos. This two-story boutique property is fully rented and has the potential for vacation Airbnb and dock rental income. A true waterfront Oasis, surrounded by lush tropical landscape, plenty of privacy and a barbeque area for those waterfront cookouts or kicking back after a long day. THIS IS A DIAMOND, come see it today!,Waterfront Features:1:No Fixed Bridges,2:Ocean Access,Listing Contract Date:2020-10-28,Originating System I D:miamire,Showing Instructions:Call Listing Agent,Showing Assist,Street Number Numeric:8,Tax Legal Description:NURMI ISLES ISLAND NO 4 24-43 B LOT 57 S 60,Electric On Property Y N:1,Public Survey Township:50,Originating System Name:Miami Association of REALTORS?,Contract Status Change Date:2020-10-28,Internet Address Display Y N:1,Number Of Units In Community:6,Transaction Broker Compensation:3%,Internet Entire Listing Display Y N:1,Transaction Broker Compensation Type:%,

  • Price $2,125,000.00
  • Price Change: 2020-10-28
  • Lot size sq. ft.
  • Price per sq.ft.
  • Year Build 1959
  • Waterfront Canal Front, No Fixed Bridges, Ocean Access
  • View
  • Pool Yes
  • Style
  • Construction Concrete Block Construction
  • Parking Description Free Parking, Other
  • Flooring Type Terrazzo, Wood
  • Property Type Commercial Sale
  • Status Active
  • Listed 2020-10-28
  • Days on Market 123
  • Furnished
  • City Fort Lauderdale
  • Zip 33301
  • State Florida
  • Subdivision
  • Development Name Bay Palms Villa
  • HOA Fees 0
  • Taxes 24724
  • Taxes Year