Home » Fort Lauderdale » 50 Isle Of Venice Dr, Fort Lauderdale, FL 33301 | A11657132

50 Isle Of Venice Dr, Fort Lauderdale, FL 33301 | For Sale

$6,600,000

Property Highlights

Listing ID A11657132 Status of this Listing: Active For Sale Property Type Residential Income (Multifamily 2-4) Fourplex (Quadruplex) Year Built 1987 Waterfront Time of this property on Rebonus 9 Day(s)
8 Photos of this Property

50 Isle Of Venice Dr, Fort Lauderdale, FL 33301

Property Description: Attention developers & investors—50 Isle of Venice Drive offers a rare opportunity to create a boutique multifamily residence or condo development in the prestigious Las Olas Isles. This cleared, unimproved commercial lot features 120 feet of waterfront with no fixed bridges for direct access to the open ocean. The 14,400 sq ft (0.33 acres) lot is approved for a 5-story building with up to 8 large units & 8 boat slips. Located on a street lined w/ luxury residences, this site is ready for development. Residents will enjoy the natural beauty and luxury lifestyle of Las Olas Isles, with premier shopping, dining, and the beach just five minutes away by car. This is a shovel-ready opportunity in an exclusive setting with plans are available upon request.

Useful Info

Original List Price:$6,600,000
If Bank REO, Short Sale, As Is, etc.:
  • Listed As-is

Lease Details

Rent Includes:
  • Other

Land Lot (Parcel) Details

Lot Features:
  • 1/4 To 1/2 Acre Lot
Lot Size Unit:Square Feet

Construction

Year Built Details:
  • New Construction
Architectural Style:
  • Fourplex
Construction Materials:
  • Other
Flooring:
  • Other

Property Features

Waterfront:Yes
Waterfront Features:
  • Ocean Access
  • Seawall
  • Other
  • Bayfront
Roof:
  • Other
Air Conditioning System:
  • Other
Heating System:
  • Other

Taxes and Expenses

Tax Annual Amount:$26,498

Property Tax Notice for Buyers: Do not rely on the current property taxes paid by the seller, as your tax liabilities may increase following the sale. Transferring ownership or making improvements to the property often triggers tax reassessments, which could raise the amount you owe. If you have questions regarding property valuation, please contact the County Property Appraiser’s Office.

Tax Year:2023
Association Fee Frequency:
  • Monthly
Property Tax Status:Tax Reflects City & County Tax

Terms

Documents Available:
  • Other
Listing Terms Considered by Seller:
  • Cash
  • Conventional
Occupant Type:
  • Vacant
Buyer Possession:
  • Closing & Funding
Lease Considered:No

Community

Subdivision Name:NURMI ISLES ISLAND NO 4
Senior Community:No
Development Name:NURMI ISLES ISLAND N

Parking

Parking Total Spaces:0
Covered Spaces:0

Utilities

Sewer:
  • Public Sewer
Utilities Available:
  • Cable Not Available
Water Source:
  • Public

More Details

Other Information:
Tax Information: Tax Reflects City & County Tax
Flood Zone : AE
Type of Association: Other
Style: Fourplex
FEMA Flood Zone Designations: AE
Subdivision Number: 12
Water Access Description:Other

Zoning and Legal

Tax Legal Description:NURMI ISLES ISLAND NO 4 24-43 B LOT 52
Real Estate Folio Number (Parcel Number):504201120640
Zoning Description:RMM-25
Public Survey Range:50

Listing History

Update/EventDate/Days
Published Date:September 11, 2024 11:13 am
On Market Date:September 11, 2024
Price Change Date Time:September 10, 2024 7:34 pm
Last Important Update Description:New Listing
Date and Time of Last Important Update:September 11, 2024 11:13 am
Status Last Changed:September 11, 2024 11:13 am
Photos Last Modified:September 11, 2024 3:22 pm
Last Modified:September 20, 2024 3:31 pm
Days on the Market Reference Date:September 20, 2024
Days on the Market (updated on Last Modified*):9
Cumulative Days on the Market (updated on Last Modified**):9

Additional Information

Lot Size Range:1/4 To Less Than 1/2 Acre Lot
Number of Photos Count:8
Geographical Area:Ft Ldale SE (3280;3600;3800)
Area:3280
Ref ID:1086480203
Automated Valuation Display:Yes
Courtesy of:Compass Florida, LLC.
Universal Property Id:US-12011-N-504201120640-R-N

Location

Show Property Address:Yes
Street Name:Isle Of Venice Dr
Street Number:50
Street Address:50 Isle Of Venice Dr
City : Fort Lauderdale
State : Florida
Zip Code : 33301
County : Broward
Full Address:50 Isle Of Venice Dr, Fort Lauderdale, FL 33301
Latitude:N26° 7' 19.5''
Longitude:W81° 52' 46.8''

Neighborhood

Postal City:Fort Lauderdale

Property Map