Home » Fort Lauderdale » 132 Isle Of Venice Dr, Fort Lauderdale, FL 33301 | F10433701

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

$8,800,000

Property Highlights

Listing ID F10433701 Status of this Listing: Pending (An offer has been accepted) For Sale Property Type Residential Income (Multifamily 2-4) Fourplex (Quadruplex) Living Space 12,500 Sqft/1161.29 m2 approx. Building Area 15,800 Sqft/1467.87 m2 approx. POOL Year Built 1964 Waterfront Time of this property on Rebonus 137 Day(s)
47 Photos of this Property

132 Isle Of Venice Dr, Fort Lauderdale, FL 33301

Property Description: Investors, developers, and multi-family owners, seize a prime opportunity in Ft. Lauderdale, Florida! This 180-foot waterfront gem with ocean access promises lucrative returns. Craft 12 opulent waterfront condos for an elite clientele, or tap into the upscale rental market with 15 unique units and 10 desirable boat slips available for rent. With Ft. Lauderdale Beach and Las Olas Boulevard nearby, tenants crave this location and its amenities. Alternatively, it can be transformed into an exclusive Airbnb hotspot, leveraging its current boutique hotel operation. Don 't miss this chance to make your mark in Ft. Lauderdale 's coveted locale. The listing agent must be present for all showings.

Useful Info

Contingency:No Contingencies
Original List Price:$8,800,000
If Bank REO, Short Sale, As Is, etc.:
  • Listed As-is

Land Lot (Parcel) Details

Lot Features:
  • Sprinklers Automatic

Construction

Year Built Details:
  • Resale
Number of Units Total:2
Architectural Style:
  • Fourplex
Property Condition:
  • Resale
Levels:Two
Construction Materials:
  • Block
Flooring:
  • Laminate
  • Ceramic Tile
Frontage Type:
  • Waterfront
Stories:2

Property Features

Waterfront:Yes
Waterfront Features:
  • Ocean Access
  • Canal Front
  • Canal Access
  • Dock Access
  • No Fixed Bridges
Frontage Length:180
Swimming Pool Features:
  • Pool
  • In Ground
Accessibility Features:
  • Wheelchair Access
Exterior Features:
  • Security/high Impact Doors
  • Barbecue
  • Balcony
  • Patio
  • Outdoor Grill
  • Outdoor Shower
Patio and Porch Features:
  • Patio
Roof:
  • Other
Air Conditioning:Yes
Air Conditioning System:
  • Central Air
Heating:Yes
Heating System:
  • Electric

Taxes and Expenses

Tax Annual Amount:$66,000

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
Property Tax Status:Tax Reflects No Exemptions

Terms

Documents Available:
  • Financials
  • Survey
  • Appraisal
Listing Terms Considered by Seller:
  • Cash
  • Conventional
  • 1031 Exchange
Occupant Type:
  • Call Agent
Buyer Possession:
  • Closing & Funding
Lease Considered:No

Community

Subdivision Name:Nurmi Isles Island 4 24-4
Community Features:
  • Non-gated
  • Laundry Facilities
Senior Community:No
Development Name:Villa Venezia

Parking

Parking Total Spaces:22
Covered Spaces:0

Utilities

Sewer:
  • Public Sewer
Utilities Available:
  • Cable Available
Water Source:
  • Public

More Details

Other Information:
Data exchange original Listing Number: F10433701
Type of Association: None
Water Access Description:Deeded Dock,Dock Available,Private Dock

Zoning and Legal

Tax Legal Description:NURMI ISLES ISLAND NO 4 24-43 B LOT 37
Real Estate Folio Number (Parcel Number):504201120450
Zoning Description:RMM-25
Public Survey Township:5042
Public Survey Section:1

Listing History

Update/EventDate/Days
Published Date:April 15, 2024 12:49 pm
On Market Date:April 15, 2024
Listing Contract Date:April 15, 2024
Contingent Date:June 30, 2024
Last Important Update Description:Pending (An offer has been accepted)
Date and Time of Last Important Update:July 5, 2024 11:50 am
Status Last Changed:July 5, 2024 11:50 am
Photos Last Modified:April 16, 2024 7:57 am
Last Modified:July 5, 2024 3:50 pm
Days on the Market Reference Date:July 5, 2024
Days on the Market (updated on Last Modified*):76
Cumulative Days on the Market (updated on Last Modified**):76

Additional Information

Lot Size Range:1/2 To Less Than 3/4 Acre Lot,
Number of Photos Count:47
Geographical Area:Ft Ldale SE (3280;3600;3800)
Area:3280
Ref ID:1068154927
Courtesy of:Compass Florida, LLC
Universal Property Id:US-12011-N-504201120450-R-N

Location

Show Property Address:Yes
Street Name:Isle Of Venice Dr
Street Number:132
Street Address:132 Isle Of Venice Dr
City : Fort Lauderdale
State : Florida
Zip Code : 33301
County : Broward County
Full Address:132 Isle Of Venice Dr, Fort Lauderdale, FL 33301
Latitude:N26° 7' 32.2''
Longitude:W81° 52' 46.8''

Neighborhood

Postal City:Fort Lauderdale

Property Map