$6,450,000
Fort Lauderdale, FL 33301
MLS# FX-10168069
Status: Closed
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Property Description
Premier Las Olas Isles Investment Package featuring 250 feet along a deep water canal with 19 apartments + 15 boat slips. Rare waterway location with quick & easy access to the Port and Ocean making this most desirable for dock rentals. The apartments are within walking distance to the beach, the exclusive nightlife of Las Olas, and the convenience of downtown business district. Multi-Million dollar new condo developments are along the isle. Ideal investment with future development possibilities when ready.
Details
Contract Information
Status: Closed
Original List Price: 6450000
Sold Price: $4,800,000
Current Price: $4,800,000
Listing Date: 2019-03-21
General Property Description
Type: MultiFamily (5+ Units)
For Sale: Yes
For Lease: No
Property Desc: 19 APTS + 15 BOAT SL
Year Built: 1966
Built Desc: Resale
# of Stories: 2
Total Units: 19
Waterfront: Yes
Location Tax Legal
Area: 3280
County: Broward
Parcel ID: 504211240210
Street #: 10
Street Name: Hendricks
Street Suffix: Isle(s)
Zip Code: 33301
Legal Desc: Sale includes 504211240190 & 504211AM0010-0080. LOTS 11,14,15 BLK 4 LAUDERDALE ISLE AMEN PLAT 16-33 B & HARBOR VILLAS CO
Geo Lat: 26.12084
Geo Lon: -80.121626
Status Change Info
Under Contract Date: 2020-03-02
Sold Date: 2020-07-31
Sold Price: $4,800,000
Terms of Sale: Cash
Monetary Info
Gross Sched Income: 1
Inc/Exp Stmnt Period: CALL LA
Unit 1
Unit Desc: 1 Bedroom
# of Units: 5
Half Baths: 1
Ann Rent: 1295
Unit 2
Unit Desc: 1 Bedroom
# of Units: 8
Half Baths: 2
Ann Rent: 1650
Unit 3
Unit Desc: 2 Bedroom
# of Units: 4
Half Baths: 2
Ann Rent: 1706
Unit 4
Unit Desc: Efficiency
# of Units: 2
Half Baths: 1
Ann Rent: 1000
Property Features
Type of Building: Income
Construction: Block; Concrete
Sale Includes: Building and Land
Avail Docs: Aerial
Avail Info: Books & Records; Copies of Lease
Miscellaneous 1: Laundry
Miscellaneous 2: Pool
Flooring: Carpet; Tile
Cooling: Central Individual; Other
Special Info: City Jurisdiction
Tenant Pays: Electric
Utilities: Public Water; Separate Meter
Waterfront Details: No Fixed Bridges; Ocean Access; Seawall
Roof: Comp Shingle
Terms Considered: Cash
Lease: Annual; Month to Month
Possession: Funding; Subject to Lease
Listing Office: The Keyes Company
Last Updated: August - 01 - 2020
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