15 Isle Of Venice Drive

Fort Lauderdale, FL 33301

$3,050,000
Last Sold Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Unique opportunity to acquire a 120' waterfront multifamily income property &/or land to develop a 7-home boutique luxury condominium in the heart of trending Ft. Lauderdale, Florida. A short walk to Ft. Lauderdale Beach & to Las Olas Boulevard. Existing building is a great rental income-producing property w/ 13 condos and 8-boat slips w/ great views & community pool. Amazing location! Investor! DRC & P&Z have already been approved by the City of Ft. Lauderdale to build a 7-waterfront condo project...Unique opportunity to acquire a 120' waterfront multifamily income property &/or land to develop a 7-home boutique luxury condominium in the heart of trending Ft. Lauderdale, Florida. A short walk to Ft. Lauderdale Beach & to Las Olas Boulevard. Existing building is a great rental income-producing property w/ 13 condos and 8-boat slips w/ great views & community pool. Amazing location! Investor! DRC & P&Z have already been approved by the City of Ft. Lauderdale to build a 7-waterfront condo project designed by famous GarciaStromberg Architects. For detailed information about the rental property or DD for new development please connect with Listing agent. Photos shown in the listing are for the current building and renderings of the approved building. Boat slips are not currently rented.

Listing Agent

Property Details for 15 Isle Of Venice Drive

Subdivision Name
Nurmi Isles Island 4 24-4
Style
Fourplex
Waterfront
Yes
Waterfront Description
Canal Front, No Fixed Bridges, Ocean Access
Waterfront Footage
Canal Front,No Fixed Bridges,Ocean Access

Location

Sold By BHHS EWM Realty

Add your commute
LISTING UPDATED: 12/12/2020 11:37 AM

Property Details for 15 Isle Of Venice Drive

StatusClosed Sale
MLS #F10249477
Days on Market86
Taxes$48,000 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Fourplex
Year Built1965
Lot Size-
CountyBroward County

Location

Sold By BHHS EWM Realty

Add your commute

Building Information for 15 Isle Of Venice Drive

Stories-Residences13Year Built1965Building Size-Lot Size-

Payment Calculator

$20,645 per month

30 year fixed, 7.25% Interest

Principal and Interest

$16,645

Property Taxes

$4,000

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 15 Isle Of Venice Drive

General Information
General Information
  • Information Available: Deposit Held, Deposit - Last Months Rent, Deposit - Security, Financial Statement, Investment Analysis, Copy Of Lease(S)
  • Township Range: 5042
  • Street Number Numeric: 15
  • Street Number: 15
  • Street Name: Isle Of Venice Dr
  • County Or Parish: Broward County
  • Postal Code: 33301
  • City and Location Text: Fort Lauderdale
  • City Postal ID: 33301
Maintenance / Tax Information
  • Tax Amount: $48,000
  • Tax Information: Tax Reflects No Exemptions
  • Tax Year: 2019
Building Information
  • Property Type: Residential Income
  • Property Type Information: Attached
  • Subdivision Complex Bldg: Nurmi Isles Island 4 24-4
  • Total Units: 13
  • Type of Property: Fourplex
  • Year Built Numeric: 1965
  • Year Built Description: Resale
  • MLS Area: 3280
Virtual Tour / Features / Utilities
Interior
  • Floor Description: Other Floors
  • Spa: No
  • Flooring: Other Floors
Exterior
  • Construction Type: Cbs Construction
  • Pool: Yes
  • Pool Description: Below Ground Pool
  • Roof Description: Flat Roof With Facade Front
  • Construction: Cbs Construction
  • Roof: Flat Roof With Facade Front
Waterfront
  • Water Access: Community Boat Dock, Private Dock
  • Waterfront Frontage: 120
  • Water Description: Municipal Water
Utilities
  • Cooling Description: Electric Cooling
  • Heating Description: Electric Heat
  • Cable Available: Yes
  • Separate Meter: Yes
  • Sewer Description: Municipal Sewer
Property / Lot Information
Building Information
  • Unit Count: 2
  • Type of Association: None
  • Zoning Information: RMM-25
  • Num Parking Spaces: 22
  • Num Stories: 2
Community Information
  • Development Name Free Text: 15 Isle of Venice
  • Gated Community YN: No
Location Information
  • Area: 3280
  • Geographic Area: Ft Ldale SE (3280;3600;3800)
  • Parcel Number Free Text: 504201120030
  • Section: 1
  • State: FL
Lot Information
  • Approximate Lot Size: 14400
  • Lot Description: 1/2 To Less Than 3/4 Acre Lot
Multi Family Information
Expense Information
  • Exp Incl Electric: Yes
  • Exp Incl Extermination: Yes
  • Exp Incl Insurance: Yes
  • Exp Incl Lawn Maintenance: Yes
  • Exp Incl Maintand Repair: Yes
  • Exp Incl Management: Yes
  • Exp Incl Miscellaneous: Yes
  • Exp Incl Pool Service: Yes
  • Exp Incl Replace Reserve: Yes
  • Exp Incl Trash: Yes
  • Exp Incl Water Sewer: Yes
Rent Information
Furnished / Unfurnished
  • Furnished Info Sold: Unfurnished
Rent Information
  • Rent Includes: Cable Tv, Lawn Care, Pest Control, Pool Maintenance

Property History for 15 Isle Of Venice Drive

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 15 Isle Of Venice Drive

Taxable ValueLand$864,000Additions$2,339,190Total$3,203,190
Tax Record2023$65,822 ($5,485 / month)
Home Facts
Total Finished SqFt10,343 SqFtAbove Grade Finished SqFt10,343 SqFtStories2Lot Size14,400 SqFtStyleMulti-Family Dwelling (2-4)Year Built1960Year Renovated1965ZoningRMM-25CountyBROWARDAPN50-42-01-12-0030

Schools near 15 Isle Of Venice Drive

This home is within Broward.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - PK to 5
Rating
School
Distance
Harbordale Elementary School
PublicPK to 5

Sunrise Middle School
Public6 to 8

Fort Lauderdale High School
Public9 to 12

Virginia Shuman Young Elementary School
PublicPK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Based on information from one of the following Multiple Listing Services: Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.