Best of Luxury Realty

Overview

Status: Backup

A backup offer is when a home seller has accepted an offer from a buyer, but is still accepting offers from other buyers. Sellers state that they are accepting backup offers if they think the current offer may fall through.
Parking No info
Size: No info
Price Per: No info/No info
Type: Multifamily
Built: 1987
HOA: No info
MLS Number: A11657132
View No info
On Site: 90 days
Updated: 29 Days Ago
Page Views: 1

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.

Development Amenities

Development Amenities:

Boat Dock

Price History

Date	Event	Price	Change Rate	Price Per
09/11/2024	Listed	$6,600,000.00		N/A

Features

Property Details for 50 Isle Of Venice Dr, Fort Lauderdale, FL 33301

Nurmi Isles Island, Multifamily current status is ActiveUnderContract, 50 Isle Of Venice Dr is a Multifamily in , Fort Lauderdale, FL 33301 with property MLS ID# A11657132. This Multifamily has been listed on Best of Luxury Realty since September 11, 2024 and is currently priced at 6,600,000. This property was built in 1987.

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Bedroom Description: No info

Bathrooms
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Master Bathroom Description: No info

Exterior and Lot Features
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Interior, Heating and Cooling
Interior Features: No info
Appliances: No info
Heating Description: Other
Cooling Description: No info

School Information
Elementary School: No info
Middle School: No info
High School: No info

Other Property Info
Community Name: Nurmi Isles Island
Subdivision Name: NURMI ISLES ISLAND NO 4
Property Type: Multifamily
Property Subtype: Residential Income
Type of Association: Homeowners
Garage Spaces: No info
Listing Date: 09/11/2024
Area: 3280
Brokered By: Compass Florida, LLC.

Taxes, Fees & More
Maintenance/HOA Fees: No info
Taxes (PLEASE NOTE THAT: Property taxes on resale can vary and prorated at approximately 2.0% of the purchase price and/or assessed market value. Tax rates differ between municipalities and may vary depending on location and usage): $26,498.00 (2023)

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Area Specialist

Buyer/Tenant Etiquette

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Tracey Schmitt

Real Estate Advisor

Office: (305) 407-1657

Email: tracey@bestofluxuryrealty.com

Specialties:

Luxury Oceanfront Communities, Waterfront Single Family Homes

Memberships:

Master Brokers, Luxury Real Estate Marketing, Million Dollar Guild

This property is courtesy of the Compass Florida, LLC.. This listing has been viewed 1 times. The data relating to real estate for sale/lease on this web site come in part from a cooperative data exchange program of the multiple listing service (MLS) in which this real estate firm (Broker) participates. The properties displayed may not be all of the properties in the MLS's database, or all of the properties listed with Brokers participating in the cooperative data exchange program. Properties listed by Brokers other than this Broker are marked with either the listing Broker's logo or name or the MLS name or a logo provided by the MLS. Detailed information about such properties includes the name of the listing Brokers. Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. The Florida Association of Realtors and its cooperating MLSs do not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing.

Special Markers:

*Just Listed: New properties that came on the market within the last 15 days.
*Decrease/Increase: Listing values that are being calculated based on recorded price changes.
*Foreclosures/Short Sale: Please note, all properties are subject to bank approval. Buyers must be pre-approved or show proof of funds before submitting an offer.