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Key Details
Sold Price $8,750,000
Property Type Multi-Family
Sub Type Fourplex
Listing Status Sold
Purchase Type For Sale
Square Footage 7,776 sqft
Price per Sqft $1,125
Subdivision Coral Ridge 21-50 B
MLS Listing ID F10505721
Sold Date 07/30/25
Style Fourplex
Construction Status Resale
Year Built 1951
Annual Tax Amount $29,846
Tax Year 2024
Property Sub-Type Fourplex
Property Description
The Best investment gem in Fort Lauderdale! This sale is for two turnkey 4-plexes (8 units total) on over ½ acre with 200' of deep-water frontage (no fixed bridges) on a wide 127' canal. 13 beds 10 baths! Generates $600K+/year as a luxury short-term rental. Each building has its own heated pool, 2 parking spaces per unit. One 4-plex was fully renovated with high-end finishes, impact glass, modern kitchens, updated baths, & designer furnishings. New concrete dock (2021). Perfect for group rentals, family retreats, or events. Zoned RM-25 with potential for luxury townhomes, condos, or future redevelopment. Rare blend of immediate income & long-term upside. Prime location near beaches, shopping, dining, golf, & top Bayview elementary school. opportunities like this are truly rare! Call today
Location
State FL
County Broward County
Area Ft Ldale Ne (3240-3270;3350-3380;3440-3450;3700)
Zoning RMM-25
Interior
Heating Central Heat, Electric Heat
Cooling Ceiling Fans, Central Cooling
Flooring Tile Floors
Exterior
Exterior Feature Barbecue, Built-In Grill, Deck, Exterior Lights, Fence, High Impact Doors, Outdoor Shower, Patio
Pool Below Ground Pool, Heated
Waterfront Description Canal Width 121 Feet Or More,No Fixed Bridges,Seawall
Water Access Desc Private Dock
Roof Type Flat Tile Roof,Comp Shingle Roof
Private Pool 1
Building
Lot Description 1/2 To Less Than 3/4 Acre Lot
Story 2.0000
Foundation Cbs Construction, Slab Construction
Sewer Municipal Sewer
Construction Status Resale
Others
Acceptable Financing Cash, Conventional, FHA, VA
Listing Terms Cash, Conventional, FHA, VA
Special Listing Condition As Is
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Bought with Douglas Elliman