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Key Details
Sold Price $1,700,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,416 sqft
Price per Sqft $703
Subdivision Victoria Isles
MLS Listing ID F10500242
Style Duplex
Year Built 1957
Annual Tax Amount $22,146
Tax Year 2024
Property Sub-Type Duplex
Property Description
Premier Las Olas Isles Waterfront Opportunity–Ideal for Luxury Development! This rare deep-water property with 50 feet of prime waterfront & direct saltwater access to the Atlantic Ocean and the Intracoastal in under 15 minutes. 3 dedicated slips—accommodating vessels up to 50 feet—a newly raised seawall and pilings. Appraised 7 months ago for land value at $2,250,000, this property sits in a high-demand/supply zone with a shortage & a 3-month marketing time. The highest & best use is redevelopment—plans supported by neighborhood comps with an identical lot across the street, where two luxury townhomes were constructed and sold for $3 M+. Duplex needs TLC, but offers flexible use while final plans are made. Secure a legacy property in Fort Lauderdale's most coveted waterfront community.
Location
State FL
County Broward County
Area Ft Ldale Se (3280;3600;3800)
Interior
Heating Central Heat
Cooling Central Cooling
Flooring Tile Floors
Exterior
Exterior Feature Deck, Exterior Lights, Laundry Facility, Patio
Waterfront Description Canal Front,Canal Width 121 Feet Or More,No Fixed Bridges,Ocean Access
Water Access Y
Roof Type Flat Tile Roof
Building
Lot Description Less Than 1/4 Acre Lot
Story 1.0000
Foundation Cbs Construction
Sewer Municipal Sewer
Water Municipal Water
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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Bought with Fidelity Real Estate LLC
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