8 Isle Of Venice Drive

Fort Lauderdale, FL 33301

$2,075,000
Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Welcome to Paradise! This stunning Art Deco waterfront beauty consists of 6 units: (4) 1 bedroom, 1 bathroom; (1) 2 bedroom, 2 bathroom and (1) studio apartment (this apt is leased with a 1/1 unit). This lushly landscaped oasis is fully occupied with long term tenants. No fixed bridges here! Includes 4 deep water boat slips that can accommodate boats up to 40 feet, including live aboard for even more income! Under market rents allow for a huge opportunity of a value add purchase. Perfect opportunity...Welcome to Paradise! This stunning Art Deco waterfront beauty consists of 6 units: (4) 1 bedroom, 1 bathroom; (1) 2 bedroom, 2 bathroom and (1) studio apartment (this apt is leased with a 1/1 unit). This lushly landscaped oasis is fully occupied with long term tenants. No fixed bridges here! Includes 4 deep water boat slips that can accommodate boats up to 40 feet, including live aboard for even more income! Under market rents allow for a huge opportunity of a value add purchase. Perfect opportunity for someone looking to live rent free while collecting income and building equity! Amazing location just steps from Las Olas shopping, dining and nightlife. Walk or bike to the beach, kayak and boat from your backyard! Serious buyers only. Do not disturb tenants, please see broker remarks.
  1. Listed by Kaley Miller • Native Realty Co.

Property Details for 8 Isle Of Venice Drive

Waterfront
Yes
Waterfront Description
No Fixed Bridges, Ocean Access
Area
3280
Geographic Area
Ft Ldale SE (3280;3600;3800)
Auction
No
Num Stories
2
Year Built Description
Resale
LISTING UPDATED: 07/09/2020 08:38 PM

Property Details for 8 Isle Of Venice Drive

StatusActive
MLS #A10876469
Days on Market1658
Taxes$23,662 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeCommercial/Industrial / Income/Multi Family
Year Built1958
Lot Size0.17 AC / 7,200 SF
CountyBroward County

Building Information for 8 Isle Of Venice Drive

Stories-Residences-Year Built1958Building Size-Lot Size0.17 AC / 7,200 SF

Property Information for 8 Isle Of Venice Drive

Location Information
Location Information
  • Parcel Number Free Text: 504201120701
  • Parcel Number MLX: 0700
  • MLS Area: 3280
  • Township Range: 50
  • Subdivision Number: 12
  • Subdivision Complex Bldg: Nurmi Isles
  • Unit Count: 6
  • Zoning Information: MULTI
General Information
Parking
  • Num Parking Spaces: 8
General Information
  • Style of Property: Income Waterfront
  • Property Description: Waterfront 6 unit and 4 Slips
  • Prop Type-Type of Building: Apartments, Residential-Multi-Family
  • Building Sq Ft: 4,187
  • Num Tenants: 5
  • Num Meters: 6
  • Occupancy Percentage: 100.00%
  • Approximate Lot Size: 7200
  • Property Sq Ft: 7200
  • Num Buildings: 1
  • Num Floors: 2
  • Boat Access: Dock Owned/Included, Electric Available, Live Aboard, UP to 40 Ft Boat
  • Boat Services: Dock Owned/Included,Electric Available,Live Aboard,UP to 40 Ft Boat
  • Construction: CBS Construction
  • Construction Type: CBS Construction
  • Roof Description: Concrete Roof
  • Flooring: Tile Floors, Wood Floors
  • Floor Description: Tile Floors, Wood Floors
  • Directions: Las Olas Blvd (East) to Isle of Venice Drive (North) to property on the East side of the street.
  • Security Information: Fenced
Additional Property Information
Utilities
  • Heating Description: Central Electric
  • Cooling Description: Central Individual A/C
  • Water Description: Other
  • Sewer Description: Other Sewer
Additional Property Information
  • Guest Accommodations: No
  • Num Units: 6
  • Tenant Pays: Interior Electric, Telephone, Water
  • Miscellaneous Information: Fenced Area, Landscaped, Laundry Facilities
  • Maximum Leasable Sqft: 4187
Financial Information
Financial Information
  • Assumable: No
  • Flood Zone: AE
  • Tax Year: 2019
  • Information Available: Aerial Photo(S), Deed, Photos, Rent Rolls
  • Special Assessment: No
Rental Information
Rent Information
  • Deposit Information: Security Deposit
Agent / Office Information
Listing Information
  • Sale Includes: Fixtures
  • Sale Includes INCL: Leases

Property History for 8 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 8 Isle Of Venice Drive

Taxable ValueLand$432,000Additions$1,499,790Total$1,931,790
Tax Record2024$38,498 ($3,208 / month)
Home Facts
Total Finished SqFt4,187 SqFtAbove Grade Finished SqFt4,187 SqFtStories1Lot Size7,200 SqFtStyleMulti-Family Dwelling (2-4)Year Built1958Year Renovated1959ZoningRMM-25CountyBROWARDAPN50-42-01-12-0700

Schools near 8 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.

Similar Homes

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8 Isle Of Venice Drive is a multi-family home for sale in Fort Lauderdale, FL 33301. This property was listed for sale on June 15, 2020 by Native Realty Co., it's currently listed at $2,075,000. It has been on the market for a total of 1658 days and was last sold on March 31, 2021. This listing's school district is Broward. Nearby schools include Harbordale Elementary School, Sunrise Middle School and Fort Lauderdale High School. 8 Isle Of Venice Drive is a 0-bed, 0-bath, multi-family home built in 1958.

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. Offers of compensation are subject to change at the discretion of the seller. 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.

Listing Courtesy of Native Realty Co.

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.