111 Isle Of Venice Dr
Fort Lauderdale, FL 33301
Multifamily Property For Sale
·
8 Units
Property Facts
| No. Units | 8 | Building Size | 6,605 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1959 |
| Building Class | C | Parking Ratio | 1.97/1,000 SF |
| Lot Size | 0.33 AC | ||
| Zoning | RMM25 | ||
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.33 AC |
| Building Size | 6,605 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1959 |
| Parking Ratio | 1.97/1,000 SF |
| Zoning | RMM25 |
Amenities
Unit Amenities
- Air Conditioning
- Balcony
- Dishwasher
- Washer/Dryer
- Ceiling Fans
- Eat-in Kitchen
- Granite Countertops
- Hardwood Floors
- Refrigerator
- Range
- Walk-In Closets
- Dining Room
- Dock
- Family Room
- Patio
Site Amenities
- Courtyard
- Laundry Facilities
- Waterfront
- Dock
About 111 ISLE OF VENICE DR , FORT LAUDERDALE, FL 33301
Banyan Marina is a 8 unit Co-op Property with 8 live aboard boat docks. Opportunity to purchase the property as an entirety! Could be renovated and used for annual or seasonal rentals (Great opportunity for airBnb) or could be redeveloped as well. Property is 120' by 120 on the west side of Isle of Venice. Property consists of a 2 bedroom, 3 bathroom home, two 2 bedroom, 2 bathroom units, four 1 bedroom, 1 bathroom units & 1 large studio. 7 of the units are currently rented with month to month tenants and 30 days notice to leave. 3 boat slips are rented to live aboard tenants, 5 docks are owner occupied. All units are individually electrical metered, have separate AC and air handling systems and cable hookups. Heated pool, boater's bathroom and shower, dock storage boxes for each slip & laundry facility on site. Licensed marina with pumpout facilities; 30 / 50 amp electrical (metered per slip), water and cable hookups for each dock slip as well! SELLER'S WILL CONSIDER OWNER FINANCING!
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+2 | 5 | $1,638 | 920 - 924 |
| 1+1 | 16 | $1,275 | 550 - 705 |
| 2+3 | 7 | $2,800 | 1,829 |
| Studios | 8 | $800.00 | 390 |
Property Taxes
| Parcel Number | 50-42-01-12-0210 | Improvements Assessment | $2,080,440 |
| Land Assessment | $1,296,000 | Total Assessment | $3,376,440 |
Property Taxes
