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4512 Seagrape Dr - Duplex- Mother/Daughter 2 Unit Apartment Building Offered at $1,388,888 Lauderdale-by-the-Sea, FL 33308
Executive Summary
?? Investor’s Dream in Lauderdale-By-The-Sea | Zoned RD-10 Duplex
This updated duplex offers an exceptional investment or “mother-and-daughter” living opportunity just steps from the beach, shops, dining, and entertainment.
The property sits on a large tropical lot with lush gardens and multiple patio areas—perfect for relaxing or entertaining.
Key Features:
Prime East-of-A1A location—walk to everything!
Two spacious 2-bedroom, 2-bath units
Unit 1: Rented under market at $3,000/month.
Unit 2: Leased at $3800/month (annual lease) I year in place
2019 tile roof | 2018 impact windows | Newer central A/C
Gorgeous terrazzo floors, updated kitchens & baths, and sun-filled family rooms
2-car garage, plus multiple screened patios and laundry in each unit
Zoned RD-10—build or redevelop into a luxury duplex like the neighboring property
(4143 Seagrape Dr #1-N, listed at $2,959,000).
An incredible income property or redevelopment opportunity in one of South Florida’s most desirable beachside communities. Ready for a quick sale—don’t miss this rare find!
Insurance $5727.60
This updated duplex offers an exceptional investment or “mother-and-daughter” living opportunity just steps from the beach, shops, dining, and entertainment.
The property sits on a large tropical lot with lush gardens and multiple patio areas—perfect for relaxing or entertaining.
Key Features:
Prime East-of-A1A location—walk to everything!
Two spacious 2-bedroom, 2-bath units
Unit 1: Rented under market at $3,000/month.
Unit 2: Leased at $3800/month (annual lease) I year in place
2019 tile roof | 2018 impact windows | Newer central A/C
Gorgeous terrazzo floors, updated kitchens & baths, and sun-filled family rooms
2-car garage, plus multiple screened patios and laundry in each unit
Zoned RD-10—build or redevelop into a luxury duplex like the neighboring property
(4143 Seagrape Dr #1-N, listed at $2,959,000).
An incredible income property or redevelopment opportunity in one of South Florida’s most desirable beachside communities. Ready for a quick sale—don’t miss this rare find!
Insurance $5727.60
Financial Summary (Actual - 2024) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
Financial Summary (Actual - 2024) Click Here to Access
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | $1,388,888 | Property Type | Multifamily |
| Price Per Unit | $694,444 | Building Size | 2,377 SF |
| Sale Type | Investment | No. Stories | 1 |
| No. Units | 2 | Year Built | 1960 |
| Zoning | RD-10 - Zoned RD-10—build or redevelop into a luxury duplex like the neighboring property. Which is develop and listed at $2,959,000). | ||
| Price | $1,388,888 |
| Price Per Unit | $694,444 |
| Sale Type | Investment |
| No. Units | 2 |
| Property Type | Multifamily |
| Building Size | 2,377 SF |
| No. Stories | 1 |
| Year Built | 1960 |
| Zoning | RD-10 - Zoned RD-10—build or redevelop into a luxury duplex like the neighboring property. Which is develop and listed at $2,959,000). |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+2 | 1 | $4,000 | - |
| 1+1 | 1 | $3,500 | - |
1 1
Moderately walkable
60/100
Moderately drivable
70/100
Limited public transit
30/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 49-43-18-07-0650 | Total Assessment | $1,141,640 (2026) |
| Land Assessment | $281,280 (2026) | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $860,360 (2026) | Tax Year | 2024 |
Property Taxes
Parcel Number
49-43-18-07-0650
Land Assessment
$281,280 (2026)
Improvements Assessment
$860,360 (2026)
Total Assessment
$1,141,640 (2026)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2024
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4512 Seagrape Dr - Duplex- Mother/Daughter
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