8 Isle of Venice Dr
Fort Lauderdale, FL 33301
Bay Palms Villa · Multifamily Property For Sale
·
6 Units
Property Facts
| No. Units | 6 | Building Size | 4,187 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1958 |
| Building Class | C | Parking Ratio | 1.67/1,000 SF |
| Lot Size | 0.17 AC | ||
| Zoning | RMM-25 - Commercial RM-25 | ||
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.17 AC |
| Building Size | 4,187 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1958 |
| Parking Ratio | 1.67/1,000 SF |
| Zoning | RMM-25 - Commercial RM-25 |
Amenities
Unit Amenities
- Air Conditioning
- Cable Ready
- Dishwasher
- Ceiling Fans
- Granite Countertops
- Refrigerator
- Stainless Steel Appliances
- Tub/Shower
- Walk-In Closets
- Yard
- Grill
- Basement
- Deck
- Dock
- Window Coverings
Site Amenities
- Courtyard
- Fenced Lot
- Laundry Facilities
- Waterfront
- Cabana
- Grill
- Dock
About 8 ISLE OF VENICE DR , FORT LAUDERDALE, FL 33301
Green Tree Commercial, Inc. is pleased to present 6-unit waterfront apartment building in the heart of Ft. Lauderdale located in highly regarded Las Olas Isles. This building is perfect for vacation rentals, land banking, owner/user and great future potential development of this desirable Las Olas/Isle of Venice. Property is gated and has beautiful grounds with lush tropical garden, beautiful water views and 8 assigned parking spaces. The subject property is well maintained. All units have central A/C’s. Property is 100% occupied and tenants pay their electricity. Investment has laundry facilities offering additional income. Four deep water boat slips accommodate boats up to 40 feet with 60 feet of deep water and can be reconfigured for even larger vessels. These boat slips can yield extra income for docking and live aboard. No fixed bridges to cruise Port Everglades or the Atlantic Ocean. Value add purchase. Condos next door sell for $1,500,000 to $2,000,000. ID#22587
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 1 | $1,575 | - |
| 1+1 | 1 | $1,475 | - |
| 1+1 | 2 | $1,525 | - |
| 2+2 | 1 | $2,275 | - |
| Studios | 1 | $325.00 | - |
Property Taxes
| Parcel Number | 50-42-01-12-0700 | Improvements Assessment | $1,499,790 |
| Land Assessment | $648,000 | Total Assessment | $2,147,790 |
Property Taxes
