Fort Lauderdale Beach $4.9M
- Property Name: Lauderdale By The Sea
- Address: 4801 El Mar Drive, Fort Lauderdale, FL
- Building Size: 10898 sq.ft.
- Lot Size: 27,264 sq.ft.
- Zoning: RM25
- # of units: 24
- Pool: Yes
- Floors: 2
- Occupancy: 95%
- Year Built: 1967
- Cap Rate: 6.7%
- Price: $4.9M
Highlights
Rare investment opportunity in LAUDERDALE-BY-THE-SEA to own 5 lots, 3 parcels and 2 corners of this block. The offering includes 4801 El Mar Drive, Washingtonian and N Ocean Boulevard, also known as A1A. 24 units in three buildings. A compound with great potential. Pool. Private and on the street parking. Located only blocks north of LAUDERDALE-BY-THE-SEA town center & Anglin Pier. Total of 27,264 sq.ft. of land. Full Memorandum of Purchase available. Call or email for more information.
