132 Isle Of Venice Drive, Fort Lauderdale, FL 33301
$8,650,000
Property Type:
Residential Income
Square Footage:
15,800
Status:
Closed
Current Price:
$8,650,000
List Date:
4/15/2024
Last Modified:
1/24/2026
Description
Investors, developers, and multi-family owners, seize a prime opportunity in Ft. Lauderdale, Florida! This 180-foot waterfront gem with ocean access promises lucrative returns. Craft 12 opulent waterfront condos for an elite clientele, or tap into the upscale rental market with 15 unique units and 10 desirable boat slips available for rent. With Ft. Lauderdale Beach and Las Olas Boulevard nearby, tenants crave this location and its amenities. Alternatively, it can be transformed into an exclusive Airbnb hotspot, leveraging its current boutique hotel operation. Don't miss this chance to make your mark in Ft. Lauderdale's coveted locale. The listing agent must be present for all showings.
More Information MLS# F10433701
Contract Information
Comp Sale YN: No
Listing Contract Date: 2024-04-15
Status: Closed
Original List Price: 8800000
Sold Price: $8,650,000
Current Price: $8,650,000
Location and Legal
County Or Parish: Broward
County Parish Name: Broward
City Name: Fort Lauderdale
Postal Zip: 33301
Development Name: Villa Venezia
Geographic Area: FTSE - Ft Lauderdale SE (3280;3600;3800)
Country: United States
Street Number: 132
Street Name: Isle Of Venice
Street Suffix: Drive
State Or Province: FL
Postal Code: 33301
Postal Code +4: 4050
Subdivision Name: Nurmi Isles Island 4 24-4
Area: 3280
Parcel Number: 504201120450
Zoning: RMM-25
Directions: From US-1, go East on Las Olas Blvd., go to Isle of Venice, and turn left at 132 Isle of Venice.
Currently Not Used
Number Of Units Total: 2
General Property Information
Living Area Main: 12500
Lot Size Dimensions: 21600
Gated Community YN: No
Water Frontage Feet: 180
Outdoor Living Spaces YN: Yes
Stories Total: 2
Pool Private YN: Yes
Spa YN: No
Property Sub Type: Quadruplex
Building Area Main: 15800
Year Built: 1964
Waterfront YN: 1
Office/Member Information
DXORIGMLSID: FLL
Status Change Information
Buyer Financing: Conventional
Major Change Timestamp: 2024-09-04T02:35:43Z
Major Change Type: Status Change
Status Change Date: 2024-09-06
Under Contract Date: 2024-06-30
Close Date: 2024-09-03
Close Price: 8650000
Accessibility Features
Customized Wheelchair Accessible: 1
Association Amenities
Laundry: 1
Exterior Features
Barbecue: 1
Built-in Barbecue: 1
Outdoor Shower: 1
Flooring
Ceramic Tile: 1
Laminate: 1
Property Condition
Resale: 1
Special Information
Sold As-Is: 1
Co-Ownership
Property Management YN: No
Documents Available
Accounting Statements: 1
Appraisal: 1
Existing Survey: 1
Possession
Negotiable: 1
Sewer
Public Sewer: 1
Utilities
Cable Available: 1
Heating
Electric: 1
Separate Meters: 1
Sprinkler Description
Auto Sprinkler: 1
Water Access
Ocean Access: 1
Construction Materials
CBS: 1
Listing Terms
1031 Exchange: 1
Cash: 1
Conventional: 1
Pool Features
In Ground: 1
Roof
Other: 1
Water Source
Public: 1
Waterfront Features
Canal Front: 1
No Fixed Bridges: 1
Boat and Dock Information
Dock: Yes
Boat and Dock Features
Deeded Dock: 1
Private Dock: 1
Cooling
Central Air: 1
Showing Requirements
Call Listing Agent: 1
Restrictions
Other Restrictions: 1
Storm Protection Details
High Impact Door: 1
Tax Information
Tax Reflects No Exemptions: 1
Canal Width
Canal Width 121 Feet or More: 1
Outdoor Living Spaces
Balcony: 1
Patio: 1
Porch: 1
Contingencies
None: 1
Concessions
Seller Concessions: No
Unit 1 Details
Actual Rent: 2800
Baths Full: 1
Beds Total: 1
Efficiency YN: No
Furnished: Furnished
Hotel Room YN: No
Unit 1 Lease Description
Lease Term: Month To Month
Unit 1 Parking Features
Other: 1
Unit 2 Details
Actual Rent: 3900
Baths Full: 2
Beds Total: 2
Efficiency YN: No
Furnished: Furnished
Hotel Room YN: No
Unit 2 Lease Description
Lease Term: Month To Month
Unit 2 Parking Features
Other: 1
Price Calculations
Current Price To SqFt: 692
Original List Price To Close Price: 0.98
Section Details
Parcel Number MLX: 0430
Acreage Description
1/2 To Less Than 1 Acre Lot: 1
Financial Information
Tax Annual Amount: 66000
Tax Year: 2023
Tax Legal Description: NURMI ISLES ISLAND NO 4 24-43 B LOT 37
Originating Details
Originating System Key: 580749670
Originating System ID: M00000170
Property Features
Accessibility Features: Customized Wheelchair Accessible
Association Amenities: Laundry
Documents Available: Accounting Statements; Appraisal; Existing Survey
Exterior Features: Barbecue; Built-in Barbecue; Outdoor Shower
Flooring: Ceramic Tile; Laminate
Property Condition: Resale
Boat and Dock Features: Deeded Dock; Private Dock
Construction Materials: CBS
Cooling: Central Air
Heating: Electric; Separate Meters
Listing Terms: 1031 Exchange; Cash; Conventional
Pool Features: In Ground
Possession: Negotiable
Restrictions: Other Restrictions
Roof: Other
Sewer: Public Sewer
Special Information: Sold As-Is
Sprinkler Description: Auto Sprinkler
Storm Protection Details: High Impact Door
Tax Information: Tax Reflects No Exemptions
Utilities: Cable Available
Water Access: Ocean Access
Water Source: Public
Waterfront Features: Canal Front; No Fixed Bridges
Canal Width: Canal Width 121 Feet or More
Showing Requirements: Call Listing Agent
Outdoor Living Spaces: Balcony; Patio; Porch
Unit 1 Parking Features: Other
Unit 2 Parking Features: Other
Contingencies: None
Acreage Description: 1/2 To Less Than 1 Acre Lot
Listing Office:
Compass Florida, LLC
Last Updated: January - 24 - 2026
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