50 Isle Of Venice Dr, Fort Lauderdale, FL 33301

$6,600,000 Asking Price

Attention developers & investors—50 Isle of Venice Drive offers a rare opportunity to create a boutique multi-family residence or condo development in the prestigious Las Olas Isles. This cleared, unimproved commercial lot features 120 feet of waterfront with no fixed bridges for direct access to the open ocean. The 14,400 sq ft (0.33 acres) lot is approved for a 5-story building with up to 8 large units & 8 boat slips. Located on a street lined w/ luxury residences, this site is ready for development. Residents will enjoy the natural beauty and luxury lifestyle of Las Olas Isles, with premier shopping, dining, and the beach just five minutes away by car. This is a shovel-ready opportunity in an exclusive setting with plans are available upon request.

Features & Amenities

Location

Road/Access:
Other Road, Public Road
Originating MLS:
Miami Association of REALTORS®
County:
Broward County

Lot

Zoning:
RMM-25, NURMI ISLES ISLAND NO 4 24-43 B LOT 52, 504201120640
View:
Bay View, Ocean View, Other Water View
Current Use:
Unimproved Multi Family (5+Units), Unimproved Hotel/Motel

Utilities

Utilities:
Other Utilities Available, Other
Water:
Municipal Water
Sewer:
Public

Financial

Source:
Miami Association of REALTORS®

This listing courtesy of:
Compass Florida, LLC., Alex Miranda

About Fort Lauderdale, FL

Housing

Number of Units
390,485
Median Home Value
$338,210
Median Rent
$1,370

38.68% of housing units are renter occupied.

10.95% are vacant.

Commute

Car
68.93%
Public Transportation
2.15%
Walk to Work
1.00%
Work from Home
26.43%
Other
1.03%

The median travel time to work is 23 minutes.

People

Population
847,168
Median Age
40.60
Median Household Size
2.68

Education

High School
25.09%
Associate’s Degree
9.23%
Bachelor’s Degree
22.25%
Graduate Degree
14.19%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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