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50 Isle of Venice Dr

0.33 Acres of Residential Land Offered at £5,250,432 in Fort Lauderdale, FL 33301

Investment Highlights

  • Unique opportunity to develop a boutique multi-family residence or upscale condo project in highly sought-after Las Olas Isles
  • 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

Property Facts

Price £5,250,432
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Residential
Total Lot Size 0.33 AC

1 Lot Available

Lot

Price £5,250,432
Price Per AC £15,910,400
Lot Size 0.33 AC

NURMI ISLES ISLAND NO 3 24-42 B LOTS 55 & 56

Description

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 partially 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 an almost shovel-ready opportunity in an exclusive setting with plans are available upon request.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
50-42-01-12-0640
Land Assessment
£0
Improvements Assessment
£0
Total Assessment
£841,198

zoning

Zoning Code RMM-25 (Residential Multifamily Mid-rise development)
RMM-25 (Residential Multifamily Mid-rise development)
  • Listing ID: 33109486

  • Date on Market: 09/09/2024

  • Last Updated:

  • Address: 50 Isle of Venice Dr, Fort Lauderdale, FL 33301

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