$995,000 4609 Bougainvilla Dr. Lauderdale By The Sea, FL

MLS: A10477322   Type: Income   County: Broward   City: Lauderdale By The Sea   Area: 3130   Neighborhood: Lauderdale By The Sea   Zip: 33308   Style: Fourplex     Stories: 1   Taxes: $10,195

Mortgage $4,671 /mo



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Income Property in Lauderdale by The Sea, currently conforming with 6 units but could be modified to 4 - 1 bedroom units 1/2 block to the beach. Currently 100% leased with annual tenants and a history of 100% occupancy. Almost 3000 sq feet of leasable space and a full lot of 6250 sqft provides investors with consistent annual rental income. In clean original condition and small upgrades this property runs itself with the manager of 18 years in one of the units with a minimum rent deduction. Amenities in the area are some of the best beaches in FL, grocery shopping steps away, full service mini mall, restaurants, bars, public tennis courts and more. Summary with rent rolls available upon request. Please DO NOT walk the property respecting the tenant privacy.

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Price History

5/29/2018 Listed $995,000

Approximate Lot Size 6250
Area 3130
HOA Fee 0
Pool Y/N No
Property Type Residential Income
Property Type Information Detached
Section 18
Spa Yn No
Status Active
Style Fourplex
Subdivision Complex Bldg Lauderdale by the Sea
Subdivision Name Lauderdale by the Sea
Terms Considered All Cash, Conventional, Other Terms
Total Expenses 20000
Township Range 49
Type of Association None
Type of Property Fourplex
Year Built 1965
Year Built Description Resale
Zoning Information MULTI

Interior Features

Cooling Description Wall/Window Unit Cooling
Flooring Ceramic Floor
Heating Description Window/Wall
Sq Ft Liv Area 2934
Sq Ft Total 6250
Total Units 6
Unit Count 2

Exterior Features

Construction Type CBS Construction
Lot Description 1/4 To Less Than 1/2 Acre Lot
Parking Spaces 6
Roof Description Composition Roll
Sewer Description Municipal Sewer
Sprinkler Description Auto Sprinkler
Storm Protection Complete Panel Shutters/Awnings
Water Access Type Deeded Beach Access, Dock Available, Unrestricted Salt Water Access
Waterfront Property No

Property Schools

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Property vs Zip Code Avg (33308)

Price 995K Avg 821K

Sqr Feet 2,934 Avg 2,633

Cost / Sqr Ft $339 Avg $312

Taxes $10,195 Avg $10,308

Visits 29 Avg 47

Days on Site 48 Avg 139

Walkscore® 64 Avg 60

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Listing Provided Courtesy Of: One Sotheby's Int'l Realty

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Location & Address

Kate Smith
20200 West Dixie Hwy, Suite 604
Aventura, FL