3 months on rocket

Backup Offers

50 Isle Of Venice Dr, Fort Lauderdale, FL, 33301

$6,600,000

0 Baths
Multi

Location

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Property Highlights

Home TypeQuadruplex
Year Built1987
HeatingOther
CoolingOther
WaterfrontBay Front, Ocean Access, Other, Seawall
MLS #A11657132
StatusAccepting Backup Offers
(Active Under Contract)

About 50 Isle Of Venice Dr

Attention developers & investors—50 Isle of Venice Drive offers a rare opportunity to create a boutique multifamily 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.

Property Details

Property Features

Property Information:

  • Architectural Style: Fourplex
  • Year Built: 1987

Listing Office:

  • Office Name: Compass Florida, LLC.
  • Office Phone: (305) 851-2820
  • Listing Agent: Alex Miranda

Interior Features

Interior Information:

  • Flooring Type: Other

Exterior Features

Exterior Information:

  • Waterfront: Bay Front, Ocean Access, Other, Seawall

Virtual/3D Tour

  • Virtual Tour: 50 Isle Of Venice Dr
Virtual Tour

Utilities

Utilities Information:

  • Heating: Other
  • Cooling: Other

Price Information

Listing Price Info

Price Summary:

  • List Price: $6,600,000

HOA Fees:

  • Amount: $0
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $22,024
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Fort Lauderdale, FL.

Med. Sold Price

$480.9K

Med. Price/SqFt

$364

Avg. Days On Market

84

# of Sold Homes

90

50 Isle Of Venice Dr vs Fort Lauderdale

97 DAYS ON ROCKET

+13 Days

$6,600,000

+$6.1M More

KEY TAKEAWAY

This property is $6.1M more than the Median Sold Price in Fort Lauderdale, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: SEFMIAMI
  • MLS Number: #A11657132

Listing Office:

  • Office Name: Compass Florida, LLC.
  • Office Phone: (305) 851-2820
  • Listing Agent: Alex Miranda

IDX © 2024 Miami Association of REALTORS®. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Miami Association of REALTORS®. All information is deemed reliable but not guaranteed by the MLS and should be independently verified. The MLS, this broker and their affiliates provide all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This property is offered without respect to any protected classes in accordance with the law.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/18/2024, 1:20:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$22,024$1,078,930
2019$26,015$1,078,930
2018$24,490$1,370,160
2017$24,490$1,314,830

History based on county public records data.

Payment Calculator

$33K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$19.8K

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4311145
10
/10
  • Virginia Shuman Young Elementary School

  • 101 NE 11th Ave

  • 0.80 miles

  • Public Magnet Grades PK-5

school-card-donut-4311146
10
/10
  • Bayview Elementary School

  • 1175 Middle River Dr

  • 1.34 miles

  • Public District Grades KG-5

school-card-donut-4311147
8
/10
  • Harbordale Elementary School

  • 900 SE 15th St

  • 1.60 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $89,583. Residents of Fort Lauderdale, FL typically earn between $35k-100k each year. Most families are single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

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Rocket HomesFloridaBroward CountyFort Lauderdale3330150 Isle Of Venice Dr

This home is located at 50 Isle Of Venice Dr in Fort Lauderdale, FL and zip code 33301 in the Hendricks and Venice Isles neighborhood. This home was built in 1987. It has been listed on Rocket Homes since September 11, 2024 and is currently priced at $6,600,000.

Over 9 listings were sold over their listed price in November 2024 in Fort Lauderdale, FL. In the same period over 70 listings were sold below the listed price and 11 listings were sold for the listed price. In November 2024 in Fort Lauderdale, FL there were 11.6% more homes for sale than in October 2024. In November 2024, listings were on the market for 84 days. During the same period, the median list price in this real estate market was $480,941.

From Rocket Homes Real Estate and based on county public records data.

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