226 Algiers Ave, Lauderdale By The Sea, FL 33308

$1,398,000
4
BD
5
BA
4,567
SqFt
List Price
$1,398,000
Price Change
▼ $101,000 1678217263
MLS#
F10361955
Bedrooms
4
Bathrooms
5
Sq. Ft
4,567
Lot Size
8,254
Subtype
Single
County
Broward
Community
Silver Shores Sec Of Laud - Silver Shores Sec Of Laud
Subdivision
Silver Shores Sec Of Laud
Year Built
1955

Property Description

PRIME REDEVELOPMENT OPPORTUNITY IN THE HEART OF LAUDERDALE BY THE SEA! BUILD YOUR DREAM HOME A FEW BLOCKS FROM ANGLIN SQUARE "DOWNTOWN" LBTS INCLUDING RESTAURANTS, NIGHTLIFE, SHOPS & QUAINT BEACH. OVERSIZED 75 X 110 LOT WITH PLANS INCLUDED FOR 2-STORY COASTAL-INSPIRED HOME WITH 4 BRs, 4.5 BAs & OVER 4,200 SQ FT UNDER ROOF & POOL. CURRENTLY THERE IS AN EXISTING HOME WITH 3 BRs & 2 BAs ON PARCEL THAT IS RENTED OUT AT A RATE OF $4,500 PER MONTH GENERATING INCOME WHILE FINALIZING CONSTRUCTION PLANS & PERMITTING. THIS PURCHASE PRICE INCLUDES PERMITS & FEES. BUILDING COSTS ARE APPOXIMATELY 1.3 MILLION TO 1.5 MILLION DEPENDING FINISHES & SOIL TESTS. NEW CONSTRUCTION HOMES IN AREA SELL FOR 980.00 PER FOOT. LAUDERDALE BY THE SEA IS A LIFESTYLE EVENT EVERYDAY IN THIS BEACHSIDE TOWN! GC READY TO BLD

Additional Information

Front Exposure
North
Pets Allowed
Yes
Status Label
ACTIVE
Construction
Cbs Construction
Equipment
Dishwasher, Electric Water Heater, Microwave, Refrigerator, Self Cleaning Oven, Smoke Detector, Washer
Flooring
Other Floors
Heating
Central Heat, Electric Heat
Lot Description
Less Than 1/4 Acre Lot
Parking
Circular Drive, Covered Parking, Golf Cart Parking
Bedroom Description
2 Master Bathrooms, Dual Sinks, Separate Tub & Shower
Taxes
$10,808
View
Garden View, Pool Area View
Private Pool
Yes
Acres
0.19
Price Per Sqft
$306

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Listing courtesy of RE/MAX Consultants Realty 1. Contact: