For Sale
$3,199,000

4220 Seagrape DrLauderdale-by-the-Sea, FL 33308

Luxury Waterfront 4-Plex, High ROI

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional four-unit apartment building presents a lucrative investment opportunity in the highly desirable Lauderdale-by-the-Sea, Florida. Located at 4220 Seagrape Dr, 33308, this 1956-built, single-story property boasts a prime location within walking distance of the beach and local entertainment. The property features three identical two-bedroom, two-bathroom units and one larger three-bedroom, three-and-a-half-bathroom unit, all meticulously renovated to modern standards. Each unit includes its own washer and dryer. The complex is enhanced by a private pool, ideal for relaxation and guest enjoyment. The units are individually rentable, making this property perfectly suited for short-term rentals such as Airbnb. Significant upgrades include new PVC plumbing extending to the street and a complete electrical system overhaul. This fully renovated property offers a luxurious retreat in a sought-after coastal location, promising exceptional returns for investors and homeowners alike. The asking price is $3,199,000. This turnkey investment is ready for immediate income generation. Don't miss this chance to own a piece of paradise in Lauderdale-by-the-Sea.

Highlights

  • Four-unit apartment building in desirable Lauderdale-by-the-Sea, FL.
  • Located at 4220 Seagrape Dr, 33308.
  • 1956 construction, single-story building, walking distance to beach.
  • Three identical 2/2 units and one larger 3/3.5 unit, all recently renovated.
  • Each unit features in-unit laundry.
  • Private pool.

Property Details for 4220 Seagrape Dr

Property type
Apartment buildings, Small apartment buildings
Year Built
1956
Stories
1

Location Insight

City
Lauderdale-by-the-Sea
County
Broward
State
Florida
Latitude
26.1865847
Longitude
-80.0981106
4220 Seagrape Dr, Lauderdale-by-the-Sea, Florida

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4220 Seagrape Dr
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