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50 Isle of Venice Dr, Fort Lauderdale, FL 33301 listing image 1

For Sale

$6,100,000

$500k

50 Isle of Venice Dr, Fort Lauderdale, FL 33301

0Bed
0Bath
-SqFt

0Bed
0Bath
-SqFt

Property Type
Condo
Year Built
1987
On highrises
126 Days

Property Details

Attention Developers & Investors! 50 Isle of Venice Drive offers a rare opportunity to develop a boutique multi family residence or luxury condo project in the prestigious Las Olas Isles. This cleared, unimproved lot features 120 feet of waterfront with no fixed bridges, offering direct ocean access. The 14, 400 sq ft (0.33 acres) lot comes with approved plans from the City of Fort Lauderdale Planning and Zoning Committee and the Development Review Committee (DRC) for a 5-story building with 8 spacious units and 8 private boat slips. All permits are current. Located in a prime area surrounded by luxury residences, this property is just minutes from world-class shopping, dining, and beaches.

Property Features

Bedrooms

Bedrooms: 0

Bathrooms

Total Bathrooms: 0

Waterfront and Water Access

Bayfront
OceanAccess
Seawall

Exterior and Lot Features

Frontage Length: 120

Land Info

Lot Description: QuarterToHalfAcreLot

Homeowners Association

Association: No
Association Fee Frequency: Monthly
Calculated Total Monthly Association Fees: 0

Other Property Info

Annual Tax Amount: 26498
Source Listing Status: Active
County: Broward
Tax Year: 2023
Source Property Type: ResidentialIncome
MLS Area Minor: Ft Ldale SE (3280;3600;3800)
Source Neighborhood: NURMI ISLES ISLAND NO 4
Parcel Number: 504201120640
Postal City: Fort Lauderdale
Postal Code Plus 4: 4022
Subdivision: NURMI ISLES ISLAND NO 4
Zoning Description: RMM-25
Property Subtype: Quadruplex
Source System Name: C2C

Building and Construction

Year Built: 1987
Property Age: 38
Year Built Details: New Construction
Architectural Style: Fourplex

Utilities

Sewer: PublicSewer
CableNotAvailable
Water Source: Public

Property History

Property Price

Date	Event	Price	Price/Sq Ft	Source
01/04/2025	Price Changed	$6,100,000	-	MiamiMLS
01/04/2025	Price Changed	$6,100,000	-	MiamiMLS
09/11/2024	Listed	$6,600,000	-	MiamiMLS
09/11/2024	Listing removed	-	-	MiamiMLS
09/10/2024	Listed	$6,600,000	-	MiamiMLS
09/06/2024	Listed	$6,600,000	-	MiamiMLS
01/04/1989	Sold	$420,000	$121	Public Record

Property Tax

Year	Taxes	Land	added to	Additions	equals	Total assessments
2022	$22,145	$864,000	+	$214,930	=	$1,078,930
2021	$22,129	$864,000	+	$214,930	=	$1,078,930
2020	$22,024	$864,000	+	$214,930	=	$1,078,930
2019	$21,295	$864,000	+	$214,930	=	$1,078,930
2018	$26,015	-	+	-	=	$1,370,160
2017	$24,489	$864,000	+	$450,830	=	$1,314,830
2016	$22,669	$864,000	+	$278,600	=	$1,142,600

Neighborhood

Environmental Risk

Nearby Home Values

Address	Estimate	Bed	Bath	Sq Ft	Lot (sq ft)
25 Hendricks Isle Apt 305	$1.4M	3	3	2320	2320
333 Las Olas Way Apt 2601	$900K	2	2	1161	1161
100 N Federal Hwy Apt 528	$400K	1	1	790	790
411 N New River Dr E Apt 2806	$1.9M	3	4	2635	2635
161 Isle of Venice Dr Apt 301	$1.8M	3	4	2128	2128
333 Sunset Dr Apt 705	$795K	1	2	1410	1410

Presented by:
The Alex + Joe Team
state license#3203583

Brokered by:
COMPASS
(305) 851-2820

Broker Location:

Miami

Data Source:

MiamiMLS

Source's Property ID:

A11657132

Data Source Copyright:

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$6,100,000

$500k

50 Isle of Venice Dr, Fort Lauderdale, FL 33301