Closed

Silver Shores, 231 Lake Ct, Lauderdale By The Sea, FL 33308

3,350,000(-13.43% )
$2,900,000Price
4,418SqFt

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Details

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Status:
Sold - Jun 07, 2024
Size: 4,418 SqFt (410 m2)
Price: $656/SqFt ($7,066/m2)
Type: Multi Family
Built: 1971
MLS Number: F10414346
On Site: 592 Days
Updated: 410 Days ago
Page Views: 0
An extraordinary opportunity to acquire an impressive 145-foot waterfront 4-unit apartment building in the heart of lauderdale-by-the-sea. The property is in close proximity to the ocean and offers direct access to the intracoastal without any fixed bridges. The building consists of four units, each with breathtaking waterway views, ample natural light, spacious living areas, and plenty of storage. Additionally, the property offers a variety of amenities that make it an excellent investment. There is a sizable private pool, an oversized three-car garage, and plenty of guest parking. Its prime location, potential for long or short-term rental income, and opportunities for dockage revenue make it an enticing investment opportunity not to be missed.
Features
Bedrooms
    Bathrooms
      Exterior and Lot Features
      • Exterior Features: Balcony
      Interior, Heating and Cooling
      • Heating Description: Central
      • Cooling Description: CentralAir, CeilingFans
      Building and Construction
      • Floor Description: Tile
      • Year Built: 1971
      • Year Built Description: Resale
      • Style: Fourplex
      Waterfront and Water Access
      • Waterfront Frontage: Yes
      School Information
        Other Property Info
        • Listing Date: 2023-12-18T17:02:40.000-00:00
        Taxes, Fees & More
        • Taxes: 21596
        • Total Units in Building: 4

        Price History

        06/07/2024

        Date

        Sold

        Event

        $2.9M

        Price

        -13.43%

        Change Rate

        $656 ft2 / $7,066 m2

        Price Per

        12/18/2023

        Date

        Listed

        Event

        $3.4M

        Price

        $758 ft2 / $8,162 m2

        Price Per

        Price per square foot and days on website are not provided values and are calculated by Subdivisions.

        Listed by My Hien DomeikaColdwell Banker Realty • Buyer Agency Compensation .

        Instant Comps

        $200/ft²
        $400/ft²
        $700/ft²
        $900/ft²

        Unit 231 Lake Ct – Asking

        $656/ft²

        (+27%) from Closed Medium $/ft²

        Closed Medium $/ft²

        $516/ft²
        Community $/Price Range (Closed) $359/ft² – $789/ft²
        No Comparable Units Found: We couldn't locate comparable properties at this time. Contact us for a FREE, no-obligation Comparative Market Analysis (CMA) from a licensed RE advisor.
        THINKING OF SELLING IN Silver Shores at Lauderdale By The Sea?

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        Lauderdale By The Sea
        Mid-Tier Homes & Condos

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