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23300214
23300213

1354 Bayview Dr, Fort Lauderdale, FL 33304

RMT Real Estate Company
Listed by RMT Real Estate Company
$5,450,000
391 days on market
Updated 111 days ago

Bayview

Details
Property Type Multifamily
Sub Type Apartment Building
Net Rentable (SqFt) 9,061
Units 14
Occupancy 100%
Class B
Year Built 1959
Stories 2
Lot Size (SqFt) 19,298
Zoning RMM-25
Parking Spaces spaces
Ground Lease No

Rare Waterfront Investment Opportunity on Seminole Lake with Ocean Access!

Marketing description

Don't miss this exceptional chance to acquire a substantial multifamily property directly on Seminole Lake, offering coveted ocean access. This impressive 9,061 square foot building is situated on a generous 19,298 square foot lot in a prime Fort Lauderdale location.

This property features a total of 14 units, providing a strong income stream with a desirable tenant mix. Twelve (12) units are currently under annual leases, offering stable, long-term revenue. Additionally, there are two (2) dedicated short-term rental units, presenting significant potential for increased income through flexible leasing options catering to vacationers and short-term stays.

Boasting valuable waterfrontage with no fixed bridges, this property is a boater's dream. It includes four (4) private dock slips, providing direct access to Seminole Lake and the Intracoastal Waterway, leading directly to the ocean.

This is a unique opportunity to own a well-positioned multifamily asset with a blend of stable long-term income and high-potential short-term rental revenue, all while enjoying direct waterfront access in a sought-after location.

Investment highlights

  • Location: Seminole Lake, Deerfield Beach (Ocean Access - No Fixed Bridges)

  • Building Size: 9,061 Square Feet

  • Lot Size: 19,298 Square Feet

  • Total Units: 14

    • 12 Units on Annual Lease

    • 2 Dedicated Short-Term Rental Units

  • Waterfront: Direct frontage on Seminole Lake

  • Dockage: 4 Private Dock Slips

Listing Contacts

RMT Real Estate Company
Listed by RMT Real Estate Company

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Additional Information

Name
Robert Tolkan RMT Real Estate Company
License
3155116
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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