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28713043
28713042

4524 Seagrape Dr, Lauderdale By The Sea, FL 33308

AL
FL SL3013958
RE/MAX Preferred
Listed by RE/MAX Preferred
$5,898,000
226 days on market
Updated 181 days ago

Sky Villa North - Investment Opportunity

Details
Property Type Multifamily
Sub Type Single Family Rental Portfolio, Duplex
Square Footage 8,200
Net Rentable (SqFt) 6,800
Units 2
Cap Rate 8.48%
NOI $500,000
Occupancy 90%
Pro-Forma Cap Rate 11.02%
Pro-Forma NOI $650,000
Price per SqFt $719
Broker Co-Op Yes
Class A
Year Built 2025
Buildings 1
Stories 3
Lot Size (SqFt) 9,376
Zoning RD10
Parking Spaces 6 per unit
Investment Type Owner/User
Occupancy Date 11/30/2025
Ownership Sky360 Development
Sale Condition For sale by owner

Dual Luxury Villas | Live or Rent | High ROI | No HOA | Steps from Beach | Completion Dec 2025

Marketing description

Investor Opportunity – Dual Villas Just 3 Blocks from the Beach
Completion December 2025. This luxury two-villa property presents a rare opportunity for investors or owner-occupants seeking strong rental income or dual-residence flexibility. Live in one and rent the other, or lease both for premium returns in a highly desirable beachside location.

Each Villa features a private backyard with a heated/chilled pool, outdoor fireplace, summer kitchen, and optional deep-water dock access for boating enthusiasts. Inside, enjoy a custom German kitchen with a gas cooktop, built-in espresso/coffee maker, hidden walk-in pantry, and wine bar. The oversized primary suite includes a private balcony and a spa-inspired bath with a rain-dome shower, slipper tub, and dual vanities.

A private elevator, four-car garage with car-lift system, and private driveway for four additional vehicles add exceptional convenience.

Whether you’re building your portfolio or creating a live-and-rent coastal retreat, this property combines long-term income potential with a resort-style lifestyle just steps from the sand.

Investment highlights

  • 4,284 Sq. Ft. total
  • 3,324 Sq. Ft. under air
  • 4-5 Bedrooms
  • 4 Bathrooms
  • Private pool & spa
  • Spacious backyard
  • Gas fire features and cascading water features surround your pool
  • Thoughtfully designed landscaping offering you complete privacy
  • Spacious yard that is pet friendly, and kid friendly
  • Ample space for outdoor living and dining
  • Sink and refrigerator
  • 36" Lynx Grill
  • SubZero 36" Fridge & Freezer
  • Wolf 36" Gas Cooktop
  • Wolf 30" Built-In Oven(s)
  • Miele Built-In Coffee System
  • Wolf 30" Drawer Microwave
  • Asko 24" Dishwasher
  • SubZero Full Length Wine Cooler
  • German-made cabinetry
  • Premium imported cabinetry
  • 11 Ft ceiling clearance
  • Floor to ceiling impact windows
  • Premium porcelain flooring
  • Impact seamless glass doors opening to the outdoor living areas
  • 4 bedrooms
  • Loft/optional 5th
  • Bedroom 4 bathrooms
  • 3,445 sq. Ft.
  • Fully equipped summer
  • Kitchen
  • Private pool & spa
  • Rooftop terrace
  • Smart Lighting & Automated Shades : Control lighting & automated shades via smartphone or voice command Schedule lights, and adjust shades enhancing comfort, privacy, and energy efficiency. Whether home or away, you stay in control
  • Climate Control, Anywhere : Manage air-conditioning remotely, keeping your home at the perfect temperature. Set schedules, adjust settings by room, and optimize energy use, all from your phone.
  • Security, Smarter and Safer : Seamlessly integrate surveillance cameras & alarm systems. Monitor live camera feeds, receive instant security alerts, and arm or disarm the system remotely. Whether you're at home or away, you have peace of mind knowing your property is always protected.
  • Smart Access : Lock and unlock doors, open the garage, and manage entry points remotely. Ideal for guests, deliveries, or peace of mind. The system can simulate your daily routines by adjusting lights, music, and shades, making the home appear occupied. It’s convenience and security, working together.

Listing Contacts

AL
FL SL3013958
RE/MAX Preferred
Listed by RE/MAX Preferred

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$500,000.00
$41,666.67/mo

Valuation Metrics

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DSCR
8.48%
Cap Rate
8.48%
ROI

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Additional Information

Name
Andrea Lowy
License
SL3013958
Brokerage
REMAX Preferred
Brokerage Phone
9543965900
Title
Linda Burt
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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