226 Algiers Ave Lauderdale By The Sea FL 33308 | F10361955

PRIME REDEVELOPMENT OPPORTUNITY IN THE HEART OF LAUDERDALE BY THE SEA! BUILD YOUR DREAM HOME A FEW BLOCKS FROM ANGLIN SQUARE "DOWNTOWN" LBTS INCLUDING RESTAURANTS, NIGHTLIFE, SHOPS & QUAINT BEACH. OVERSIZED 75 X 110 LOT WITH PLANS INCLUDED FOR 2-STORY COASTAL-INSPIRED HOME WITH 4 BRs, 4.5 BAs & OVER 4,200 SQ FT UNDER ROOF & POOL. CURRENTLY THERE IS AN EXISTING HOME WITH 3 BRs & 2 BAs ON PARCEL THAT IS RENTED OUT AT A RATE OF $4,500 PER MONTH GENERATING INCOME WHILE FINALIZING CONSTRUCTION PLANS & PERMITTING. THIS PURCHASE PRICE INCLUDES PERMITS & FEES. BUILDING COSTS ARE APPOXIMATELY 1.3 MILLION TO 1.5 MILLION DEPENDING FINISHES & SOIL TESTS. NEW CONSTRUCTION HOMES IN AREA SELL FOR 980.00 PER FOOT. LAUDERDALE BY THE SEA IS A LIFESTYLE EVENT EVERYDAY IN THIS BEACHSIDE TOWN! GC READY TO BLD

Property Details

Price:
$1,499,000
MLS #:
F10361955
Status:
Active
Beds:
4
Baths:
4.50
Address:
226 Algiers Ave
Type:
Single Family
City:
Lauderdale By The Sea
Listed Date:
Jan 9, 2023
State:
FL
Square Ft (approx):
4,567
ZIP:
33308
Subdivision:
Silver Shores Sec Of Laud
Lot Size:
8,254 sqft / 0.19 acres (approx)
Year Built:
1955

Schools

Interior

Cooling Description
Electric Cooling
Equipment Appliances
Dishwasher, Electric Water Heater, Microwave, Refrigerator, Self Cleaning Oven, Smoke Detector, Washer
Floor Description
Other Floors
Heating Description
Central Heat, Electric Heat
Interior Features
First Floor Entry
View
Garden View, Pool Area View

Exterior

Exterior Features
Exterior Lights, Fruit Trees, Laundry Facility
Front Exposure
North
Lot Description
Less Than 1/4 Acre Lot
Num Garage Spaces
3
Pool Description
Below Ground Pool
Pool Dimensions
24×14
Roof Description
Metal Roof
Subdivision Information
Courtesy Bus

Financial

Tax Amount
$10,808

Map

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226 Algiers Ave
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