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    Apartment buildings

    4412 Tradewinds Ave, Lauderdale-by-the-Sea, FL 33308

    Built 1972
    Property ID
    Property summary
    AI-generated overview

    This meticulously renovated 2-unit duplex in Lauderdale-by-the-Sea, Florida presents a unique investment opportunity. Situated on a triple-street corner at the intersection of E Tradewinds Ave, Neptune Ave, and Harbor Dr, this property boasts exceptional proximity to the beach – just four blocks away! The property, built in 1972 and featuring two stories, includes two distinct units. Unit 1 offers a spacious two-story layout with three bedrooms and two and a half bathrooms. A highlight is the oversized primary suite, complete with a sitting/TV area. This unit also features a gorgeous custom kitchen with quartz countertops and stainless steel appliances, indoor laundry, and an attached one-car garage. A 2021 tankless water heater ensures modern efficiency. Unit 2, a two-bedroom, two-bathroom unit, is currently utilized as an Airbnb, demonstrating strong rental potential. Extensive 2021 renovations encompass a new roof, exterior paint, new plumbing, HVAC system, impact windows, flooring, impact garage doors, and an updated electrical panel. Parking is ample, accommodating up to six vehicles. The property's design offers the feel of a single-family home, providing privacy and comfort. This turnkey investment is located in a highly desirable area and presents a rare opportunity to own a beautifully updated property near the beach. The asking price is $1,799,000.

    Property profile
    Verified
    Property type Apartment buildings
    Year built 1972
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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