Property profile

4220 Seagrape Dr Lauderdale-by-the-Sea, FL 33308

OFF-MARKET
Apartment buildings
Property ID
US18-4657938
Built 1956
Entity Owned 1-yr Hold
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Property summary

AI-generated overview

This exceptional four-unit apartment building presents a lucrative investment opportunity in the highly desirable Lauderdale-by-the-Sea, Florida. Located at 4220 Seagrape Dr, 33308, this 1956-built, single-story property boasts a prime location within walking distance of the beach and local entertainment. The property features three identical two-bedroom, two-bathroom units and one larger three-bedroom, three-and-a-half-bathroom unit, all meticulously renovated to modern standards. Each unit includes its own washer and dryer. The complex is enhanced by a private pool, ideal for relaxation and guest enjoyment. The units are individually rentable, making this property perfectly suited for short-term rentals such as Airbnb. Significant upgrades include new PVC plumbing extending to the street and a complete electrical system overhaul. This fully renovated property offers a luxurious retreat in a sought-after coastal location, promising exceptional returns for investors and homeowners alike. The asking price is $3,199,000. This turnkey investment is ready for immediate income generation. Don't miss this chance to own a piece of paradise in Lauderdale-by-the-Sea.

Property profile

Verified
Property type Apartment buildings
Year built 1956
UPID US18-4657938

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

4220 Seagrape Dr Lauderdale-by-the-Sea, FL 33308
Lauderdale-by-the-Sea metro
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Value estimations

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Owner & transaction history

since 2025
6 recorded transactions
2025
$3.0M
2022
Price N/A
2022
$1.6M
2020
$1.3M
2019
$1.1M
2017
$980,000

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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