Property summary
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.
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