Advertise
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
    New search
    Property profile & analytics
    FOR SALE
    Small apartment buildings

    4512 Sea Grape Dr, Lauderdale by the Sea, FL 33308

    Built 1960
    Property ID
    US18-5108114
    4512 Sea Grape Dr, Lauderdale by the Sea, FL 33308 For Sale 1 / 61
    $1,350,000
    4512 Sea Grape Dr, Lauderdale by the Sea, FL 33308
    View Listing →
    Google Maps
    Property summary
    AI-generated overview

    This meticulously maintained 1960-built duplex in Lauderdale-by-the-Sea, Florida (33308), presents a compelling investment opportunity. Located at 4512 Seagrape Dr, this single-story property boasts a prime location, just steps from the beach, shops, restaurants, and entertainment. The duplex features two spacious 2-bedroom, 2-bathroom units, each with updated amenities. Unit 1 is currently rented at $3000 per month, while Unit 2 commands a $4000 monthly rent under a one-year lease. Both units feature attractive terrazzo floors, updated kitchens, and generous living spaces. Unit 2 also includes a large sunroom or family room. Additional features include two screened patios per unit, in-unit washer/dryers, and a two-car garage. Recent upgrades include a 2019 tile roof, 2018 hurricane windows, and a newer central heating and air conditioning system. The property sits on a large lot with lush tropical landscaping. The existing structure offers significant potential for expansion, allowing for the creation of additional units to further enhance the investment return. This is an exceptional opportunity for investors seeking a high-yield property in a highly desirable coastal location.

    Property profile
    Verified
    Property type Small apartment buildings
    Year built 1960
    UPID US18-5108114
    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
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Try Rey
    Ask anything about this address in plain English.
    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    4512 Sea Grape Dr, Lauderdale by the Sea, FL, 33308
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!