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$1,398,000
Listing ID: F10361955
226 Algiers Ave, Lauderdale By The Sea, FL 33308
4 Beds
4 Baths
4,567 Sqft
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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

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Property Info
Property Type : Single Family Home
Property Status : For Sale
Listing ID : F10361955
Price : $1,398,000
Bedrooms : 4
Bathrooms : 4
Half Bathrooms : 1
Square Footage : 4,567 Sqft
Days On Horizon Palm : 144
Year Built : 1955
Property Details
Pool : Yes
Garage : Yes
Garage Spaces : 3
Flooring : Other
Appliances : Dishwasher,Electric Water Heater,Microwave,Refrigerator,Self Cleaning Oven,Washer
Features
Heating System : Central, Electric
Cooling System : Electric
Exterior Features : Lighting, Fruit Trees, Storm/security Shutters
Interior Features : Bedroom On Main Level, First Floor Entry, Multiple Master Suites, Dual Sinks, Separate Shower
Waterfront : No
Construction Details
Architectural style : Two Story,Split-Level
Roof : Metal
New construction : Yes
Construction Materials : Block
Community
Community Features : Non-gated, Public Transportation, Laundry Facilities
Age Restrictive : No
HOA and Financial Details
Annual Taxes : $10,808
Tax Year : 2021
Utilities
Sewer Information : Public Sewer
Utilities for Property : Cable Available
Other
Virtual Tour : View Virtual Tour
Address Info
State : FL
County : Broward County
City : Lauderdale By The Sea
Subdivision : Silver Shores Sec Of Laud
Street : Algiers Ave
Street Number : 226
Floor Number : 0
Street Dir Suffix : Nw
Parcel Number : 494318071140
MLS Addon
Office Name : RE/MAX Consultants Realty 1
Agent Name : Howard Goldberg PA
On Market Date : 01/09/2023
Status Change Timestamp : 01/09/2023 07:22:28
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Disclaimer

No guarantee,warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Horizon Palm Realty expressly disclaims any liability in connection therewith. No financial or legal advice provided. Equal Housing Opportunity.


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The information being provided by Steller/HCAR/Beaches MLS is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any information relating to real estate for sale referenced on this website comes from Internet Data Exchange (IDX) program of Steller/HCAR/Beaches MLS. Real estate listings held by brokerage firms other than this site owner are market with IDX/MLS logo. Information deemed reliable but is not guaranteed accurate by Steller/HCAR/Beaches MLS.


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