4649 Bougainvilla Dr - Apartments FOR SALE


Lauderdale By The Sea, FL 33308
$1,395,000 USD
954-563-6800
4649 Bougainvilla Dr, Lauderdale By The Sea, FL for Sale
$1,395,000 USD
Apartments - FOR SALE
1/1
null | Request Cap Rate

4649 Bougainvilla Dr
Lauderdale By The Sea, FL 33308


HIGHLIGHTS

  • 4649 Bougainvilla Drive is a beach access apartment building just two blocks from the beach.
  • Of the five units, there is a large two-bedroom/ two-bath unit and four one-bedroom/ one-bath units.
  • Each apartment unit is equipped with central air conditioning and metered separately for electricity.
  • This beach area town offers so many amenities that tenants seek and are all within walking distance.
  • Lauderdale By The Sea achieves top rents and very low vacancies.

OVERVIEW

4649 Bougainvilla Drive is a five-unit apartment building located just two blocks from the beach. USA Today awarded the beachside town of Lauderdale by the Sea the third-best beach in the state of Florida for 2024. The area has a high walkability score, with retail, dining, and entertainment all within half a mile. The apartment building is less than half a block from Publix and CVS and 3/10 of a mile to tennis and pickleball courts. The property is currently rented to tenants on an annual basis. All units are equipped with central air conditioning and separate electric meters. There is also an on-site laundry for convenience. Inquire today for an appointment to view the property. Please drive by only; do not walk the property or disturb the tenants.

FOR SALE DETAILS

PRICE

$1,395,000 USD

PRICE/SF

$473 USD /SF

# OF UNITS

5

PRICE/UNIT

$279,000

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1967

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,098 SF

ZONING

RM-25

APN/PARCEL ID

49-43-18-01-2930

ASK ABOUT THIS PROPERTY

Ross Z. HermanThe Keyes CompanyMore Info
954-563-6800

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Ross Z. HermanThe Keyes CompanyMore Info
954-563-6800

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.