Lauderdale By The Sea, FL 33308,4417 Poinciana ST
Lauderdale By The Sea, FL 33308,4417 Poinciana ST
Lauderdale By The Sea, FL 33308,4417 Poinciana ST
Lauderdale By The Sea, FL 33308,4417 Poinciana ST
Lauderdale By The Sea, FL 33308,4417 Poinciana ST
Lauderdale By The Sea, FL 33308,4417 Poinciana ST
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Listed by Arbor Residential
Bought with G & E Realty Group, Inc

$230,000

$2,600,000

91.2%
Est.Price: ?

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Est. payment /mo

8 Baths

0.55 Acres Lot


SOLD DATE : 08/23/2024

Key Details

Sold Price $230,000

Property Type Commercial

Sub Type MultiFamily (5+ Units)

Listing Status Sold

Purchase Type For Sale

MLS Listing ID RX-10982649

Sold Date 08/23/24

Year Built 1973

Annual Tax Amount $18,055

Tax Year 2023

Lot Size 0.550 Acres

Property Description

4417 Poinciana St is situated where beachside charm meets lucrative investment potential. Ideally located walking distance from the beach lined with colorful shops, boutiques, and eateries. There are two buildings,; one being a 2 story where tenants can view the ocean from their front window and patio.There are many vacation rentals/Airbnb's operated properties surrounding this property and the demand for shorter term stays in this area is very high. The reason why the property is not currently operated as an Airbnb is because there is an assumable Freddie Mac loan on the property which restricts the use, otherwise that is how it would be operated. This property is being sold separately as a quadplex or in tandem with the adjacent property, 4421 Poinciana Street.

Location

State FL

County Broward

Area 3130

Zoning RESIDENTIAL(R)

Interior

Heating Central Individual

Cooling Central Individual, Wall-Win A/C

Flooring Tile

Fireplaces Type Smoke Alarm, Smoke Detector

Exterior

Utilities Available Cable, Electric, Municipal Water

Waterfront No

Roof Type Flat Tile

Building

Story 100.00

Foundation CBS

Others

Acceptable Financing Assumable-Qualify, Cash, Conventional

Listing Terms Assumable-Qualify, Cash, Conventional

Financing Assumable-Qualify,Cash,Conventional

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