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$11,900,000

Beds
12
Baths
11.0
sq ft
8,134

623 Bayshore Dr, Fort Lauderdale, FL 33304

623 Bayshore Dr

Fort Lauderdale, FL 33304

  • 3 days on market
Location! Location! Location! This Spectacular Waterfront 11 unit Multi family complex is just steps away from the Pristine sands of Fort Lauderdale Beach and the Gorgeous Turquoise Ocean! Only 4 blocks off the World Famous Las Olas Blvd! Stunning Intercoastal waterway views from every direction! This is a Developers dream location or keep it as it is and enjoy 11 rental units with amazing possibilities. Waterfront Opportunities like this are extremely hard to find and have been vanishing at record speeds. Don't miss one of last remaining waterfront sites available in one of the worlds best Travel destinations.

Details

Property type

Single Family Residence

Est. home value

$5,222,053

Lot size

0.39 acres

Price per sq ft

$1,463

Year built

1949

Annual property taxes

$53,215

Price History

06/28/2024
Beaches

Beaches #F10448416

Listed
$11,900,000
+40%
10/24/2023
Beaches

Beaches #F10348042

Sold
$8,500,000

Schools & Community

Neighborhood: 

Central Beach Alliance

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Pool

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

G W Hamilton Limited Partnership

Loan start date

October 2023

Original loan amount

$5,250,000

Est. remaining balance

Not provided

Interest rate

7.12%

Loan type

Commercial

Seller

Bayshore Dr Llc

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 06/30/2024 at 10:40 PM

Listing updated: 06/28/2024 at 7:35 PM

Listed by: Brian Justice, Justice & Associates Realty Phone #: (954) 270-5082

MLS: Beaches #F10448416

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