5 Units 2 Blocks to Ocean

$1,395,000

4649 Bougainvilla Drive, Lauderdale-by-the-Sea, FL 33308

For Sale

Multifamily Garden Low Rise

Active

Last Updated: 03/10/2025

Details:

NOI: $78,780

Building Size: 2,949 sqft

Lot Area: 6,250 sqft

Units: 5

Year Built: 1967

Zoning: RM25

Floors: 1

Parking Spots: 6

Roof: Tile

Floor: Tile

Description:

5 unit apartment building located 2 blocks from the beach! This beachside town was awarded as #3 best beach in the State for 2024 by USA Today. The area has a high walkability score with retail, dining, and entertainment all within ½ mile. This building is less than ½ block to Publix and CVS and 3/10 mile to tennis & pickleball. Currently the property is rented to tenants on an annual basis. All units are equipped with central a/c & separate electric meters. Onsite laundry for convenience too. Please drive by only and do not walk the property or disturb the tenants. Instead, call for appointment to view.

For information email to Ross@HermanAndHerman.com, or call 954-563-6800.