4417 Poinciana St, Lauderdale By The Sea, FL

$2,600,000

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0.55

Acres

About 4417 Poinciana St

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.

Features of 4417 Poinciana St

MLS® # RX-10982649
Price $2,600,000
Acres 0.55
Year Built 1973
Type Commercial
Sub-Type Income
Style Resident. Multi-Fam.
Status Active Under Contract

Community Information

Address 4417 Poinciana St
Area 3130
City Lauderdale By The Sea
County Broward
State FL
Zip Code 33308

Amenities

Utilities Cable, 3-Phase Electric, Municipal Water
Is Waterfront No

Interior

Appliances Building and Land
Heating Central Individual
Cooling Central Individual, Wall-Win A/C
# of Stories 2

Exterior

Lot Description 8 Unit Multifamily
Roof Flat Tile
Construction CBS

Additional Information

Zoning RESIDENTIAL(R)
RE / Bank Owned No

Listing Details

OfficeArbor Residential

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