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$2,900,000
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Property Description
An extraordinary opportunity to acquire an impressive 145-foot waterfront 4-unit apartment building in the heart of Lauderdale-by-the-Sea. The property is in close proximity to the ocean and offers direct access to the Intracoastal without any fixed bridges. The building consists of four units, each with breathtaking waterway views, ample natural light, spacious living areas, and plenty of storage. Additionally, the property offers a variety of amenities that make it an excellent investment. There is a sizable private pool, an oversized three-car garage, and plenty of guest parking. Its prime location, potential for long or short-term rental income, and opportunities for dockage revenue make it an enticing investment opportunity not to be missed.
Full Property Details
Full Property Details for 231 Lake Ct
General
- Sold For: $2,900,000
- Taxes: (2022)
- Status: Closed
- Type: Multi-Family
- Source: Regional
- MLS ID: F10414346
- Added to Site: 837 day(s) ago
Interior
- Flooring: Tile Floors
Additional Information
- Pool: Yes
- Pool Description: Below Ground Pool
Exterior
- Exterior Features: Wrap-Around Balcony
Location
- Area: 3130
- County: Broward County
- Subdivision: Silver Shores
- Driving Directions: Going East from Commercial Blvd to the ocean, make a right onto Sea Grapes Dr going South. After a block, turn right onto Lake Ct.
Heating & Cooling
- Cooling Type: Ceiling Fans, Central Cooling
- Heating Type: Central Heat
Utilities
- Sewer: Municipal Sewer
- Water: Municipal Water
Structural Information
- Architectural Style: Fourplex
- Construction: Concrete Block Construction
- Roof: Barrel Roof
- Living Area: 4,418 Sq. Ft.
- Year Built: 1971
Unit Information
Unit 1
- Bedrooms: 1
Unit 2
- Bedrooms: 1
Unit 3
- Bedrooms: 2
Unit 4
- Bedrooms: 1
Lot Features
- Zoning: RM-25
- Lot Description: Less Than 1/4 Acre Lot
Water Features
- Water Front: Yes
- Water Access Desc: Private Dock
- Water Front Desc.: Canal Front, No Fixed Bridges
Financial Considerations
- Tax Year: 2022
- Terms: Cash, Conventional
Disclosures and Reports
- Legal Description: SILVER SHORES UNIT A 28-39 B LOT 5 BLK 3
- Property ID: 494318050460
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Schools
Schools serving 231 Lake Ct
School District:Broward County School District
| Name | Grades | Distance |
|---|---|---|
Bayview Elementary School, Fort Lauderdale, FL 1175 Middle River Drive, Fort Lauderdale, FL 33304 | K-5 | 3.4 mi |
Sunrise Middle School 1750 Northeast 14th Street, Fort Lauderdale, FL 33304 | 6-8 | 3.4 mi |
Fort Lauderdale High School 1600 Northeast 4th Avenue, Fort Lauderdale, FL 33305 | 9-12 | 3.7 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 231 Lake Ct
Date
Details
Price
Change
Source
6/07/2024
Sold
$2,900,000
-13.43%
MLS
12/26/2023
Listed
$3,350,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
231 Lake Ct, Lauderdale by the Sea, FL 33308 (MLS# F10414346) is a Multi-Family property that was sold at $2,900,000 on June 07, 2024. This property was listed by My Hien Domeika from our Fort Lauderdale Las Olas & the Beaches Office.Want to learn more about 231 Lake Ct? Do you have questions about finding other Multi-Family real estate for sale in Lauderdale by the Sea? You can browse all Lauderdale by the Sea real estate or contact a Coldwell Banker agent to request more information.


