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4552 Bougainvilla Drive, Lauderdale By The Sea FL 33308

Commercial Recently Sold
$4,800,000

BTC: 57.73394275

ETH: 1,811.32075472

Sold on: 2021-12-01
18 days
0 room(s)

Overview

This tropical 24 unit multifamily building is located in a prime location just 2 blocks from the beach in Lauderdale by the Sea. The building has been completely renovated and meticulously maintained. If you are looking for a solid income producing investment, this is it! All units are one bedroom with tile throughout, granite countertops, updated kitchen and bathrooms, mini split AC systems, hurricane impact windows, new roof, and much more. There is even a space for an office onsite. Please do not tour property or disturb tenants. Access to the property will be provided by the listing agent with an executed offer.

Location

Florida • Lauderdale By The Sea • 33308 • Commercial • Recently Sold

Details

Type:
Commercial Land
Parking:
No Data
Year Built:
No Data
Lot:
0.43 Acres
Heating:
No Data
Price/sqft:
No Data
Cooling:
No Data
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$2,500,000
$1.2M – $4.9M
Confidence Low
List vs. estimate
$3.0M above estimate
List $5,450,000 · +118.0%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Based on
5 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$45,987
2020
All facts and features

  • Lot

    • Lot: 0.43 Acres

    Other Property Information

    • Parcel Number: 494318012350

    • Zoning: RM-25

  • Type and style

    • Property Type: Commercial Land

  • Utility

    • Electricity Connected

    • Phone Connected

    • Sewer Connected

    • Water Connected

    • Electricity Available

    • Phone Available

    • Sewer Available

    • Trash Removal

    • Water Available

  • Other financial information

    • Annual tax amount: $45,987

  • Source details

    • MLS ID: F10294055

    Other facts

    • Lot Features: City Location / Sidewalk

    • Water Source: Public

    • Lot Size Dimensions: 150x125

    • Subdivision Name: Lauderdale By The Sea 6-2

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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Market around this address

Live counts in the same area.
View all
This zip
33308
476
median $550K
Active
Same city
Lauderdale By The Sea
117
median $679K
Active
Same type
Commercial
2
median $2.3M
Active
Similar price
$3.8M – $7.1M
4
median $5.8M
Active

The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: LoKation