4520 el Mar, Lauderdale By The Sea FL 33308

$1,099,000

$820/sq ft

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Overview

Bedroom

2

Bath

2

Year Built

1957

Sqft

1341

Property Type

Condominium

Property Description

This is your chance to make money and have an oceanfront condo in a boutique building with no rental restrictions. The Southern Seas 2 story building is a one of kind oceanfront community. The same owners are selling 2 units as a package. Perfect for investors or 2nd home owners, or “live for free” in one unit since the income from the other unit will pay for your expenses. Unit 12 (1/1, 641 sq ft) and Unit 18 (1/1.5, 700 sq ft ocean view.) Both Furnished. Units can be sold separately for $525k and $595k. Can rent daily, weekly, monthly, great for AIRBNB, 3 min walk to the Pier, shopping, restaurants and entertainment. Building has passed the certifications. Bring your cash or financed offers, or owner will finance for you.

Property Details

MLS#

A11949679

Unit Floor

1

Total Floor in Bldg

2

Building

Southern Seas

Address

4520 el Mar

City

Lauderdale By The Sea

State/county

FL

Zip/Postal Code

33308

Area

Southern Seas

Country

United States

HOA

Yes

Assoc Fee

$2,318

Assoc Fee Pd

Monthly

Tax Amount

$13,206

Maint Fee

$--

Tax Year

2025

Dishwasher

Disposal

Electric Water Heater

Electric Range

Refrigerator

Ocean View

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Boris Gelfand