Discover a rare investment in historic Sailboat Bend! This impeccably maintained 3-unit building is fully updated: new roof, impact windows, and modern, furnished interiors designed for immediate short-term rental operations. Projected annual revenue: $96,00

1004 WEST LAS OLAS BLVD, Fort Lauderdale

$849,000 USD
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Address1004 WEST LAS OLAS BLVD, Fort Lauderdale
Building NameWAVERLY PLACE
Type of PropertyTriplex
Property StyleTriplex
Price$849,000
Previous Price$899,000 (95 days ago)
Sold on27th December, 2025
Sold Price$785,000
Property StatusClosed
MLS NumberA11899678
Living Area1526
Year Built1951
Parking Space Number5
Folio Number504209090650
Zoning InformationRML-25
Days on Market95

Detailed Description: Discover a rare investment in historic Sailboat Bend! This impeccably maintained 3-unit building is fully updated: new roof, impact windows, and modern, furnished interiors designed for immediate short-term rental operations. Projected annual revenue: $96,000. Situated on a generous 8,750 sq.ft RM-25 lot, this property offers significant expansion potential. Build two additional units, a townhouse, or a single-family home. The extra land provides flexibility for future development or storing your boat (s). The location is a boater’s dream, with exclusive access to Cooley’s Landing Marina on the New River, downtown Fort Lauderdale’s vibrant Riverfront Boardwalk, and Tequesta Park just one block away. Maximize cash flow and future growth in a premier location

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Address Information
StateFlorida
CityFort Lauderdale
CountyBroward County
Zip Code33312
Address1004 WEST LAS OLAS BLVD
Zip Code (4 Digits)7382
Financial Information
Price$849,000
Price per Foot$0
Previous Price$899,000
Sold on27th December, 2025
Sold Price$785,000
Folio Number504209090650
Tax Amount$8,774
Tax Year2024
Terms of SaleCash
Possession InformationFunding
Type of ContingenciesNo Contingencies
Full Descriptions
Detailed DescriptionDiscover a rare investment in historic Sailboat Bend! This impeccably maintained 3-unit building is fully updated: new roof, impact windows, and modern, furnished interiors designed for immediate short-term rental operations. Projected annual revenue: $96,000. Situated on a generous 8,750 sq.ft RM-25 lot, this property offers significant expansion potential. Build two additional units, a townhouse, or a single-family home. The extra land provides flexibility for future development or storing your boat (s). The location is a boater’s dream, with exclusive access to Cooley’s Landing Marina on the New River, downtown Fort Lauderdale’s vibrant Riverfront Boardwalk, and Tequesta Park just one block away. Maximize cash flow and future growth in a premier location
Roof DescriptionShingle
Floor DescriptionCeramic Floor
Cooling DescriptionElectric
Heating DescriptionOther
Sewer DescriptionPublic Sewer
Property parameters
Living Area1526
Zoning InformationRML-25
Year Built1951
Type of PropertyTriplex
StyleTriplex
Building NameWAVERLY PLACE
Development NameWAVERLY PLACE
Construction TypeConcrete Block Construction
Stories Number1.000
Street DirectionWest
Parking Space Number5
Listed withThe Keyes Company