The Thomas Team of Marcus & Millichap is pleased to present 121 Hendricks Isle, a (4)-unit multifamily property and redevelopment opportunity located in Fort Lauderdale, Florida. 121 Hendricks Isle is located off Las Olas Boulevard on the Las Olas Isles, offering a rare opportunity to acquire a waterfront site with deep water dockage in one of Fort Lauderdale’s most desirable coastal neighborhoods. The property was constructed in 1951 and comprises (1) two-story concrete block building with a painted stucco exterior and shingle roof. The property offers 3,022 square feet of living area and sits on a 7,500-square-foot lot (125ft x 60ft), according to the Broward County Property Appraiser. The unit mix includes (2) studio units, (1) one-bedroom/one-bathroom unit, and (1) four-bedroom/two-bathroom unit, with select units currently operating as AirBnB. The property is zoned RMM-25. 121 Hendricks Isle benefits from immediate proximity to Las Olas Boulevard’s dining, shopping, and entertainment corridor, while also providing quick access to Downtown Fort Lauderdale, the beach, and major transportation nodes. The surrounding area is supported by strong demographics, including an average household income of $153,174 within 1-mile and population growth of 9.23% since 2010.