711 W Las Olas, Fort Lauderdale, FL 33312 — MLS photo

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711 W Las Olas, Fort Lauderdale, FL 33312

Active · SingleFamilyResidence

$1,600,000

711 W Las Olas, Fort Lauderdale, FL 33312

Beds
2
Baths
1
Living area
1,013 sq ft
$ / sq ft
$1,579/sq ft
Year built
1924
Lot size
—
HOA fee
—
Annual tax
$6,551

About this property

GREAT LOCATION. 711 IS A HISTORICAL HOME THAT WAS BUILT IN 1924. 715 IS A 2/2, ONE UPDATED BATHROOM FENCED YARD. NEWER ALUMINUM ROOF THE BACK UNIT IS A 2/1. THIS WILL COMBINE THE DUPLEX AND A SINGLE FAMILY HOME. THE PROPERTY IS ZONED RAC-AS. THE OWNER WILL NOT SELL SEPARATE.

Property location

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711 W Las Olas, Fort Lauderdale, FL 33312

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Facts & features

Interior

Bedrooms
2
Bathrooms
1
Living area
1,013 sq ft
Flooring
Other
Appliances
Electric Range, Refrigerator
Cooling
Central Air
Heating
Central
Interior features
Bedroom On Main Level, First Floor Entry, Main Level Primary

Exterior & Structure

Property type
SingleFamilyResidence
Year built
1924
Stories
1
Architectural style
One Story
Roof
Tar Gravel
Construction
Frame, Stucco
Exterior features
None
Pool
None

Parking

Garage spaces
0
Covered spaces
0
Parking features
Driveway

HOA, Community & Financials

Amenities
None
Annual tax
$6,551
Subdivision
BRYAN
County
Broward
Days on market
864
MLS listing ID
F10444898
Listing status
Active

Investment intelligence

Yield & ROI calculator

Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.

Estimated monthly cash flow

-$3,463

Cap rate
3.1%
Net yield
3.1%
Cash-on-cash return
-9.3%
Gross yield
4.7%
Mortgage payment
$7,585/mo
Down payment
$400,000
Loan amount
$1,200,000
Annual NOI
$49,457

Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.