2555 NE 11th Street 806, Fort Lauderdale, FL 33304 — MLS photo

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2555 NE 11th Street 806, Fort Lauderdale, FL 33304

Active · Condominium

$209,000

2555 NE 11th Street 806, Fort Lauderdale, FL 33304

Beds
1
Baths
1
Living area
710 sq ft
$ / sq ft
$294/sq ft
Year built
1965
Lot size
—
HOA fee
$734
Annual tax
—

About this property

This stylish ocean & intracoastal view 1-bed, 1-bath condo in the heart of Coral Ridge offers instant cash flow with tenants in place. Recently completed 40yr, building has clean financials. Perfect for long term investors.Located just 0.5 miles from Fort Lauderdale Beach, and steps from Publix, Starbucks, Galleria, and within the top-rated Bayview school district. Nearby parks and easy access to Las Olas, Downtown, and I-95, all making daily life both convenient and enjoyable. Amenities include a secure lobby, parking, a pool, BBQ area, and a pet-friendly policy for two pets under 25 lbs. Live a lifestyle of luxury surrounded by multi-million dollar homes in sought-after Coral Ridge.

Property location

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2555 NE 11th Street 806, Fort Lauderdale, FL 33304

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Facts & features

Interior

Bedrooms
1
Bathrooms
1
Living area
710 sq ft

Exterior & Structure

Property type
Condominium
Year built
1965
Lot size
0 sq ft

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$734
County
Broward
MLS listing ID
F10468807
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

-$510

Cap rate
2.8%
Net yield
2.8%
Cash-on-cash return
-10.5%
Gross yield
10.6%
Mortgage payment
$991/mo
Down payment
$52,250
Loan amount
$156,750
Annual NOI
$5,770

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