1300 NW 7th Ter, Fort Lauderdale, FL 33311 — MLS photo

Active · SingleFamilyResidence

$499,000

1300 NW 7th Ter, Fort Lauderdale, FL 33311

Beds: 3
Baths: 1
Living area: 945 sq ft
$ / sq ft: $528/sq ft
Year built: 1951
Lot size: 4,725 sq ft
HOA fee: —
Annual tax: $5,388

About this property

Welcome to Paradise in South Middle River Fort Lauderdale. This one story single family home Features 3 bedroom 1 bathroom, Completely Renovated in a beautiful modern elegance inside & outside. Enjoy a glass of wine in the breathtaking garden with plenty of room for pool, spa and a magical garden.. This corner property is fully fenced with code lock front gate entrance and an extremely large side gate entrance for parking RV or even a boat. This Perfection of a Home won't last long

Property location

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1300 NW 7th Ter, Fort Lauderdale, FL 33311

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Facts & features

Interior

Bedrooms: 3
Bathrooms: 1
Living area: 945 sq ft
Flooring: Tile
Appliances: Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator
Cooling: Central Air, Electric
Heating: Central, Electric
Interior features: Bedroom On Main Level, First Floor Entry

Exterior & Structure

Property type: SingleFamilyResidence
Year built: 1951
Lot size: 4,725 sq ft
Architectural style: One Story
Roof: Other
Construction: CBSConcrete Block Structure, Block
Exterior features: Fence, Other, Patio
Pool: None
View: Garden

Parking

Garage spaces: 0
Covered spaces: 0
Parking features: Driveway, Other

HOA, Community & Financials

Pets allowed: No, Yes
Annual tax: $5,388
Subdivision: PROGRESSO
County: Broward
Days on market: 490
MLS listing ID: A11757233
Listing status: Active

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Estimated monthly cash flow

-$340

Cap rate: 4.9%
Net yield: 4.9%
Cash-on-cash return: -2.9%
Gross yield: 7.4%
Mortgage payment: $2,366/mo
Down payment: $124,750
Loan amount: $374,250
Annual NOI: $24,307

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