3101 N Bayshore Drive 604, Fort Lauderdale, FL 33304 — MLS photo

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3101 N Bayshore Drive 604, Fort Lauderdale, FL 33304

Active · Condominium

$780,000

3101 N Bayshore Drive 604, Fort Lauderdale, FL 33304

Beds
2
Baths
2
Living area
1,176 sq ft
$ / sq ft
$663/sq ft
Year built
2010
Lot size
—
HOA fee
—
Annual tax
—

About this property

STOP SCROLLING! Because this is the BEST VALUE IN THE BUILDING for a 2/2 at W Residences. Drastic price reduction = Real Opportunity to OWN by the beach w/ LOWEST price /SQFT a. Light-filled, spacious layout, and ready for immediate move-in or generating income. Fully furnished OCEAN RETREAT in hottest section of Fort Lauderdale Beach. Huge north-facing balcony with access from living and bedroom through floor to ceiling double glass doors. 2 primary suites, fully equipped kitchen, walk-in shower, spa-tub, washer & dryer, extra storage closet. Residents-only swimming pool & fitness center, valet parking & more. Income producing unit managed privately. Ask for financials to see numbers today. This is a privately managed unit. PRICE IS FIRM. BONUS: Use our preferred lender and receive $1,000 towards closing costs! BEST DEAL IN W RESIDENCES FOR OCEAN RETREAT MODEL WITH UPGRADES.

Property location

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3101 N Bayshore Drive 604, Fort Lauderdale, FL 33304

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Facts & features

Interior

Bedrooms
2
Bathrooms
2
Living area
1,176 sq ft

Exterior & Structure

Property type
Condominium
Year built
2010

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$0
County
Broward
MLS listing ID
F10493465
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

-$1,552

Cap rate
3.3%
Net yield
3.3%
Cash-on-cash return
-8.5%
Gross yield
6.6%
Mortgage payment
$3,698/mo
Down payment
$195,000
Loan amount
$585,000
Annual NOI
$25,750

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