111 SE 8th Avenue 1501, Fort Lauderdale, FL 33301 — MLS photo

Active · Condominium

$1,899,000

111 SE 8th Avenue 1501, Fort Lauderdale, FL 33301

Beds: 3
Baths: 5
Living area: 4,120 sq ft
$ / sq ft: $461/sq ft
Year built: 2002
Lot size: —
HOA fee: $4,786 Monthly
Annual tax: $21,938

About this property

Large Luxury Condo in the heart of Las Olas. Feels like a home in the sky. Best of both worlds. Amazing views of Ocean and Fort Lauderdale's city Skyline. 3 bedrooms, 3.5 baths, plus office, bar, tons of storage, huge walk in closets, central vacuum & more. 4120 sqft with 3 parking spaces and 2 extra storages. Boutique luxury building. City living and walk to all the action. Shops, restaurants, art galleries, Live music, beach & more. Location, Location, Location. A must see.

Property location

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111 SE 8th Avenue 1501, Fort Lauderdale, FL 33301

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Facts & features

Interior

Bedrooms: 3
Bathrooms: 5
Living area: 4,120 sq ft
Flooring: Hardwood, Marble, Wood
Appliances: Dryer, Dishwasher, Electric Range, Disposal, Ice Maker, Microwave, Refrigerator, Washer
Cooling: Central Air, Ceiling Fans, Electric
Heating: Central, Electric
Interior features: Built In Features, Bedroom On Main Level, Breakfast Area, Bathtub, Closet Cabinetry, Dining Area, Separate Formal Dining Room, Dual Sinks, Main Level Primary, Sitting Area In Primary, Split Bedrooms, Shower Only, Bar, Walk In Closets, Pantry

Exterior & Structure

Property type: Condominium
Year built: 2002
Stories: 17
Architectural style: High Rise
Construction: Block
Exterior features: Balcony, Security High Impact Doors
Pool: Association, Community
Waterfront: Canal Front, Intersecting Canal, Other
View: Canal, Ocean, River

Parking

Garage spaces: 3
Covered spaces: 3
Parking features: Attached, Covered, Garage, Two Or More Spaces, Garage Door Opener

HOA, Community & Financials

Association fee: $4,786 Monthly
Fee inclusions: Common Area Maintenance, Insurance, Parking, Recreation Facilities, Sewer, Trash, Water
Amenities: Bike Storage, Clubhouse, Fitness Center, Maintenance, Pool, Storage, Trash, Elevators
Security: Door Man, Secured Garage Parking, Lobby Secured, Security System
Pets allowed: No
Annual tax: $21,938
Subdivision: Venezia
County: Broward
Days on market: 437
MLS listing ID: F10518960
Listing status: Active

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Yield & ROI calculator

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

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Interest rate (%)

Loan term (yrs)

Monthly rent ($)

Monthly HOA ($)

Property taxes ($/yr)

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Estimated monthly cash flow

-$5,350

Cap rate: 2.3%
Net yield: 2.3%
Cash-on-cash return: -12.1%
Gross yield: 8.0%
Mortgage payment: $9,002/mo
Down payment: $474,750
Loan amount: $1,424,250
Annual NOI: $43,827

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