Cays Realty
511 SE 5th Ave 1214, Fort Lauderdale, FL 33301 — MLS photo

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511 SE 5th Ave 1214, Fort Lauderdale, FL 33301

Active · Condominium

$495,000

511 SE 5th Ave 1214, Fort Lauderdale, FL 33301

Beds
2
Baths
2
Living area
1,379 sq ft
$ / sq ft
$359/sq ft
Year built
2006
Lot size
—
HOA fee
$1,142 Monthly
Annual tax
$10,112

About this property

First class amenities, pet-friendly, and flexible rentals. Prime location just steps away from trendy dining, upscale boutiques, vibrant nightlife, & minutes to Fort Lauderdale's world-renowned beaches. An end condo unit w/ an open concept features like-new stainless steel appliances, a washer/dryer, custom primary closet, furnishings, and blackout curtains conveys. THIS UNIT IS CURRENTLY MARKETED AS A RENTAL #A12073871 - BEING SOLD SUBJECT TO A LEASE.

Property location

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511 SE 5th Ave 1214, Fort Lauderdale, FL 33301

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Facts & features

Interior

Bedrooms
2
Bathrooms
2
Living area
1,379 sq ft
Flooring
Ceramic Tile, Other, Tile
Appliances
Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator, Washer
Cooling
Central Air, Ceiling Fans
Heating
Central
Interior features
Breakfast Bar, Bedroom On Main Level, First Floor Entry, Living Dining Room, Tub Shower
Furnished
Negotiable

Exterior & Structure

Property type
Condominium
Year built
2006
Stories
25
Architectural style
High Rise
Construction
Block
Exterior features
Balcony
Pool
Heated
View
Other, Skyline

Parking

Garage spaces
0
Covered spaces
0
Parking features
Assigned, One Space, Valet, Garage Door Opener

HOA, Community & Financials

Association fee
$1,142 Monthly
Fee inclusions
Amenities, Common Areas, Cable Tv, Hot Water, Insurance, Maintenance Grounds, Maintenance Structure, Other, Parking, Pest Control, Pools, Sewer, Trash, Water
Amenities
Basketball Court, Bike Storage, Business Center, Clubhouse, Fitness Center, Library, Barbecue, Picnic Area, Pool, Sauna, Spa Hot Tub, Trash, Elevators
Security
Elevator Secured, Secured Garage Parking, Lobby Secured, Smoke Detectors
Pets allowed
Conditional, Yes
Annual tax
$10,112
Subdivision
NURIVER LANDING CONDO
County
Broward
Days on market
422
MLS listing ID
A11865681
Listing status
Active

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

Estimated monthly cash flow

-$1,161

Cap rate
2.9%
Net yield
2.9%
Cash-on-cash return
-10.1%
Gross yield
9.3%
Mortgage payment
$2,347/mo
Down payment
$123,750
Loan amount
$371,250
Annual NOI
$14,223

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