3015 N Ocean Boulevard C1-C8, Fort Lauderdale, FL 33308 — MLS photo

Get More Info About This Property

3015 N Ocean Boulevard C1-C8, Fort Lauderdale, FL 33308

Active · MixedUse

$1,040,000

3015 N Ocean Boulevard C1-C8, Fort Lauderdale, FL 33308

Beds
—
Baths
0
Living area
— sq ft
$ / sq ft
—
Year built
1974
Lot size
5,200 sq ft
HOA fee
—
Annual tax
—

About this property

Subdivision Approved - Just $200 per square foot. Buy 500 - 5000+. Attention Developers, Landlords, Investors & 1031 acquisitions. Generous zoning – offering a multitude of uses, is a Developer Sale. This opportunity can be delivered reconfigured, be it legally separated 8 units or some other number, as the Developer has the right of reconfiguration in-hand to allow subdivision. Presently, the unit is development ready. Seller can deliver the unit as one, two units or eight units. Pricing is based on just $200 per square foot. We ask that you hurry, we have +/- 2,000 square feet under agreement, which we can terminate for a fee, but only if we are selling all units OR all space to a single purchaser. Note: The floor plan / sketches are ideas only. Use your imagination.

Property location

Get Directions

3015 N Ocean Boulevard C1-C8, Fort Lauderdale, FL 33308

Loading property location…

Facts & features

Interior

Bathrooms
0

Exterior & Structure

Property type
MixedUse
Year built
1974
Lot size
5,200 sq ft

Parking

Not provided in the MLS listing.

HOA, Community & Financials

County
Broward
MLS listing ID
F10532172
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

-$2,035

Cap rate
3.3%
Net yield
3.3%
Cash-on-cash return
-8.4%
Gross yield
6.6%
Mortgage payment
$4,930/mo
Down payment
$260,000
Loan amount
$780,000
Annual NOI
$34,736

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