6521 Bay Club Drive 6521-2, Fort Lauderdale, FL 33308 — MLS photo

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6521 Bay Club Drive 6521-2, Fort Lauderdale, FL 33308

Active · Condominium

$245,000

6521 Bay Club Drive 6521-2, Fort Lauderdale, FL 33308

Beds
1
Baths
2
Living area
850 sq ft
$ / sq ft
$288/sq ft
Year built
1974
Lot size
—
HOA fee
$2,184
Annual tax
—

About this property

LOCATION LOCATION LOCATION! Bay Colony Club is a highly desirable community with 4 tennis and 4 pickleball courts, 4 swimming pools (one on the intracoastal with bar area), 3 community rooms with billiards and ping pong, an exercise gym, bike storage, 24/7 security and fenced and much much more! This Beautifull , freshly painted, one bedroom condo is just steps away from the intracoastal. It has washer hookup, granite countertop, refrigerator, stove, microwave, dish washer and tankless water heater. The porch has wind screens and hurricane shutters. Bedroom window has impact glass. Bay Colony Club requires a 700 credit score and 20 % down. Trucks, RVS and Motorcycles are prohibited.

Property location

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6521 Bay Club Drive 6521-2, Fort Lauderdale, FL 33308

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Facts & features

Interior

Bedrooms
1
Bathrooms
2
Living area
850 sq ft

Exterior & Structure

Property type
Condominium
Year built
1974
Lot size
0 sq ft

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$2,184
County
Broward
MLS listing ID
F10532524
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

-$1,893

Cap rate
-3.6%
Net yield
-3.6%
Cash-on-cash return
-33.1%
Gross yield
10.8%
Mortgage payment
$1,161/mo
Down payment
$61,250
Loan amount
$183,750
Annual NOI
-$8,775

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