Cays Realty
2011 N Ocean Boulevard 206, Fort Lauderdale, FL 33305 — MLS photo

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2011 N Ocean Boulevard 206, Fort Lauderdale, FL 33305

Active · Condominium

$569,000

2011 N Ocean Boulevard 206, Fort Lauderdale, FL 33305

Beds
2
Baths
2
Living area
1,268 sq ft
$ / sq ft
$449/sq ft
Year built
2005
Lot size
—
HOA fee
$1,500 Monthly
Annual tax
$5,387

About this property

Come live the beachfront lifestyle in this spacious 2 bed, 2 bath plus den condo featuring a desirable split floor plan and floor-to-ceiling sliders in the living room and both bedrooms that open to a private balcony. The open kitchen, impact windows, and stackable washer/dryer add convenience and style. Located in The Vue, a luxury oceanfront condominium, residents enjoy resort-style amenities including a private beach club with pool and direct beach access, BBQ grills, paddle board and kayak storage, 24-hour front desk, onsite building manager, valet service, fitness center, party room, and a second pool. The building is fully funded with an updated SIRS report. Cable and high-speed internet are included. Pet-friendly building—two pets allowed.

Property location

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2011 N Ocean Boulevard 206, Fort Lauderdale, FL 33305

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Facts & features

Interior

Bedrooms
2
Bathrooms
2
Living area
1,268 sq ft
Flooring
Marble
Appliances
Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator, Washer
Cooling
Central Air, Ceiling Fans, Electric
Heating
Electric
Interior features
Breakfast Bar, Bedroom On Main Level, Breakfast Area, Bathtub, Dual Sinks, First Floor Entry, Jetted Tub, Kitchen Island, Living Dining Room, Main Level Primary, Main Living Area Entry Level, Sitting Area In Primary, Split Bedrooms, Shower Only, Walk In Closets, Elevator
Furnished
Unfurnished

Exterior & Structure

Property type
Condominium
Year built
2005
Stories
16
Architectural style
High Rise
Construction
CBSConcrete Block Structure, Block
Exterior features
Security High Impact Doors
Pool
Association, Community
Spa
Community
View
Garden

Parking

Garage spaces
1
Covered spaces
1
Parking features
Assigned, Guest, One Space, Garage Door Opener

HOA, Community & Financials

Association fee
$1,500 Monthly
Fee inclusions
Insurance, Internet, Legal Accounting, Parking, Pools, Recreation Facilities, Reserve Fund, Roof, Sewer, Trash, Water
Amenities
Billiard Room, Bike Storage, Business Center, Cabana, Clubhouse, Fitness Center, Barbecue, Picnic Area, Pool, Spa Hot Tub, Storage, Trash, Elevators
Security
Secured Garage Parking, Lobby Secured, Security System, Fire Sprinkler System
Pets allowed
No
Annual tax
$5,387
Subdivision
The Vue
County
Broward
Days on market
364
MLS listing ID
F10532823
Listing status
Active

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Estimated monthly cash flow

-$1,516

Cap rate
2.5%
Net yield
2.5%
Cash-on-cash return
-11.4%
Gross yield
8.1%
Mortgage payment
$2,697/mo
Down payment
$142,250
Loan amount
$426,750
Annual NOI
$14,178

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