Cays Realty
3100 N Ocean Boulevard 406, Fort Lauderdale, FL 33308 — MLS photo

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3100 N Ocean Boulevard 406, Fort Lauderdale, FL 33308

Active · Condominium

$1,550,000

3100 N Ocean Boulevard 406, Fort Lauderdale, FL 33308

Beds
2
Baths
2
Living area
1,537 sq ft
$ / sq ft
$1,008/sq ft
Year built
1997
Lot size
—
HOA fee
$1,775 Monthly
Annual tax
$19,382

About this property

Furnished, elegant and thoughtfully designed Reverse Fairmont in L'Hermitage. Private and Serene Garden Views. 2 Bedroom / 2 Bath with upgraded cabinetry, closets, kitchen, baths, appliances, doors. Most luxurious Italian Marble throughout. Large Balcony. Southeast exposure. EASY TO SEE. L'Hermitage is over 10 acres of Oceanfront/Beachfront property w/tennis, fitness, fenced complex, saunas, steam rooms, massage rooms, attended beach, pool deck with spas and full-service restaurant including full bar. BBQ grilling area beach level. Amazing walkability & pet friendly. Minutes to Las Olas. Strong reserves, Pets OK, Recent structural and integrity studies available.

Property location

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3100 N Ocean Boulevard 406, Fort Lauderdale, FL 33308

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Facts & features

Interior

Bedrooms
2
Bathrooms
2
Living area
1,537 sq ft
Flooring
Marble
Appliances
Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Ice Maker, Microwave, Refrigerator, Washer
Cooling
Central Air, Electric
Heating
Central, Electric
Interior features
Breakfast Bar, Bedroom On Main Level, Bathtub, Closet Cabinetry, Dining Area, Separate Formal Dining Room, Dual Sinks, Eat In Kitchen, Garden Tub Roman Tub, Jetted Tub, Main Living Area Entry Level, Split Bedrooms, Shower Only, Pantry
Furnished
Furnished

Exterior & Structure

Property type
Condominium
Year built
1997
Stories
28
Lot size
0 sq ft
Construction
CBSConcrete Block Structure, Block
Exterior features
Balcony, Fence, Storm Security Shutters
Pool
Association, Community
Spa
Community
View
Garden

Parking

Garage spaces
1
Covered spaces
1
Parking features
Assigned, Attached, Garage, One Space, Valet

HOA, Community & Financials

Association fee
$1,775 Monthly
Fee inclusions
Insurance, Pools, Reserve Fund, Sewer, Trash, Water
Amenities
Billiard Room, Business Center, Fitness Center, Maintenance, Barbecue, Picnic Area, Pool, Sauna, Spa Hot Tub, Vehicle Wash Area
Security
Door Man, Fenced, Secured Garage Parking, Lobby Secured, Fire Sprinkler System
Pets allowed
No
Annual tax
$19,382
Subdivision
L'HERMITAGE
County
Broward
Days on market
352
MLS listing ID
F10534612
Listing status
Active

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Estimated monthly cash flow

-$5,316

Cap rate
1.6%
Net yield
1.6%
Cash-on-cash return
-14.7%
Gross yield
5.4%
Mortgage payment
$7,348/mo
Down payment
$387,500
Loan amount
$1,162,500
Annual NOI
$24,381

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