2840 N Ocean Boulevard 308, Fort Lauderdale, FL 33308 — MLS photo

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2840 N Ocean Boulevard 308, Fort Lauderdale, FL 33308

Active · StockCooperative

$389,000

2840 N Ocean Boulevard 308, Fort Lauderdale, FL 33308

Beds
1
Baths
1
Living area
769 sq ft
$ / sq ft
$506/sq ft
Year built
1958
Lot size
—
HOA fee
$3,510 Quarterly
Annual tax
$4,160

About this property

Unbeatable location east of A1A with the ocean at your doorstep. Under $500,000. It's like being on vacation every day. Floor to ceiling impact windows, slide open to blend indoor and outside. East West exposure provides light and breezes throughout. Recently renovated open kitchen and living room open to the large balcony. New appliances, new cabinets, new countertops. Brand new A/C + heat. Hear the soothing sounds of the ocean from every room. All this east of A1A in a quiet residential neighborhood just steps to shopping, nightlife and restaurants. Fall in love with Sea Tower's mid-century charm exquisitely maintained. This can be your own beachside retreat. Concrete restoration complete and paid for. 55+ community.

Property location

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2840 N Ocean Boulevard 308, Fort Lauderdale, FL 33308

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Facts & features

Interior

Bedrooms
1
Bathrooms
1
Living area
769 sq ft
Flooring
Hardwood, Wood
Appliances
Dishwasher, Electric Range, Ice Maker, Microwave, Refrigerator
Cooling
Central Air, Ceiling Fans, Electric
Heating
Central, Electric
Interior features
Breakfast Bar, Bedroom On Main Level, Closet Cabinetry, Entrance Foyer, Kitchen Island, Living Dining Room, Shower Only
Furnished
Unfurnished

Exterior & Structure

Property type
StockCooperative
Year built
1958
Stories
11
Construction
Block
Exterior features
Balcony, Security High Impact Doors
Pool
Association, Community
View
Garden, Ocean, Pool

Parking

Garage spaces
0
Covered spaces
0

HOA, Community & Financials

Association fee
$3,510 Quarterly
Fee inclusions
Common Area Maintenance, Insurance, Pest Control, Pools, Roof, Sewer, Trash, Water
Association contact
9545662632
Amenities
Bike Storage, Fitness Center, Pool, Shuffleboard Court, Storage, Vehicle Wash Area, Elevators
Security
Intercom, Lobby Secured, Phone Entry, Security System
Annual tax
$4,160
Subdivision
Sea Tower
County
Broward
Days on market
301
MLS listing ID
F10536948
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

-$1,379

Cap rate
1.4%
Net yield
1.4%
Cash-on-cash return
-15.2%
Gross yield
7.6%
Mortgage payment
$1,844/mo
Down payment
$97,250
Loan amount
$291,750
Annual NOI
$5,580

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