1101 River Reach Drive 502, Fort Lauderdale, FL 33315 — MLS photo

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1101 River Reach Drive 502, Fort Lauderdale, FL 33315

Active · Condominium

$424,999

1101 River Reach Drive 502, Fort Lauderdale, FL 33315

Beds
2
Baths
2
Living area
1,250 sq ft
$ / sq ft
$340/sq ft
Year built
1982
Lot size
—
HOA fee
$1,180
Annual tax
—

About this property

Bright, spacious, and beautiful 2BR/2BA condo located on the exclusive River Reach Private Island in Fort Lauderdale! This large 1,250 sq ft home offers an open-concept living/dining area filled with natural light, peaceful canal and pool views. The primary suite features a generous layout while the second bedroom includes a Murphy bed and easily doubles as a guest room and home office—ideal for today’s flexible lifestyle. Clean, light-filled interior and move-in-ready. River Reach offers 24/7 guarded entry, resort-style pools, fitness center, tennis, pickleball, and available dockage. This is the perfect residence, investment property, or Florida vacation home. Assessment paid and rental allowed immediately. Minutes to Las Olas, beaches, dining, and shopping. A must-see!

Property location

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1101 River Reach Drive 502, Fort Lauderdale, FL 33315

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Facts & features

Interior

Bedrooms
2
Bathrooms
2
Living area
1,250 sq ft

Exterior & Structure

Property type
Condominium
Year built
1982

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$1,180
County
Broward
MLS listing ID
F10540779
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

-$1,038

Cap rate
2.8%
Net yield
2.8%
Cash-on-cash return
-10.5%
Gross yield
9.7%
Mortgage payment
$2,015/mo
Down payment
$106,250
Loan amount
$318,749
Annual NOI
$11,715

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