Cays Realty
2841 N Ocean Boulevard 1801, Fort Lauderdale, FL 33308 — MLS photo

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2841 N Ocean Boulevard 1801, Fort Lauderdale, FL 33308

Active · Condominium

$550,000

2841 N Ocean Boulevard 1801, Fort Lauderdale, FL 33308

Beds
2
Baths
2
Living area
1,200 sq ft
$ / sq ft
$458/sq ft
Year built
1976
Lot size
—
HOA fee
$1,374 Monthly
Annual tax
$11,917

About this property

Rarely available south-facing upper-floor end unit! This bright 2BR/2BA condo offers 1,200 SF of living space with imported Italian terracotta tile flooring, hurricane impact windows, and an expansive balcony showcasing sweeping ocean, Intracoastal, and city views. The spacious living area features crown molding and abundant natural light. The open kitchen offers tile countertops and a breakfast bar. The primary suite includes floor-to-ceiling windows, a walk-in closet, and an ensuite bath. In-unit washer and dryer. SELLER WILL PAY THE $120,000 SPECIAL ASSESSMENT IN FULL AT CLOSING. Building is undergoing a $20M improvement project for its 50-year recertification. Rooftop pool, gym, and minutes to beaches, dining, and nightlife.

Property location

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2841 N Ocean Boulevard 1801, Fort Lauderdale, FL 33308

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Facts & features

Interior

Bedrooms
2
Bathrooms
2
Living area
1,200 sq ft
Flooring
Clay, Ceramic Tile, Tile
Appliances
Dryer, Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer
Cooling
Central Air
Heating
Central
Interior features
Bedroom On Main Level, Main Living Area Entry Level, Split Bedrooms, Walk In Closets
Furnished
Furnished

Exterior & Structure

Property type
Condominium
Year built
1976
Stories
21
Lot size
0 sq ft
Architectural style
One Story
Roof
Concrete, Flat, Tile
Construction
Block
Exterior features
Balcony, Lighting
Pool
None, Association, Community, Heated
View
Intercoastal, Ocean, Water

Parking

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

HOA, Community & Financials

Association fee
$1,374 Monthly
Fee inclusions
Association Management, Common Area Maintenance, Cable Tv, Hot Water, Insurance, Internet, Legal Accounting, Parking, Pools, Reserve Fund, Roof, Sewer, Security, Trash, Water
Association
Castle Management Gr
Association contact
954-563-3155
Amenities
Billiard Room, Bike Storage, Clubhouse, Controlled Access, Fitness Center, Library, Management, Maintenance, Pool, Sauna, Security, Storage, Trash, Vehicle Wash Area, Elevators
Security
Building Security, Door Man, Elevator Secured, Secured Garage Parking, Intercom, Key Card Entry, Lobby Secured, Phone Entry, Security Guard, Smoke Detectors
Pets allowed
No
Annual tax
$11,917
Subdivision
Vantage View
County
Broward
Days on market
262
MLS listing ID
F10540360
Listing status
Active

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Estimated monthly cash flow

-$1,989

Cap rate
1.3%
Net yield
1.3%
Cash-on-cash return
-15.5%
Gross yield
8.0%
Mortgage payment
$2,607/mo
Down payment
$137,500
Loan amount
$412,500
Annual NOI
$7,413

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