1 Las Olas Circle 605, Fort Lauderdale, FL 33316 — MLS photo

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1 Las Olas Circle 605, Fort Lauderdale, FL 33316

Active · Condominium

$739,000

1 Las Olas Circle 605, Fort Lauderdale, FL 33316

Beds
2
Baths
3
Living area
1,200 sq ft
$ / sq ft
$616/sq ft
Year built
1970
Lot size
—
HOA fee
$1,056
Annual tax
—

About this property

Amazing views of the Intracoastal Waterways, the City of Fort Lauderdale skyline, stunning sunsets and a parade of yachts everyday from this 6th floor updated 1200 sf condo. Conveniently located right across from Las Olas Beach, minutes away from the downtown business and entertainment district and a short drive to FLL International airport. The Venetian is a very desirable "Resort style" building with tiki bar, lots of outdoor grills, pool, spa, gardens, library w/ free WiFi, 24hr security, ping-pong, billiard and a large fully equipped 24 hrs fitness center. Internet and basic cable are included in the low monthly maintenance fee. Dockage as available! A must see! Motivated Seller!

Property location

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1 Las Olas Circle 605, Fort Lauderdale, FL 33316

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Facts & features

Interior

Bedrooms
2
Bathrooms
3
Living area
1,200 sq ft

Exterior & Structure

Property type
Condominium
Year built
1970
Lot size
0 sq ft

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$1,056
County
Broward
MLS listing ID
F10542057
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

-$2,388

Cap rate
1.8%
Net yield
1.8%
Cash-on-cash return
-13.8%
Gross yield
6.8%
Mortgage payment
$3,503/mo
Down payment
$184,750
Loan amount
$554,250
Annual NOI
$13,388

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