115 Lake Emerald Drive 403, Oakland Park, FL 33309 — MLS photo

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115 Lake Emerald Drive 403, Oakland Park, FL 33309

Active · Condominium

$225,000

115 Lake Emerald Drive 403, Oakland Park, FL 33309

Beds
2
Baths
2
Living area
920 sq ft
$ / sq ft
$245/sq ft
Year built
1985
Lot size
—
HOA fee
$850 Monthly
Annual tax
$3,292

About this property

Escape to your own private oasis in this stunning waterfront property. With breathtaking views of the lake, and plenty of outdoor space, you’ll feel like you’re on vacation every day. Nestled within the biggest man made lake in Broward County, this condo offers the perfect blend of comfort, convenience, and resort-style living. As a resident of Lake Emerald, you'll enjoy access to an abundance of amenities, including 3 full-size pools , tennis courts, picnic area and a state-of-the-art gymnasium. Pamper yourself with locker rooms equipped with saunas and steam rooms for ultimate relaxation. New roof and building is 40 years certificated.

Property location

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115 Lake Emerald Drive 403, Oakland Park, FL 33309

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Facts & features

Interior

Bedrooms
2
Bathrooms
2
Living area
920 sq ft
Flooring
Ceramic Tile, Tile
Appliances
Dryer, Dishwasher, Electric Range, Electric Water Heater
Cooling
Ceiling Fans, Electric
Heating
Central
Interior features
Bedroom On Main Level, Dual Sinks, Kitchen Island, Living Dining Room, Sitting Area In Primary, Walk In Closets

Exterior & Structure

Property type
Condominium
Year built
1985
Stories
4
Construction
Block, Stucco
Exterior features
Tennis Courts
Pool
Association, Community
Spa
Community
Waterfront
Lake Privileges
View
Lake

Parking

Garage spaces
0
Covered spaces
0
Parking features
One Space

HOA, Community & Financials

Association fee
$850 Monthly
Fee inclusions
Common Area Maintenance, Insurance, Parking, Pools, Reserve Fund, Security, Trash, Water
Amenities
Basketball Court, Boat Dock, Fitness Center, Library, Barbecue, Other, Picnic Area, Pool, Sauna, Spa Hot Tub, Security, Trails, Trash, Elevators
Security
Fire Alarm, Fenced, Smoke Detectors, Security Guard
Pets allowed
No
Annual tax
$3,292
Subdivision
Lake Emerald
County
Broward
Days on market
285
MLS listing ID
F10543835
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

-$275

Cap rate
4.2%
Net yield
4.2%
Cash-on-cash return
-5.2%
Gross yield
12.1%
Mortgage payment
$1,067/mo
Down payment
$56,250
Loan amount
$168,750
Annual NOI
$9,503

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