Cays Realty
6347 Bay Club Drive 3, Fort Lauderdale, FL 33308 — MLS photo

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6347 Bay Club Drive 3, Fort Lauderdale, FL 33308

Active · Condominium

$439,000

6347 Bay Club Drive 3, Fort Lauderdale, FL 33308

Beds
2
Baths
2
Living area
1,200 sq ft
$ / sq ft
$366/sq ft
Year built
1974
Lot size
—
HOA fee
$2,385 Quarterly
Annual tax
$2,600

About this property

BAY COLONY CLUB HAS is an oasis waiting for you which can include Boat dockage available at very minimal cost available to owners only. Must see this newly gut renovated unit, opened up kitchen wall, New Kitchen, Baths, appliances, windows and doors, new HVAC TRANE unit, new water heater, new flooring , lighting fixtures etc new lighting fixtures the list goes on. Financing available with 20% down. East facing unit building 9. Bay Colony offers unparalleled amenities with pickled ball, tennis multiple swimming pools including direct intracoastal pool and cabana area. Dockage available to unit owners as spots become available. Gated Security gates and patrolled community. Minutes to beach shopping and restaurants. Very unique situation to acquire condo in this area at this price point.

Property location

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6347 Bay Club Drive 3, Fort Lauderdale, FL 33308

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Facts & features

Interior

Bedrooms
2
Bathrooms
2
Living area
1,200 sq ft
Flooring
Ceramic Tile
Appliances
Dishwasher, Electric Range, Electric Water Heater, Disposal, Refrigerator
Cooling
Central Air
Heating
Central
Interior features
Built In Features, Bedroom On Main Level, Dual Sinks, Living Dining Room, Main Living Area Entry Level
Furnished
Unfurnished

Exterior & Structure

Property type
Condominium
Year built
1974
Stories
2
Lot size
0 sq ft
Roof
Flat, Tile
Construction
Block
Exterior features
Fence
Pool
Association, Community
Waterfront
Ocean Access, Other
View
Canal, Other, Water

Parking

Covered spaces
0
Parking features
Assigned, One Space

HOA, Community & Financials

Association fee
$2,385 Quarterly
Fee inclusions
Common Area Maintenance, Legal Accounting, Parking, Pools, Recreation Facilities, Roof, Sewer, Security, Trash, Water
Amenities
Boat Dock, Billiard Room, Bike Storage, Clubhouse, Controlled Access, Fitness Center, Barbecue, Picnic Area, Pool, Shuffleboard Court, Security, Vehicle Wash Area
Security
Fenced, Key Card Entry, Security Guard
Pets allowed
No
Annual tax
$2,600
Subdivision
Bay Colony Club
County
Broward
Days on market
256
MLS listing ID
F10545870
Listing status
Active

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Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.

Estimated monthly cash flow

-$319

Cap rate
4.8%
Net yield
4.8%
Cash-on-cash return
-3.1%
Gross yield
9.2%
Mortgage payment
$2,081/mo
Down payment
$109,750
Loan amount
$329,250
Annual NOI
$21,151

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