5820 NE 22nd Way 628, Fort Lauderdale, FL 33308 — MLS photo

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5820 NE 22nd Way 628, Fort Lauderdale, FL 33308

Active · Condominium

$210,000

5820 NE 22nd Way 628, Fort Lauderdale, FL 33308

Beds
2
Baths
2
Living area
1,100 sq ft
$ / sq ft
$191/sq ft
Year built
1970
Lot size
—
HOA fee
$2,185
Annual tax
—

About this property

2 bedroom, 2 bathroom, condo located in highly desired neighborhood of Imperial Point. Located just one block West of US1/Federal Hwy., enjoy walking to popular restaurants, shopping, and less than a 10 minute drive or bike ride to the beach. This second floor condo home offers all IMPACT WINDOWS, recently updated guest bathroom, and new tile floors throughout. This is the largest unit available at 1,100 square feet. Community offers: pool, club room, billiard room, common laundry facility, extra storage locker, and BBQ areas. Per Association: No pets, 1 assigned parking space and guest parking (small personal trucks allowed). Must own 2 years before renting. Maintenance / Association fees are paid quarterly at $2,292. Fee includes basic cable, water/sewer/trash

Property location

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5820 NE 22nd Way 628, Fort Lauderdale, FL 33308

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Facts & features

Interior

Bedrooms
2
Bathrooms
2
Living area
1,100 sq ft

Exterior & Structure

Property type
Condominium
Year built
1970

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$2,185
County
Broward
MLS listing ID
F10550238
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

-$1,333

Cap rate
-1.9%
Net yield
-1.9%
Cash-on-cash return
-27.2%
Gross yield
14.6%
Mortgage payment
$996/mo
Down payment
$52,500
Loan amount
$157,500
Annual NOI
-$4,054

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