1180 N Federal Highway Ph-1606, Fort Lauderdale, FL 33304 — MLS photo

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1180 N Federal Highway Ph-1606, Fort Lauderdale, FL 33304

Active · Condominium

$4,995,000

1180 N Federal Highway Ph-1606, Fort Lauderdale, FL 33304

Beds
3
Baths
4
Living area
4,267 sq ft
$ / sq ft
$1,171/sq ft
Year built
2018
Lot size
—
HOA fee
$4,350
Annual tax
—

About this property

True Sky Estates combining elevated private residence living w/ boat slip access redefining what a high rise home can be. This is not a typical Pent House but a full scale private residence in the sky designed w/ the logic of a waterfront estate where a private boat slip makes yachting life a part of daily life not an amenity. Reimagined in 2023 this home prioritizes scale and flow w/ expansive living areas & over a 1062 sq ft of East & West facing terraces. Chef's kitchen w/ Wolf & Sub-Zero appliances is complimented by a separate butlers kitchen for seamless entertainment. Primary suite offers a sitting area, spa bath & custom closets. Private oversized 2-car garage, multiple storage rooms, climate control wine room & a private boat slip completes this sky & waterside residences.

Property location

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1180 N Federal Highway Ph-1606, Fort Lauderdale, FL 33304

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Facts & features

Interior

Bedrooms
3
Bathrooms
4
Living area
4,267 sq ft

Exterior & Structure

Property type
Condominium
Year built
2018
Lot size
0 sq ft

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$4,350
County
Broward
MLS listing ID
F10550466
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

-$19,576

Cap rate
1.0%
Net yield
1.0%
Cash-on-cash return
-16.8%
Gross yield
5.1%
Mortgage payment
$23,679/mo
Down payment
$1,248,750
Loan amount
$3,746,250
Annual NOI
$49,234

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