1501 S Ocean Blvd 323, Lauderdale By The Sea, FL 33062 — MLS photo

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1501 S Ocean Blvd 323, Lauderdale By The Sea, FL 33062

Active · Condominium

$469,000

1501 S Ocean Blvd 323, Lauderdale By The Sea, FL 33062

Beds
2
Baths
2
Living area
1,000 sq ft
$ / sq ft
$469/sq ft
Year built
1974
Lot size
—
HOA fee
$850 Monthly
Annual tax
$5,901

About this property

Beach side living at its best! 2 bedroom, 2 bath Spacious and fully remodeled unit. Rent immediately, located directly across from the ocean in the heart of desirable Lauderdale-by-the-Sea. All ages welcome and pet-friendly. Short-term RENTALS allowed—ideal for full-time residence, seasonal use, or investment. Features an open layout with abundant natural light, generous living space, and a private balcony. Top-floor unit with hurricane impact windows and doors. Fully furnished and move-in ready. Building offers resort-style including beach access, pool, club center. Tenant occupied, 48 hours notice for showing, serious inquiries only. Financing accepted; cryptocurrency considered. 40-50 years inspection done, assessment paid in full. Walk to the beach, restaurants, shops, and nightlife. Close to US-1, grocery stores, and major highways. A must-see!

Property location

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1501 S Ocean Blvd 323, Lauderdale By The Sea, FL 33062

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Facts & features

Interior

Bedrooms
2
Bathrooms
2
Living area
1,000 sq ft
Flooring
Tile
Appliances
Other
Cooling
Central Air, Electric
Heating
Central, Electric

Exterior & Structure

Property type
Condominium
Year built
1974
Stories
3
Architectural style
None
Construction
Block
Exterior features
Barbecue, Courtyard, Security High Impact Doors
View
Garden, Pool

Parking

Garage spaces
1
Covered spaces
1
Parking features
Guest, One Space

HOA, Community & Financials

Association fee
$850 Monthly
Fee inclusions
Other
Amenities
Bike Storage, Clubhouse, Elevators, Laundry, Barbecue, Picnic Area
Security
Other
Pets allowed
Conditional, Yes
Annual tax
$5,901
Subdivision
GARDENS BY THE SEA CONDO
County
Broward
Days on market
53
MLS listing ID
A11966031
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

-$1,058

Cap rate
3.0%
Net yield
3.0%
Cash-on-cash return
-9.7%
Gross yield
7.9%
Mortgage payment
$2,223/mo
Down payment
$117,250
Loan amount
$351,750
Annual NOI
$13,988

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