1000 River Reach Drive 212, Fort Lauderdale, FL 33315 — MLS photo

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1000 River Reach Drive 212, Fort Lauderdale, FL 33315

Active · Condominium

$259,000

1000 River Reach Drive 212, Fort Lauderdale, FL 33315

Beds
2
Baths
2
Living area
1,025 sq ft
$ / sq ft
$253/sq ft
Year built
1971
Lot size
—
HOA fee
$3,525
Annual tax
—

About this property

Corner unit so more windows and fewer neighbors! View of the canal and docked boats from balcony and living areas. Hurricane impact glass on all windows and the sliding glass doors. Open balcony. Huge pass through from kitchen to dining and living room areas. Enjoy the convenience of having your own washer and dryer inside the unit. River Reach has gone through extensive upgrades including installation of impact glass throughout the complex, repainting, new landscaping and much more! Assessments have all been paid. This lovely complex is gated and surrounded by water. The sellers said they always felt safe and secure living here. Boat dockage available at $49 per foot. Three pools, community center with workout equipment, plenty of parking and so much more! Easy to show.

Property location

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1000 River Reach Drive 212, Fort Lauderdale, FL 33315

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Facts & features

Interior

Bedrooms
2
Bathrooms
2
Living area
1,025 sq ft

Exterior & Structure

Property type
Condominium
Year built
1971
Lot size
0 sq ft

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$3,525
County
Broward
MLS listing ID
F10552821
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

-$3,013

Cap rate
-8.3%
Net yield
-8.3%
Cash-on-cash return
-49.9%
Gross yield
11.8%
Mortgage payment
$1,228/mo
Down payment
$64,750
Loan amount
$194,250
Annual NOI
-$21,418

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