1160 N Federal Highway 1118, Fort Lauderdale, FL 33304 — MLS photo

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1160 N Federal Highway 1118, Fort Lauderdale, FL 33304

Active · Condominium

$360,000

1160 N Federal Highway 1118, Fort Lauderdale, FL 33304

Beds
1
Baths
2
Living area
1,211 sq ft
$ / sq ft
$297/sq ft
Year built
1978
Lot size
—
HOA fee
$904 Monthly
Annual tax
$5,385

About this property

Wonderful Opportunity on the INTRACOASTAL in Ft Lauderdale!! This very spacious 1 Bedroom 1 and 1/2 baths SUB PENTHOUSE has everything! Recently remodeled Open Concept Kitchen with S/S Appliances and Granite Countertops. Huge Living Areas, Tile Floors, French Doors, Washer and Dryer in Unit!! Gorgeous amenities include Pool, Clubhouse and Barbecue areas overlooking the Intracoastal. This unit can be sold FURNISHED or UNFURNISHED , ALSO AVAILABLE FOR LONG TERM/SHORT TERM RENTAL Unit has covered garage space and plenty of parking for guest, the buildings have been recently totally renovated. NEW BOAT DOCK AVAILABLE!! East Point Towers is close to everything, the famous Ft Lauderdale Beaches, shopping and restaurants.This unit can also be negotiated as rent to own.

Property location

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1160 N Federal Highway 1118, Fort Lauderdale, FL 33304

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Facts & features

Interior

Bedrooms
1
Bathrooms
2
Living area
1,211 sq ft
Flooring
Ceramic Tile, Tile
Appliances
Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Ice Maker, Microwave, Refrigerator, Washer
Cooling
Central Air
Heating
Central
Interior features
Other, Walk In Closets, Elevator

Exterior & Structure

Property type
Condominium
Year built
1978
Stories
12
Lot size
0 sq ft
Construction
Block
Exterior features
Barbecue, Lighting, Other, Storm Security Shutters
Pool
Association, Community
Waterfront
Intracoastal Access
View
Intercoastal

Parking

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

HOA, Community & Financials

Association fee
$904 Monthly
Fee inclusions
Insurance, Internet, Parking, Recreation Facilities, Reserve Fund, Trash, Water
Amenities
Boat Dock, Business Center, Clubhouse, Fitness Center, Maintenance, Barbecue, Picnic Area, Pool, Elevators
Security
Lobby Secured, Phone Entry, Security Guard, Security System, Intercom, Smoke Detectors
Pets allowed
No
Annual tax
$5,385
Subdivision
East Point Towers
County
Broward
Days on market
203
MLS listing ID
F10554141
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

-$416

Cap rate
4.3%
Net yield
4.3%
Cash-on-cash return
-5.0%
Gross yield
10.6%
Mortgage payment
$1,707/mo
Down payment
$90,000
Loan amount
$270,000
Annual NOI
$15,483

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