Interior
- Bedrooms
- 2
- Bathrooms
- 2
- Living area
- 1,250 sq ft
Active · Condominium
$875,000
1620 S Ocean Blvd 16-J, Lauderdale By The Sea, FL 33062
- Beds
- 2
- Baths
- 2
- Living area
- 1,250 sq ft
- $ / sq ft
- $700/sq ft
- Year built
- 1972
- Lot size
- —
- HOA fee
- $3,657
- Annual tax
- —
About this property
LUXURIOUS HIGH END PENTHOUSE CONDO WITH SPECTACULAR SUNSETS VIEW, INTERCOSTAL AND CITY LIGHTS FROM THE PRIVATE PATIO. THIS COMPLETELY REMODELED 2/2 UNIT IS LOCATED IN THE HEART OF LAUDERDALE-BY-THE-SEA, WITH DIRECT ACCESS, WHERE YOU CAN ENJOY THE BEAUTIFUL DEEDED BEACH. THIS ELEGANT UNIT FEATURES MARBLE FLOORS THROUGH OUT, A NICE GOURMET KITCHEN WITH GRANIT COUNTERTOPS & STAINLESS STEEL APPLIANCES, EXQUISITE BATHROOMS WITH FLOOR TO CEILING MARBLE WALLS. WITH COMPLETE PANORAMIC IMPACT WINDOWS AND DOORS ,THIS UNIT PROVIDES A LOT OF DAY LIGHT. TOP FLOORS ARE THE BEST FOR TRANQUILITY IF YOU'RE LOOKING TO ESCAPE FROM DAILY STRESS OR FOR CREATIVE WORKING ENVIRONMENT. IT HAS IT ALL. CLOSE TO A MULTITUDE OF RESTAURANTS, ENTERTAINMENT, GROCERIE STORES, PHARMACIES AND MORE. COME SEE THAT GEM !! EASY TO SHOW !!
Property location
Get Directions1620 S Ocean Blvd 16-J, Lauderdale By The Sea, FL 33062
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Facts & features
Exterior & Structure
- Property type
- Condominium
- Year built
- 1972
Parking
Not provided in the MLS listing.
HOA, Community & Financials
- Association fee
- $3,657
- County
- Broward
- MLS listing ID
- A11973225
- 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
-$5,510
- Cap rate
- -1.9%
- Net yield
- -1.9%
- Cash-on-cash return
- -27.0%
- Gross yield
- 6.4%
- Mortgage payment
- $4,148/mo
- Down payment
- $218,750
- Loan amount
- $656,250
- Annual NOI
- -$16,349
Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.