1620 S Ocean Blvd 16-J, Lauderdale By The Sea, FL 33062 — MLS photo

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1620 S Ocean Blvd 16-J, Lauderdale By The Sea, FL 33062

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 Quarterly
Annual tax
$8,290

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

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1620 S Ocean Blvd 16-J, Lauderdale By The Sea, FL 33062

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Facts & features

Interior

Bedrooms
2
Bathrooms
2
Living area
1,250 sq ft
Flooring
Marble
Appliances
Dryer, Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer
Cooling
Central Air
Heating
Central
Interior features
Bedroom On Main Level
Furnished
Furnished

Exterior & Structure

Property type
Condominium
Year built
1972
Stories
16
Architectural style
High Rise, Penthouse
Construction
Block
Exterior features
Balcony, Security High Impact Doors
Waterfront
Ocean Access, Ocean Front
View
Intercoastal, Other

Parking

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

HOA, Community & Financials

Association fee
$3,657 Quarterly
Fee inclusions
Amenities, Common Areas, Insurance, Maintenance Grounds, Maintenance Structure, Recreation Facilities, Reserve Fund, Roof, Security, Trash, Water
Amenities
Billiard Room, Barbecue, Picnic Area, Elevators
Security
Security Guard, Smoke Detectors
Pets allowed
No
Annual tax
$8,290
Subdivision
OCEAN COLONY CONDO
County
Broward
Days on market
3
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

-$2,378

Cap rate
2.4%
Net yield
2.4%
Cash-on-cash return
-11.6%
Gross yield
6.4%
Mortgage payment
$4,148/mo
Down payment
$218,750
Loan amount
$656,250
Annual NOI
$21,242

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