2039 Oceanwalk Ter 401, Lauderdale By The Sea, FL 33062 — MLS photo

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2039 Oceanwalk Ter 401, Lauderdale By The Sea, FL 33062

Active · Townhouse

$655,000

2039 Oceanwalk Ter 401, Lauderdale By The Sea, FL 33062

Beds
2
Baths
3
Living area
1,724 sq ft
$ / sq ft
$380/sq ft
Year built
2002
Lot size
—
HOA fee
$497
Annual tax
—

About this property

Wake up to ocean views and enjoy the ultimate South Florida beach lifestyle. This beautifully renovated 2-bedroom, 2.5-bath townhome at The Reserve at OceanWalk Villas is located directly across A1A from the Atlantic Ocean, with beach access just steps away. Renovated in 2018, this move-in-ready home offers 1,724 square feet of living space with French marble flooring throughout, impact-resistant windows and doors, fresh interior paint, and ocean views from the primary bedroom. Major updates include a new roof (May 2026), A/C with a transferable 10-year warranty (2022), electrical panel (2022), and a Stiebel Eltron tankless water heater (2024). Additional features include an attached garage, covered carport, and a prime coastal location just moments from the beach. Experience the best of oceanfront living with breathtaking sunrises, beach walks, and the Atlantic Ocean as your backyard.

Property location

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2039 Oceanwalk Ter 401, Lauderdale By The Sea, FL 33062

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Facts & features

Interior

Bedrooms
2
Bathrooms
3
Living area
1,724 sq ft

Exterior & Structure

Property type
Townhouse
Year built
2002

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$497
County
Broward
MLS listing ID
A11974171
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

-$608

Cap rate
4.6%
Net yield
4.6%
Cash-on-cash return
-4.0%
Gross yield
9.0%
Mortgage payment
$3,105/mo
Down payment
$163,750
Loan amount
$491,250
Annual NOI
$29,969

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