5208 NE 24th Terrace F118, Fort Lauderdale, FL 33308 — MLS photo

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5208 NE 24th Terrace F118, Fort Lauderdale, FL 33308

Active · Condominium

$224,900

5208 NE 24th Terrace F118, Fort Lauderdale, FL 33308

Beds
2
Baths
1
Living area
875 sq ft
$ / sq ft
$257/sq ft
Year built
1965
Lot size
—
HOA fee
$520
Annual tax
—

About this property

Ideally located east of US-1, this charming residence places you just moments from local shops, restaurants, the bus line, and the beautiful beaches of Lauderdale-by-the-Sea. Enjoy the convenience of a highly walkable location while being part of a peaceful and welcoming community. The bright and functional layout features a modern kitchen with elegant granite countertops, impact windows throughout, and an updated bathroom. Overlooking the beautifully maintained community garden, the unit is also just steps from the pool and clubhouse, creating a relaxing environment to enjoy year-round. This 2-bedroom, 1-bath condo offers comfortable living in a prime South Florida location, perfect for those seeking both convenience and lifestyle.

Property location

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5208 NE 24th Terrace F118, Fort Lauderdale, FL 33308

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Facts & features

Interior

Bedrooms
2
Bathrooms
1
Living area
875 sq ft

Exterior & Structure

Property type
Condominium
Year built
1965

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$520
County
Broward
MLS listing ID
F10556367
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

-$100

Cap rate
5.2%
Net yield
5.2%
Cash-on-cash return
-1.9%
Gross yield
11.7%
Mortgage payment
$1,066/mo
Down payment
$56,225
Loan amount
$168,675
Annual NOI
$11,597

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