Interior
- Bedrooms
- 2
- Bathrooms
- 2
- Living area
- 1,000 sq ft
Active · Condominium
$419,000
1501 S Ocean Blvd 211, Lauderdale By The Sea, FL 33062
- Beds
- 2
- Baths
- 2
- Living area
- 1,000 sq ft
- $ / sq ft
- $419/sq ft
- Year built
- 1973
- Lot size
- —
- HOA fee
- $850
- Annual tax
- —
About this property
Live the beach lifestyle – fully furnished and like-new! Spacious 2nd-floor condo directly across from the ocean with ocean access, available fully furnished. Enjoy 30-day minimum rentals up to 12 times per year, perfect for seasonal use or a private coastal retreat. Features include an updated kitchen with stainless steel appliances, impact windows and doors, tile floors throughout, walk-in closet, and sun-filled patio. 40 & 50-year inspections are complete, and all assessments are paid in full, giving you worry-free ownership. Located near top restaurants, shopping, groceries, and parks, in a quiet coastal community. Flexible purchase options: seller accepts cryptocurrency such as Bitcoin or similar, as well as owner financing with $170,000 down payment. Need 24 -48 notice for showing.
Property location
Get Directions1501 S Ocean Blvd 211, Lauderdale By The Sea, FL 33062
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Facts & features
Exterior & Structure
- Property type
- Condominium
- Year built
- 1973
Parking
Not provided in the MLS listing.
HOA, Community & Financials
- Association fee
- $850
- County
- Broward
- MLS listing ID
- A11977403
- 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
-$1,087
- Cap rate
- 2.6%
- Net yield
- 2.6%
- Cash-on-cash return
- -11.1%
- Gross yield
- 8.5%
- Mortgage payment
- $1,986/mo
- Down payment
- $104,750
- Loan amount
- $314,250
- Annual NOI
- $10,788
Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.