5208 NE 24th Terrace F106, Fort Lauderdale, FL 33308 — MLS photo

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5208 NE 24th Terrace F106, Fort Lauderdale, FL 33308

Active · Condominium

$159,900

5208 NE 24th Terrace F106, Fort Lauderdale, FL 33308

Beds
2
Baths
1
Living area
875 sq ft
$ / sq ft
$183/sq ft
Year built
1965
Lot size
—
HOA fee
—
Annual tax
—

About this property

Charming 2 bed condo located in a traditional Florida complex surrounded by tropical landscaping, established palms, heated pool, barbecues and active community area. Awesome 1st floor location with tile floors, open bar in the kitchen leading to the dining table, stainless steel appliances, dome ceiling, spacious family room, bathroom has a unique feature giving a step- in shower, both bedroom have plenty of closet space. This home is beautifully kept and ready for a new owner to bring their personal touches. This complex is a hidden gem of 5 buildings all of which have recently had new roofs, management office is on site and Lauderdale by the sea with its many restaurants and bars is just down the street. No renting allowed.

Property location

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5208 NE 24th Terrace F106, 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
Lot size
0 sq ft

Parking

Not provided in the MLS listing.

HOA, Community & Financials

County
Broward
MLS listing ID
F10556500
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

$702

Cap rate
11.0%
Net yield
11.0%
Cash-on-cash return
18.8%
Gross yield
15.1%
Mortgage payment
$758/mo
Down payment
$39,975
Loan amount
$119,925
Annual NOI
$17,524

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