Interior
- Bedrooms
- 1
- Bathrooms
- 1
- Living area
- 600 sq ft
Active · StockCooperative
$149,000
2020 NE 51st Ct 203, Fort Lauderdale, FL 33308
- Beds
- 1
- Baths
- 1
- Living area
- 600 sq ft
- $ / sq ft
- $248/sq ft
- Year built
- 1963
- Lot size
- —
- HOA fee
- $700
- Annual tax
- —
About this property
Whether you're looking for an affordable primary residence or a high-yield investment (NO RENTAL RESTRICTIONS, low HOA fee,$233 monthly), this turnkey unit is ready for a quick close. Great location! Perfectly situated near Federal Highway for easy access to dining, hospital services (Holy Cross Hospital) and the beach (7 minutes away). Complex is only 2 stories. This 1bed, 1 bath, second floor unit, features durable ceramic tile flooring and essential appliances. Among some of the amenities are: heated pool and courtyard, BBQ/picnic areas, 2 assigned parking spaces and common laundry area. A well-maintained and charming community!
Property location
Get Directions2020 NE 51st Ct 203, Fort Lauderdale, FL 33308
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Facts & features
Exterior & Structure
- Property type
- StockCooperative
- Year built
- 1963
Parking
Not provided in the MLS listing.
HOA, Community & Financials
- Association fee
- $700
- County
- Broward
- MLS listing ID
- A11981793
- 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
-$401
- Cap rate
- 2.5%
- Net yield
- 2.5%
- Cash-on-cash return
- -11.5%
- Gross yield
- 12.0%
- Mortgage payment
- $706/mo
- Down payment
- $37,250
- Loan amount
- $111,750
- Annual NOI
- $3,661
Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.