535 Hendricks Isle 209, Fort Lauderdale, FL 33301 — MLS photo

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535 Hendricks Isle 209, Fort Lauderdale, FL 33301

Active · Condominium

$499,000

535 Hendricks Isle 209, Fort Lauderdale, FL 33301

Beds
2
Baths
2
Living area
800 sq ft
$ / sq ft
$624/sq ft
Year built
1963
Lot size
—
HOA fee
$689
Annual tax
—

About this property

Welcome to Burton Point Condo on Fort Lauderdale's Las Olas Isles. This updated waterfront condominium offering 800 square feet of thoughtfully designed living space. This two-bedroom, one-and-a-half-bath residence features water views from every impact window,north, south and east. This is an excellent opportunity to own waterfront real estate in one of South Florida's most vibrant locations. Burton Point is well managed and is financially healthy. Land lease is included in monthly maintenance.

Property location

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535 Hendricks Isle 209, Fort Lauderdale, FL 33301

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Facts & features

Interior

Bedrooms
2
Bathrooms
2
Living area
800 sq ft

Exterior & Structure

Property type
Condominium
Year built
1963
Lot size
0 sq ft

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$689
County
Broward
MLS listing ID
B26002061
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

-$1,605

Cap rate
1.8%
Net yield
1.8%
Cash-on-cash return
-13.8%
Gross yield
6.8%
Mortgage payment
$2,366/mo
Down payment
$124,750
Loan amount
$374,250
Annual NOI
$9,128

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