Cays Realty
2840 N Ocean Boulevard 507, Fort Lauderdale, FL 33308 — MLS photo

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2840 N Ocean Boulevard 507, Fort Lauderdale, FL 33308

Active · Condominium

$495,000

2840 N Ocean Boulevard 507, Fort Lauderdale, FL 33308

Beds
1
Baths
1
Living area
769 sq ft
$ / sq ft
$644/sq ft
Year built
1958
Lot size
—
HOA fee
$3,510 Quarterly
Annual tax
$2,884

About this property

This stunning oceanfront unit offers a lifestyle unlike any other overlooking Vista Park and the blue Atlantic. A unique mid-century modern building, Sea Tower is rich in style and character. The unit's spacious porch-like balcony is perfect for dining and entertaining while experiencing ocean breezes and breathtaking views. Its features include impact windows and doors and tastefully updated interior. Nestled in a quiet beachfront community, this secluded coastal building is perfectly positioned to enjoy the peace and tranquility you long for with convenient everyday shopping, cafes, and entertainment nearby. This move-in ready Sea Tower unit deserves your serious consideration. 55+ community.

Property location

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2840 N Ocean Boulevard 507, Fort Lauderdale, FL 33308

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Facts & features

Interior

Bedrooms
1
Bathrooms
1
Living area
769 sq ft
Flooring
Ceramic Tile
Appliances
Built In Oven, Dishwasher, Electric Range, Disposal, Ice Maker, Microwave, Refrigerator, Water Softener Owned, Self Cleaning Oven, Water Purifier
Cooling
Central Air, Ceiling Fans, Electric, Reverse Cycle
Heating
Central, Electric, Heat Pump
Interior features
Bedroom On Main Level, Living Dining Room, Main Living Area Entry Level, Tub Shower, Walk In Closets, Entrance Foyer
Furnished
Negotiable

Exterior & Structure

Property type
Condominium
Year built
1958
Stories
11
Architectural style
One Story
Roof
Flat, Tile
Construction
Other
Exterior features
Balcony, Barbecue, Fence, Lighting, Outdoor Shower, Storm Security Shutters
Pool
None, Association, Community, Heated
Waterfront
Other
View
Garden, Ocean, Other, Water

Parking

Covered spaces
0
Parking features
Open

HOA, Community & Financials

Association fee
$3,510 Quarterly
Fee inclusions
Common Area Maintenance, Cable Tv, Hot Water, Insurance, Laundry, Parking, Pest Control, Pools, Recreation Facilities, Reserve Fund, Sewer, Trash, Water
Association
Associa Florida
Association contact
954-566-2632
Amenities
Bike Storage, Community Kitchen, Controlled Access, Fitness Center, Laundry, Library, Maintenance, Barbecue, Picnic Area, Pool, Shuffleboard Court, Storage, Trash, Vehicle Wash Area, Elevators
Security
Closed Circuit Cameras, Elevator Secured, Fenced, Intercom, Key Card Entry, Other, Phone Entry, Security Gate
Pets allowed
No
Annual tax
$2,884
Subdivision
SEA TOWER
County
Broward
Days on market
212
MLS listing ID
B26005477
Listing status
Active

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Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.

Estimated monthly cash flow

-$1,575

Cap rate
1.9%
Net yield
1.9%
Cash-on-cash return
-13.6%
Gross yield
6.7%
Mortgage payment
$2,347/mo
Down payment
$123,750
Loan amount
$371,250
Annual NOI
$9,257

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