Interior
- Bedrooms
- 2
- Bathrooms
- 1
- Living area
- 875 sq ft
Active · Condominium
$215,000
5203 NE 24th Terrace B207, Fort Lauderdale, FL 33308
- Beds
- 2
- Baths
- 1
- Living area
- 875 sq ft
- $ / sq ft
- $246/sq ft
- Year built
- 1965
- Lot size
- —
- HOA fee
- $551
- Annual tax
- —
About this property
Motivated Seller. Beautiful renovated unit east of Federal Hwy, close to the Beach, Shopping, Downtown, Wilton Manors, bus routes & highways. Never lived in after renovations. Great Location!!! Move in and enjoy the south Florida lifestyle. Assigned parking, common laundry right around the corner, new elevators coming, building roof 2024 & gutters. Seller has paid all current assessments. Pending Assessment for Structural Repairs for 10 year Recertification between $4500-$7500, nothing has been assessed yet. Seller willing to contribute. Parking #518 in front of the building
Property location
Get Directions5203 NE 24th Terrace B207, Fort Lauderdale, FL 33308
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Facts & features
Exterior & Structure
- Property type
- Condominium
- Year built
- 1965
- Lot size
- 0 sq ft
Parking
Not provided in the MLS listing.
HOA, Community & Financials
- Association fee
- $551
- County
- Broward
- MLS listing ID
- B26008642
- 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
-$87
- Cap rate
- 5.2%
- Net yield
- 5.2%
- Cash-on-cash return
- -1.7%
- Gross yield
- 12.1%
- Mortgage payment
- $1,019/mo
- Down payment
- $53,750
- Loan amount
- $161,250
- Annual NOI
- $11,191
Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.