1350 River Reach Drive 115, Fort Lauderdale, FL 33315 — MLS photo

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1350 River Reach Drive 115, Fort Lauderdale, FL 33315

Active · Condominium

$399,000

1350 River Reach Drive 115, Fort Lauderdale, FL 33315

Beds
2
Baths
2
Living area
1,250 sq ft
$ / sq ft
$319/sq ft
Year built
1972
Lot size
—
HOA fee
$1,208
Annual tax
—

About this property

Bring your boat! No expense spared and no detail overlooked. Open kitchen with stainless appliances, creative cabinets, granite countertops, wine cooler, unique hardware. Remote window shades. Large master ensuite with walk in closet & wall to wall shelves, drawers & hanging space. Seller to credit Buyer one year of prepaid dockage if closed by August 1st. Super convenient 1st floor location. Live the Island Life and enjoy the city vibes of Fort Lauderdale. River Reach is a resort style community surrounded by waterways. Dockage to owner residents at $40 per ft-per yr to 50' OAL when available. No fixed bridges to the Intracoastal. Gated tropical island community. Resort Style Amenities: Club room, Fitness center, heated pools w/BBQ grills, 2 tennis courts-Pickleball

Property location

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1350 River Reach Drive 115, Fort Lauderdale, FL 33315

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Facts & features

Interior

Bedrooms
2
Bathrooms
2
Living area
1,250 sq ft

Exterior & Structure

Property type
Condominium
Year built
1972
Lot size
0 sq ft

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$1,208
County
Broward
MLS listing ID
B26010598
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

-$952

Cap rate
2.8%
Net yield
2.8%
Cash-on-cash return
-10.2%
Gross yield
10.1%
Mortgage payment
$1,891/mo
Down payment
$99,750
Loan amount
$299,250
Annual NOI
$11,278

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