315 NE 3rd Avenue 1201, Fort Lauderdale, FL 33301 — MLS photo

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315 NE 3rd Avenue 1201, Fort Lauderdale, FL 33301

Active · Condominium

$448,000

315 NE 3rd Avenue 1201, Fort Lauderdale, FL 33301

Beds
2
Baths
3
Living area
1,185 sq ft
$ / sq ft
$378/sq ft
Year built
2007
Lot size
—
HOA fee
$1,314
Annual tax
—

About this property

STRADA 315 HAS BEEN APPROVED FOR FANNIE MAE FINANCING BY OUR PREFERRED LENDER AFTER REVIEWING THE CONDO QUESTIONNAIRE. QUALIFIED BUYERS MAY PURCHASE WITH AS LITTLE AS 5% DOWN! Recently painted corner unit with 2 assigned parking spaces, 2 bedrooms, 2.5 baths, open-concept living, modern kitchen, floor-to-ceiling impact glass, high ceilings, and abundant natural light. Enjoy downtown, city, and partial ocean views. The primary suite offers a walk-in closet and spa-style bath with double sinks, soaking tub, and separate shower. The guest bedroom includes a private bath and generous closet space. Walk to Downtown, Las Olas, Flagler Village, Brightline, restaurants, and shops. Only 15 minutes from FLL Airport and the beach. Pet-friendly building with gym, pool, hot tub, clubhouse.

Property location

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315 NE 3rd Avenue 1201, Fort Lauderdale, FL 33301

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Facts & features

Interior

Bedrooms
2
Bathrooms
3
Living area
1,185 sq ft

Exterior & Structure

Property type
Condominium
Year built
2007
Lot size
0 sq ft

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$1,314
County
Broward
MLS listing ID
B26012905
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

-$1,380

Cap rate
2.0%
Net yield
2.0%
Cash-on-cash return
-13.2%
Gross yield
9.0%
Mortgage payment
$2,124/mo
Down payment
$112,000
Loan amount
$336,000
Annual NOI
$8,926

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