Interior
- Bedrooms
- 1
- Bathrooms
- 2
- Living area
- 841 sq ft
Active · Condominium
$339,000
340 Sunset Dr 407, Fort Lauderdale, FL 33301
- Beds
- 1
- Baths
- 2
- Living area
- 841 sq ft
- $ / sq ft
- $403/sq ft
- Year built
- 1971
- Lot size
- —
- HOA fee
- $2,188
- Annual tax
- —
About this property
Condo is rented until July 2027 so bring all investors! ROI of 5%. EXQUISITELY UPDATED CONDO IN A FINANCIALLY SECURE BLDG IS READY FOR YOU! LOCATED WITHIN SHORT DISTANCE TO FAMOUS LAS OLAS AND THE BEACH, THIS LOCATION JUST CANNOT BE BEAT. CONDO HAS BEEN FULLY RENOVATED TO INCLUDE AN OPEN KITCHEN WITH A GORGEOUS BLACK & WHITE WATERFALL COUNTER, NEW TILES, AND BEAUTIFUL BATHROOMS. BLDG HAS BEEN UPDATED AND BOASTS A MAGNIFICENT NEW GYM,PARTY ROOM,LIBRARY, RESORT STYLE HEATED POOL, PERGOLA WITH BBQ'S AND TVS, EV CHARGING STATIONS,CAR WASH AREA, BIKE ROOM,24 HR MANNED LOBBY AND MORE. UNIT COMES WITH STORAGE UNIT & COVERED PARKING.
Property location
Get Directions340 Sunset Dr 407, Fort Lauderdale, FL 33301
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Facts & features
Exterior & Structure
- Property type
- Condominium
- Year built
- 1971
Parking
Not provided in the MLS listing.
HOA, Community & Financials
- Association fee
- $2,188
- County
- Broward
- MLS listing ID
- A11999400
- 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
-$2,328
- Cap rate
- -2.6%
- Net yield
- -2.6%
- Cash-on-cash return
- -29.4%
- Gross yield
- 8.7%
- Mortgage payment
- $1,607/mo
- Down payment
- $84,750
- Loan amount
- $254,250
- Annual NOI
- -$8,653
Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.