5820 NE 22nd Way 629, Fort Lauderdale, FL 33308 — MLS photo

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5820 NE 22nd Way 629, Fort Lauderdale, FL 33308

Active · Condominium

$178,500

5820 NE 22nd Way 629, Fort Lauderdale, FL 33308

Beds
2
Baths
2
Living area
875 sq ft
$ / sq ft
$204/sq ft
Year built
1970
Lot size
—
HOA fee
$1,823 Quarterly
Annual tax
$1,308

About this property

Rare corner unit filled with natural light throughout. This 2-bedroom, 1.5-bathroom condo faces a beautiful residential street and is located in the highly desirable community of Imperial Point located in east Fort Lauderdale. Convenient access to major roads, minutes from the beach, restaurants, hospitals, shopping, and so much more. All ages welcome. Leasing permitted after 2 years of ownership. Comes with 1 assigned parking space. HOA fee includes basic cable, internet, and water. Building has a NEW Roof! Laundry facility located in the building. Residents can also enjoy a beautiful pool, clubhouse and barbecue area. This unit offers a fantastic opportunity to add your personal touch and create a space that truly feels like home.

Property location

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5820 NE 22nd Way 629, Fort Lauderdale, FL 33308

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Facts & features

Interior

Bedrooms
2
Bathrooms
2
Living area
875 sq ft
Flooring
Tile
Appliances
Dishwasher, Electric Range, Microwave, Refrigerator
Cooling
Central Air
Heating
Central
Interior features
Main Living Area Entry Level, Tub Shower

Exterior & Structure

Property type
Condominium
Year built
1970
Stories
2
Lot size
0 sq ft
Architectural style
One Story
Roof
Other
Construction
CBSConcrete Block Structure, Block
Pool
None, Association, Community

Parking

Covered spaces
0
Parking features
Assigned, Guest

HOA, Community & Financials

Association fee
$1,823 Quarterly
Fee inclusions
Common Area Maintenance, Internet, Laundry, Trash, Water
Amenities
Clubhouse, Laundry, Pool, Storage
Pets allowed
No
Annual tax
$1,308
Subdivision
IMPERIAL POINT GARDENS CON
County
Broward
Days on market
174
MLS listing ID
B26014769
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

$192

Cap rate
7.0%
Net yield
7.0%
Cash-on-cash return
4.6%
Gross yield
13.9%
Mortgage payment
$846/mo
Down payment
$44,625
Loan amount
$133,875
Annual NOI
$12,459

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