1160 N Federal Highway 517, Fort Lauderdale, FL 33304 — MLS photo

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1160 N Federal Highway 517, Fort Lauderdale, FL 33304

Active · Condominium

$299,000

1160 N Federal Highway 517, Fort Lauderdale, FL 33304

Beds
1
Baths
2
Living area
1,005 sq ft
$ / sq ft
$298/sq ft
Year built
1978
Lot size
—
HOA fee
$856
Annual tax
—

About this property

** OWNER FINANCING WITH 40% DOWN AT 5% INTEREST ONLY FOR 4 YEARS. NO PREPAYMENT PENALTY! ** LOCATED IN A PRIME LOCATION IN THE HEART OF FORT LAUDERDALE, THIS BRIGHT AND SPACIOUS - 5TH FLOOR RESIDENCE OFFERS 1,005 SQ FT WITH 1 BD AND 1.5 BATH, OVERLOOKING A BEAUTIFULLY LANDSCAPED COURTYARD AND THE MIDDLE RIVER. MINUTES TO LAS OLAS, THE GALLERIA, DOWNTOWN, FORT LAUDERDALE BEACH, AIRPORT, AND BRIGHTLINE COMMUTER RAIL. THE UNIT FEATURES AN UPDATED KITCHEN, IMPACT WINDOWS AND DOORS, LARGE WALK-IN CLOSET, PLANTATION SHUTTERS. ENJOY POOLSIDE RELAXATION IN THIS CHARMING RIVERFRONT OASIS. MAINTENANCE INCLUDES HIGH SPEED FIBER-OPTIC WI-FI AND CABLE. EAST POINT TOWERS OFFERS A HEATED POOL, FITNESS CENTER, SAUNA, COMMUNITY LOUNGE, SUN DECK, CAR WASH AREA, AND PRIVATE DOCKAGE WHEN AVAILABLE. OWNER FINANCING NOW AVAILABLE.... 40% DOWN PAYMENT REQUIRED . OWNER WILL FINANCE BALANCE AT 5% INTEREST ONLY MONTHLY MORTGAGE PAYMENT FOR 4 YEARS . NO PREPAYMENT PENALTY!!!!!!!!!

Property location

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1160 N Federal Highway 517, Fort Lauderdale, FL 33304

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Facts & features

Interior

Bedrooms
1
Bathrooms
2
Living area
1,005 sq ft

Exterior & Structure

Property type
Condominium
Year built
1978
Lot size
0 sq ft

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$856
County
Broward
MLS listing ID
B26015532
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

-$553

Cap rate
3.5%
Net yield
3.5%
Cash-on-cash return
-7.9%
Gross yield
10.6%
Mortgage payment
$1,417/mo
Down payment
$74,750
Loan amount
$224,250
Annual NOI
$10,369

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