3101 Bayshore Dr 608, Fort Lauderdale, FL 33304 — MLS photo

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3101 Bayshore Dr 608, Fort Lauderdale, FL 33304

Active · Condominium

$1,200,000

3101 Bayshore Dr 608, Fort Lauderdale, FL 33304

Beds
2
Baths
2
Living area
1,214 sq ft
$ / sq ft
$988/sq ft
Year built
2011
Lot size
—
HOA fee
—
Annual tax
$13,622

About this property

This elegant split-bedroom layout features a spacious king suite, open-concept kitchen and living area, and comes fully furnished and turnkey with in-unit washer & dryer. With no rental restrictions, this property is ideal for investors or personal use, allowing short-or long-term rentals, Airbnb, the W Hotel program, or a 1031 exchange. Residents enjoy world-class W Resort amenities, along with HOA coverage of cable, electricity, high-speed internet, water, and valet service. Perfectly located, just steps from the sand.

Property location

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3101 Bayshore Dr 608, Fort Lauderdale, FL 33304

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Facts & features

Interior

Bedrooms
2
Bathrooms
2
Living area
1,214 sq ft
Flooring
Carpet, Tile
Appliances
Dryer, Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer
Cooling
Central Air, Electric
Heating
Central, Electric
Interior features
Bedroom On Main Level, Closet Cabinetry, Elevator
Furnished
Furnished

Exterior & Structure

Property type
Condominium
Year built
2011
Stories
24
Architectural style
High Rise
Construction
Block
Exterior features
Balcony
Pool
Association
View
Other

Parking

Garage spaces
1
Covered spaces
1
Parking features
Valet

HOA, Community & Financials

Association fee
$0 Monthly
Fee inclusions
Amenities, Common Areas, Cable Tv, Parking, Sewer, Security, Trash
Amenities
Fitness Center, Pool
Security
Door Man, Key Card Entry, Smoke Detectors
Pets allowed
Conditional, Yes
Annual tax
$13,622
Subdivision
FORT LAUDERDALE RESIDENCE
County
Broward
Days on market
0
MLS listing ID
A12001658
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

-$2,587

Cap rate
3.1%
Net yield
3.1%
Cash-on-cash return
-9.2%
Gross yield
5.5%
Mortgage payment
$5,689/mo
Down payment
$300,000
Loan amount
$900,000
Annual NOI
$37,216

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