671 Middle River Drive, Fort Lauderdale, FL 33304 — MLS photo

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671 Middle River Drive, Fort Lauderdale, FL 33304

Active · SingleFamilyResidence

$21,900,000

671 Middle River Drive, Fort Lauderdale, FL 33304

Beds
5
Baths
7
Living area
9,138 sq ft
$ / sq ft
$2,397/sq ft
Year built
2020
Lot size
16,787 sq ft
HOA fee
$195
Annual tax
—

About this property

An unparalleled gated waterfront estate located on the deep waters of the Middle River nestled in a gated police patrolled community. Situated on a 90ft waterfront lot, this property offers views of the intracoastal in the distance and full southeast sun exposure that perfects the resort-style grounds, pool, hot tub and covered outdoor kitchen perfect for entertaining. The home is impressively finished with designer details, wood paneling, leather wall coverings, marble & onyx. The expansive floor plan offers 5 bedrooms, 9 bathrooms, 4 car garage equipped with a car lift, office, gym, club room, elevator, chefs kitchen, 20' long kitchen island, wine cellar, newer seawall & 18'X90' concrete dock extending the lot on the water finished. This home comes fully furnished as seen in the photos.

Property location

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671 Middle River Drive, Fort Lauderdale, FL 33304

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Facts & features

Interior

Bedrooms
5
Bathrooms
7
Living area
9,138 sq ft

Exterior & Structure

Property type
SingleFamilyResidence
Year built
2020
Lot size
16,787 sq ft

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$195
County
Broward
MLS listing ID
B26016102
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

-$82,456

Cap rate
1.2%
Net yield
1.2%
Cash-on-cash return
-16.1%
Gross yield
4.2%
Mortgage payment
$103,817/mo
Down payment
$5,475,000
Loan amount
$16,425,000
Annual NOI
$256,328

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