1001 SE 16th Street 7, Fort Lauderdale, FL 33316 — MLS photo

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1001 SE 16th Street 7, Fort Lauderdale, FL 33316

Active · Condominium

$190,000

1001 SE 16th Street 7, Fort Lauderdale, FL 33316

Beds
1
Baths
1
Living area
600 sq ft
$ / sq ft
$317/sq ft
Year built
1967
Lot size
—
HOA fee
$560
Annual tax
—

About this property

Beautifully remodeled 1/1 in the heart of Fort Lauderdale. Walkability 10/10 Ground floor unit in gated Harbor Dale Condos with assigned parking and guest spaces. Fully updated interior with hurricane impact windows, modern kitchen, laminate flooring, large walk-in closet, and rare in unit washer/dryer hookup. Steps to shops, restaurants, and nightlife. Minutes to beaches, airport, Whole Foods, Publix, LA Fitness, marinas, and Las Olas. Pet friendly community with pool, grilling area, and bike storage. OK to lease after you buy. Easy to show.

Property location

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1001 SE 16th Street 7, Fort Lauderdale, FL 33316

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Facts & features

Interior

Bedrooms
1
Bathrooms
1
Living area
600 sq ft

Exterior & Structure

Property type
Condominium
Year built
1967
Lot size
0 sq ft

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$560
County
Broward
MLS listing ID
B26019379
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

-$430

Cap rate
3.0%
Net yield
3.0%
Cash-on-cash return
-9.7%
Gross yield
10.1%
Mortgage payment
$901/mo
Down payment
$47,500
Loan amount
$142,500
Annual NOI
$5,652

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