6315 Bay Club Dr 3, Fort Lauderdale, FL 33308 — MLS photo

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6315 Bay Club Dr 3, Fort Lauderdale, FL 33308

Active · Condominium

$341,000

6315 Bay Club Dr 3, Fort Lauderdale, FL 33308

Beds
2
Baths
2
Living area
1,200 sq ft
$ / sq ft
$284/sq ft
Year built
1973
Lot size
—
HOA fee
$1,975 Quarterly
Annual tax
$7,085

About this property

Welcome to Bay Colony Club — one of Fort Lauderdale’s best-kept secrets for waterfront living. This gated community offers 24-hour security with a staffed gatehouse and patrol, resort-style amenities including tennis, pickleball, four pools, three clubhouses, two fitness centers, and dockage for boats. This second-floor condo overlooks the canal and features tile flooring throughout, along with washer/dryer in the unit, ENCLOSED BALCONY, a remodeled kitchen and updated bathrooms. The unit is being offered fully furnished, making it an easy move-in or turnkey seasonal home. Association requirements include: Minimum 700 credit score, 25% down payment for buyers.

Property location

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6315 Bay Club Dr 3, Fort Lauderdale, FL 33308

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Facts & features

Interior

Bedrooms
2
Bathrooms
2
Living area
1,200 sq ft
Flooring
Ceramic Tile, Parquet, Tile
Appliances
Dryer, Dishwasher, Electric Range, Microwave, Refrigerator, Washer
Cooling
Central Air, Ceiling Fans
Heating
Central
Interior features
First Floor Entry

Exterior & Structure

Property type
Condominium
Year built
1973
Stories
2
Architectural style
None
Construction
Block
Exterior features
None, Tennis Courts
Pool
Association
Waterfront
Canal Front
View
Canal

Parking

Garage spaces
0
Covered spaces
0
Parking features
Assigned

HOA, Community & Financials

Association fee
$1,975 Quarterly
Fee inclusions
Association Management, Amenities, Common Areas, Cable Tv, Insurance, Internet, Maintenance Grounds, Parking, Pools, Recreation Facilities, Sewer, Security, Trash, Water
Amenities
Boat Dock, Clubhouse, Pool, Tennis Courts
Security
Complex Fenced, Security Guard
Pets allowed
No
Annual tax
$7,085
Subdivision
BAY COLONY CLUB CONDO
County
Broward
Days on market
113
MLS listing ID
A12007953
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

-$276

Cap rate
4.7%
Net yield
4.7%
Cash-on-cash return
-3.5%
Gross yield
10.9%
Mortgage payment
$1,617/mo
Down payment
$85,250
Loan amount
$255,750
Annual NOI
$16,090

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