Cays Realty
1200 SW 12th Street SW 305, Fort Lauderdale, FL 33315 — MLS photo

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1200 SW 12th Street SW 305, Fort Lauderdale, FL 33315

Active · Condominium

$275,000

1200 SW 12th Street SW 305, Fort Lauderdale, FL 33315

Beds
1
Baths
2
Living area
890 sq ft
$ / sq ft
$309/sq ft
Year built
1968
Lot size
—
HOA fee
$754 Monthly
Annual tax
$3,442

About this property

Rio Nuevo is a hidden gem surrounded by a beautiful marina and dock. This unit is a 1/1.5 with a view of the river and the pool. The patio is enclosed by impact windows. Laundry and mailboxes are on the first floor. There is also extra storage. Great community and pet friendly.

Property location

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1200 SW 12th Street SW 305, Fort Lauderdale, FL 33315

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Facts & features

Interior

Bedrooms
1
Bathrooms
2
Living area
890 sq ft
Flooring
Tile
Appliances
Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator
Cooling
Central Air, Electric
Heating
Central, Electric
Interior features
Entrance Foyer, Living Dining Room, Main Living Area Entry Level, Other, Walk In Closets, Pantry
Furnished
Unfurnished

Exterior & Structure

Property type
Condominium
Year built
1968
Stories
3
Lot size
0 sq ft
Architectural style
Other, One Story
Roof
Other
Construction
CBSConcrete Block Structure, Block
Exterior features
Barbecue, Fence, Patio
Pool
None, Association, Community
Waterfront
Other, River Front
View
Pool, River, Water

Parking

Covered spaces
0
Parking features
Guest, Open

HOA, Community & Financials

Association fee
$754 Monthly
Fee inclusions
Insurance, Parking, Pools, Recreation Facilities, Reserve Fund, Sewer, Trash, Water
Association
Oasis Management
Association contact
954-933-7718
Amenities
Controlled Access, Pool, Storage, Elevators
Security
Intercom, Phone Entry, Security Gate
Pets allowed
No
Annual tax
$3,442
Subdivision
RIO NUEVO D CONDO
County
Broward
Days on market
179
MLS listing ID
B26021265
Listing status
Active

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Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.

Estimated monthly cash flow

-$383

Cap rate
4.0%
Net yield
4.0%
Cash-on-cash return
-6.0%
Gross yield
10.3%
Mortgage payment
$1,304/mo
Down payment
$68,750
Loan amount
$206,250
Annual NOI
$11,051

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