1920 S Ocean Drive 1504, Fort Lauderdale, FL 33316 — MLS photo

Active · Condominium

$299,000

1920 S Ocean Drive 1504, Fort Lauderdale, FL 33316

Beds: 1
Baths: 1
Living area: 805 sq ft
$ / sq ft: $371/sq ft
Year built: 1961
Lot size: —
HOA fee: $871 Monthly
Annual tax: $1,280

About this property

Beautifully updated 1-bedroom, 1-bath condo in East Fort Lauderdale just steps from the beach. Light, bright, and open, this residence features a modern kitchen with granite countertops, stainless steel appliances, and a seamless flow into the living space. An updated bathroom, stylish flooring throughout, new A/C, and generous closet space make this a true move-in-ready home. Enjoy stunning ocean and inlet views from your private balcony while watching cruise ships, yachts, and boats pass by — a true South Florida waterfront experience. Prime location in the heart of it all — just a short walk to Fort Lauderdale Beach and minutes to Las Olas, top dining, shopping, and the airport. Atlantic Towers is financially stable with no pending assessments and offers full amenities.

Property location

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1920 S Ocean Drive 1504, Fort Lauderdale, FL 33316

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Facts & features

Interior

Bedrooms: 1
Bathrooms: 1
Living area: 805 sq ft
Flooring: Hardwood, Tile, Wood
Appliances: Built In Oven, Dishwasher, Electric Range, Electric Water Heater, Disposal, Ice Maker, Microwave, Refrigerator, Self Cleaning Oven, Trash Compactor
Cooling: Central Air, Ceiling Fans, Electric, Wall Window Units, Zoned
Heating: Electric, Heat Pump
Interior features: Breakfast Area, Eat In Kitchen, Living Dining Room, Elevator, Pantry
Furnished: Furnished

Exterior & Structure

Property type: Condominium
Year built: 1961
Stories: 16
Architectural style: One Story
Roof: Flat, Other, Tile
Construction: Brick, CBSConcrete Block Structure, Block, Other
Exterior features: Balcony, Barbecue, Courtyard, Outdoor Shower
Pool: None, Association, Community, Heated
View: Intercoastal, Lake, Ocean, Pool, Water

Parking

Covered spaces: 0
Parking features: Assigned, Common, Guest

HOA, Community & Financials

Association fee: $871 Monthly
Fee inclusions: Common Area Maintenance, Insurance, Laundry, Legal Accounting, Parking, Pest Control, Pools, Recreation Facilities, Reserve Fund, Sewer, Security, Trash, Water
Amenities: Billiard Room, Bike Storage, Clubhouse, Fitness Center, Laundry, Library, Maintenance, Barbecue, Other, Picnic Area, Pool, Guard, Shuffleboard Court, Security, Storage, Trash, Vehicle Wash Area, Elevators
Security: Building Security, Closed Circuit Cameras, Complex Fenced, Door Man, Fire Alarm, Security Gate, Gated With Guard, Lobby Secured, Security Guard, Security System, Fire Sprinkler System, Smoke Detectors
Pets allowed: No
Annual tax: $1,280
Subdivision: ATLANTIC TOWERS CO-OP
County: Broward
Days on market: 170
MLS listing ID: B26021555
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.

Down payment (%)

Interest rate (%)

Loan term (yrs)

Monthly rent ($)

Monthly HOA ($)

Property taxes ($/yr)

Home insurance ($/yr)

Vacancy (%)

Estimated monthly cash flow

-$526

Cap rate: 3.6%
Net yield: 3.6%
Cash-on-cash return: -7.5%
Gross yield: 9.1%
Mortgage payment: $1,417/mo
Down payment: $74,750
Loan amount: $224,250
Annual NOI: $10,702

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