2870 NE 24th Place, Fort Lauderdale, FL 33305 — MLS photo

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2870 NE 24th Place, Fort Lauderdale, FL 33305

Active · SingleFamilyResidence

$7,250,000

2870 NE 24th Place, Fort Lauderdale, FL 33305

Beds
5
Baths
5
Living area
5,003 sq ft
$ / sq ft
$1,449/sq ft
Year built
2017
Lot size
10,000 sq ft
HOA fee
—
Annual tax
—

About this property

Stunning Modern Key West, This Timeless & Sophisticated Design Was Just Built in 2017 By Double P Construction. The Brilliant Livability & Comfort Of This Residence Makes For A Rare Retreat From A Far Too Stifling World. Generous Floor Plan, Perfect For Indoor & Outdoor Entertainment. 20' Tall Great Rm w/ FP & Bar, Inviting, Open and Airy w/ Gallery Walls, Designer Finishes Throughout. Spacious & Rare Club Room. 2nd From The Point Waterfront W/Raised Seawall, 100' Concrete Dock. & Massive Water View. Limestone Pavers On Patio & Dock. Chef's Kitchen W/ 48" Gas Range, Pantry, Large Center Island, Casual Dining Bar. The Expansive Primary Suite Offers A Palm Beach Spa-Style Bath & Separate Custom Dressing Rooms. 3 Luxurious Ensuite Bedrooms with Custom Closets. 5th Br Is A Gym.

Property location

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2870 NE 24th Place, Fort Lauderdale, FL 33305

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Facts & features

Interior

Bedrooms
5
Bathrooms
5
Living area
5,003 sq ft

Exterior & Structure

Property type
SingleFamilyResidence
Year built
2017
Lot size
10,000 sq ft

Parking

Not provided in the MLS listing.

HOA, Community & Financials

County
Broward
MLS listing ID
B26021870
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

-$24,028

Cap rate
1.7%
Net yield
1.7%
Cash-on-cash return
-14.2%
Gross yield
4.8%
Mortgage payment
$34,369/mo
Down payment
$1,812,500
Loan amount
$5,437,500
Annual NOI
$124,084

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