Cays Realty
720 Orton Avenue 505, Fort Lauderdale, FL 33304 — MLS photo

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720 Orton Avenue 505, Fort Lauderdale, FL 33304

Active · Condominium

$395,000

720 Orton Avenue 505, Fort Lauderdale, FL 33304

Beds
2
Baths
1
Living area
810 sq ft
$ / sq ft
$488/sq ft
Year built
1970
Lot size
—
HOA fee
$2,095 Quarterly
Annual tax
$5,859

About this property

Large balcony with ocean view, beautiful sunrises, and great nighttime city skyline. Walk to the beach, neighborhood restaurants, and entertainment. This 2-bedroom condo in a small boutique building has low HOA, new kitchen, fresh paint, and vinyl hardwood flooring. 40-year certification complete, very healthy reserves, heated pool, and assigned off-street parking, all 2 blocks to the beach.

Property location

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720 Orton Avenue 505, Fort Lauderdale, FL 33304

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Facts & features

Interior

Bedrooms
2
Bathrooms
1
Living area
810 sq ft
Flooring
Hardwood, Tile, Vinyl, Wood
Appliances
Dishwasher, Electric Range, Disposal, Ice Maker, Microwave, Refrigerator
Cooling
Ceiling Fans, Electric, Wall Window Units
Heating
None
Interior features
Bedroom On Main Level, Living Dining Room, Custom Mirrors, Main Level Primary, Main Living Area Entry Level, Tub Shower, Walk In Closets, Elevator
Furnished
Unfurnished

Exterior & Structure

Property type
Condominium
Year built
1970
Stories
7
Lot size
0 sq ft
Architectural style
One Story
Roof
Built Up
Construction
Block, Stucco
Exterior features
Balcony, Lighting
Pool
None, Association, Community
View
Ocean, Water

Parking

Covered spaces
0
Parking features
Assigned

HOA, Community & Financials

Association fee
$2,095 Quarterly
Fee inclusions
Common Area Maintenance, Cable Tv, Hot Water, Insurance, Laundry, Legal Accounting, Pest Control, Pools, Reserve Fund, Roof, Sewer, Trash, Water
Association
Choice Property Man
Association contact
350-362-9827
Amenities
Bike Storage, Clubhouse, Laundry, Barbecue, Picnic Area, Pool, Trash, Elevators
Security
Fire Alarm, Intercom, Lobby Secured, Other, Phone Entry, Security System, Smoke Detectors
Pets allowed
No
Annual tax
$5,859
Subdivision
LEISURE SANDS CONDO
County
Broward
Days on market
172
MLS listing ID
B26023350
Listing status
Active

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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

-$1,000

Cap rate
2.7%
Net yield
2.7%
Cash-on-cash return
-10.8%
Gross yield
7.7%
Mortgage payment
$1,873/mo
Down payment
$98,750
Loan amount
$296,250
Annual NOI
$10,475

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