Cays Realty
1750 S Ocean Lane 219, Fort Lauderdale, FL 33316 — MLS photo

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1750 S Ocean Lane 219, Fort Lauderdale, FL 33316

Active · Condominium

$605,000

1750 S Ocean Lane 219, Fort Lauderdale, FL 33316

Beds
2
Baths
2
Living area
1,158 sq ft
$ / sq ft
$522/sq ft
Year built
1962
Lot size
—
HOA fee
$8,013 SemiAnnually
Annual tax
$8,500

About this property

Rarely available , beautifully updated 2 bedroom, 2 bath unit in a building directly on the ocean. Spectacular views of the wide beach and ocean from the balcony. A must see property. Association has hefty reserves and roof was replaced 2 years ago.

Property location

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1750 S Ocean Lane 219, Fort Lauderdale, FL 33316

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Facts & features

Interior

Bedrooms
2
Bathrooms
2
Living area
1,158 sq ft
Flooring
Tile
Appliances
Dryer, Dishwasher, Electric Range, Refrigerator
Cooling
Electric, Central Air
Heating
Central, Electric
Interior features
Bedroom On Main Level, First Floor Entry, Living Dining Room, Custom Mirrors, Main Living Area Entry Level, Split Bedrooms, Tub Shower, Walk In Closets
Furnished
Negotiable

Exterior & Structure

Property type
Condominium
Year built
1962
Stories
3
Architectural style
Other, One Story
Roof
Other
Construction
Block
Exterior features
Balcony, Barbecue, Storm Security Shutters
Pool
None, Association, Community
Waterfront
Ocean Access
View
Ocean, Water

Parking

Covered spaces
0
Parking features
Guest, Open

HOA, Community & Financials

Association fee
$8,013 SemiAnnually
Fee inclusions
Common Area Maintenance, Pools, Trash
Amenities
Bike Storage, Maintenance, Barbecue, Picnic Area, Pool, Storage, Elevators
Security
Door Man, Lobby Secured
Pets allowed
No
Annual tax
$8,500
Subdivision
LAGO MAR PLACE CO-OP
County
Broward
Days on market
126
MLS listing ID
B26025056
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

-$1,224

Cap rate
3.3%
Net yield
3.3%
Cash-on-cash return
-8.7%
Gross yield
7.4%
Mortgage payment
$2,868/mo
Down payment
$151,250
Loan amount
$453,750
Annual NOI
$19,727

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