1620 S Ocean Ln 236, Fort Lauderdale, FL 33316 — MLS photo

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1620 S Ocean Ln 236, Fort Lauderdale, FL 33316

Active · Condominium

$1,050,000

1620 S Ocean Ln 236, Fort Lauderdale, FL 33316

Beds
2
Baths
2
Living area
1,273 sq ft
$ / sq ft
$825/sq ft
Year built
1973
Lot size
—
HOA fee
$4,124
Annual tax
—

About this property

Experience elevated beachfront living at The Oceanage, one of Fort Lauderdale’s most exclusive gated communities. This second-floor residence features 2 bedrooms, 2 full bathrooms plus a versatile space easily converted into a third bedroom, home office, or den, offering both flexibility and long-term value. Soaring ceilings, and impact glass sliders create a bright, open ambiance, while the bedroom captures peaceful views of lush tropical landscaping. Brand new HVAC system installed August 2026, keeping the condo cool for years to come. Just steps from the sand, this residence places you in a private, tropical enclave where the ocean becomes part of your everyday routine. Community amenities include a clubhouse, beach cabana and chairs, bike storage, paddleboard storage, boat dock, heated pool, fitness center, on-site management, and 24/7 security. Whether you’re seeking a full-time coastal retreat, seasonal escape, or a property with strong upside potential, this is a rare opportunity to own in one of Fort Lauderdale’s most desirable beachfront communities. Conveniently located near shopping, restaurants, entertainment, hospitals, The Lago Mar Club Hotel, convention center, international airport, and Port Everglades.

Property location

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1620 S Ocean Ln 236, Fort Lauderdale, FL 33316

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Facts & features

Interior

Bedrooms
2
Bathrooms
2
Living area
1,273 sq ft

Exterior & Structure

Property type
Condominium
Year built
1973

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$4,124
County
Broward
MLS listing ID
A12013228
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

-$6,715

Cap rate
-2.0%
Net yield
-2.0%
Cash-on-cash return
-27.4%
Gross yield
5.9%
Mortgage payment
$4,978/mo
Down payment
$262,500
Loan amount
$787,500
Annual NOI
-$20,855

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