Cays Realty
701 N Fort Lauderdale Beach Boulevard 406, Fort Lauderdale, FL 33304 — MLS photo

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701 N Fort Lauderdale Beach Boulevard 406, Fort Lauderdale, FL 33304

Active · Condominium

$3,000,000

701 N Fort Lauderdale Beach Boulevard 406, Fort Lauderdale, FL 33304

Beds
3
Baths
4
Living area
2,420 sq ft
$ / sq ft
$1,240/sq ft
Year built
2017
Lot size
—
HOA fee
$4,257 Monthly
Annual tax
$44,164

About this property

Experience luxury coastal living in this spacious 3-bedroom, 3 full and 1 half-bath residence at Paramount Fort Lauderdale. This elegant home features a private elevator entry, floor-to-ceiling windows, and an expansive terrace ideal for relaxing or entertaining. Refined finishes and top-of-the-line appliances enhance the open-concept kitchen, dining, and living areas. Residents enjoy resort-style amenities including a fitness center, yoga studio, steam room and sauna, massage rooms, BBQ and outdoor dining areas, oceanfront infinity pool with hot tub and beach service, plus on-site dining at Truluck's Ocean's Finest Seafood & Crab.

Property location

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701 N Fort Lauderdale Beach Boulevard 406, Fort Lauderdale, FL 33304

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Facts & features

Interior

Bedrooms
3
Bathrooms
4
Living area
2,420 sq ft
Flooring
Hardwood, Marble, Tile, Wood
Appliances
Built In Oven, Dryer, Dishwasher, Electric Water Heater, Disposal, Ice Maker, Microwave, Refrigerator, Self Cleaning Oven, Wine Cooler, Washer
Cooling
Central Air
Heating
Central, Electric
Interior features
Breakfast Bar, Dual Sinks, Entrance Foyer, Eat In Kitchen, High Ceilings, Kitchen Island, Living Dining Room, Main Living Area Entry Level, Split Bedrooms, Elevator, Bar
Furnished
Furnished

Exterior & Structure

Property type
Condominium
Year built
2017
Stories
18
Lot size
0 sq ft
Roof
Concrete
Construction
Block
Exterior features
Balcony, Lighting, Other
Pool
None, Association, Community
Waterfront
Ocean Access, Other
View
Intercoastal, Ocean

Parking

Garage spaces
2
Covered spaces
2
Parking features
Assigned, Detached, Garage, Guest, Two Or More Spaces, Valet

HOA, Community & Financials

Association fee
$4,257 Monthly
Fee inclusions
Parking, Sewer, Water
Association
First Service Resind
Association contact
954-393-0200
Amenities
Cabana, Clubhouse, Elevators, Fitness Center, Maintenance, Pool, Sauna, Storage
Security
Door Man, Fire Alarm, Lobby Secured, Security System, Fire Sprinkler System, Smoke Detectors
Pets allowed
No
Annual tax
$44,164
Subdivision
PARAMOUNT FT LAUDERDALE CO
County
Broward
Days on market
136
MLS listing ID
B26026675
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

-$12,563

Cap rate
0.7%
Net yield
0.7%
Cash-on-cash return
-17.9%
Gross yield
5.0%
Mortgage payment
$14,222/mo
Down payment
$750,000
Loan amount
$2,250,000
Annual NOI
$19,897

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