900 NE 18th Avenue 1406, Fort Lauderdale, FL 33304 — MLS photo

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900 NE 18th Avenue 1406, Fort Lauderdale, FL 33304

Active · Condominium

$227,500

900 NE 18th Avenue 1406, Fort Lauderdale, FL 33304

Beds
2
Baths
1
Living area
850 sq ft
$ / sq ft
$268/sq ft
Year built
1970
Lot size
—
HOA fee
$600
Annual tax
—

About this property

PRICE REDUCTION! Rare opportunity to own the only 2 adjoining units in Victoria Park Tower (PH #1407 & #1406) being sold simultaneously (as a pair) for $455,000. These SE Corner Penthouse units connected by interior doors offer unique possibilities for multi-generational living, guest quarters, home/office space and/or future investment potential. Enjoy sweeping panoramic ocean, waterfront, & skyline views of the Atlantic, Downtown Ft. Lauderdale, Port Everglades, New River, Middle River, & beyond while watching a daily parade of boats & yachts pass below. Wake to breathtaking beach sunrises & unwind each evening surrounded by the glow of city & waterfront lights. Prime viewing for the Ft. Lauderdale Air Show! No rentals first year of ownership.

Property location

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900 NE 18th Avenue 1406, Fort Lauderdale, FL 33304

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Facts & features

Interior

Bedrooms
2
Bathrooms
1
Living area
850 sq ft

Exterior & Structure

Property type
Condominium
Year built
1970
Lot size
0 sq ft

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$600
County
Broward
MLS listing ID
B26027477
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

-$231

Cap rate
4.5%
Net yield
4.5%
Cash-on-cash return
-4.4%
Gross yield
11.4%
Mortgage payment
$1,078/mo
Down payment
$56,875
Loan amount
$170,625
Annual NOI
$10,169

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