505 N Fort Lauderdale Beach Blvd 2201, Fort Lauderdale, FL 33304 — MLS photo

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505 N Fort Lauderdale Beach Blvd 2201, Fort Lauderdale, FL 33304

Active · Condominium

$600,000

505 N Fort Lauderdale Beach Blvd 2201, Fort Lauderdale, FL 33304

Beds
2
Baths
2
Living area
1,308 sq ft
$ / sq ft
$459/sq ft
Year built
2006
Lot size
—
HOA fee
$108
Annual tax
—

About this property

Spectacular corner condo at the prestigious Q Club Resort and Residences offering panoramic ocean, Intracoastal and city views from an oversized wraparound balcony. This fully furnished 2 bedroom, 2 bath features floor to ceiling impact windows, abundant natural light, a fully equipped kitchen with stainless steel appliances, washer and dryer inside the unit, and a spacious living area with pull out sofa for additional guests. The split bedroom layout offers privacy, including a lockout suite ideal for personal use or flexible rental options. Enjoy resort style living with world class amenities including tropical pool deck with private cabanas, full-service spa, fitness center, concierge, valet, restaurants, room service, business center, roof top, and more. Located directly across from the beach and just minutes from Las Olas, fine dining, shopping, nightlife and Fort Lauderdale Airport. Optional Hilton rental program available, making this an exceptional vacation home, second residence or income-producing investment opportunity.

Property location

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505 N Fort Lauderdale Beach Blvd 2201, Fort Lauderdale, FL 33304

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Facts & features

Interior

Bedrooms
2
Bathrooms
2
Living area
1,308 sq ft

Exterior & Structure

Property type
Condominium
Year built
2006

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$108
County
Broward
MLS listing ID
A12020386
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

-$649

Cap rate
4.4%
Net yield
4.4%
Cash-on-cash return
-4.6%
Gross yield
8.0%
Mortgage payment
$2,844/mo
Down payment
$150,000
Loan amount
$450,000
Annual NOI
$26,347

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