1800 N Andrews Ave 2E, Fort Lauderdale, FL 33311 — MLS photo

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1800 N Andrews Ave 2E, Fort Lauderdale, FL 33311

Active · Condominium

$139,900

1800 N Andrews Ave 2E, Fort Lauderdale, FL 33311

Beds
1
Baths
2
Living area
775 sq ft
$ / sq ft
$181/sq ft
Year built
1975
Lot size
—
HOA fee
$782
Annual tax
—

About this property

DRASTICALLY REDUCED! Spacious Urban Retreat in Desirable Drake Towers, discover a rare "raw canvas" opportunity in the heart of Wilton Manors. This east-facing, spacious 1-bedroom, 1.5-bathroom residence offers a tranquil balcony view and high-impact windows and door for peace of mind, Drake Towers is a meticulously maintained, pet-friendly community that has recently completed its 40-year inspection and features extensive upgrades, including a designer lobby, new elevators, and an elegant clubhouse. Residents enjoy a resort-style heated pool and sundeck overlooking the Middle River, a BBQ area, a car-wash station, and gated, camera-secured parking with 24/7 keyed entrance. The monthly dues offer exceptional value, covering high-speed fiber-optic internet, cable TV, water, trash, and pest control. Located just steps from the vibrant dining and entertainment of Wilton Drive and minutes from Fort Lauderdale’s famous beaches, Las Olas, Riverfront and I-95, this unit combines peaceful living with an unbeatable location. Association requires 20% down and a 650+ credit score. One pet under 20lbs welcome.

Property location

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1800 N Andrews Ave 2E, Fort Lauderdale, FL 33311

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Facts & features

Interior

Bedrooms
1
Bathrooms
2
Living area
775 sq ft

Exterior & Structure

Property type
Condominium
Year built
1975

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$782
County
Broward
MLS listing ID
A12021198
Listing status
Active

Investment intelligence

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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

-$165

Cap rate
4.3%
Net yield
4.3%
Cash-on-cash return
-5.0%
Gross yield
15.3%
Mortgage payment
$663/mo
Down payment
$34,975
Loan amount
$104,925
Annual NOI
$5,982

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