Interior
- Bedrooms
- 0
- Bathrooms
- 1
- Living area
- 375 sq ft
Active · Condominium
$315,000
1480 S Ocean Boulevard 111, Lauderdale By The Sea, FL 33062
- Beds
- 0
- Baths
- 1
- Living area
- 375 sq ft
- $ / sq ft
- $840/sq ft
- Year built
- 1959
- Lot size
- —
- HOA fee
- $566
- Annual tax
- —
About this property
This beautifully renovated, turnkey studio is the ultimate Lauderdale-by-the-Sea beach retreat or income-producing asset. Corner unit, perfectly positioned on the first floor with direct beach access. Ready for immediate Airbnb rental income or personal enjoyment. Maintenance fee includes electricity and water. Laundry facilities conveniently located on every floor. Just steps away from Lauderdale-by-the-Sea's charming local shops, dining, entertainment, and places of worship. Whether you're looking for a seasonal snowbird escape, a profitable vacation rental, or a permanent slice of paradise, this oceanfront gem is a rare find in South Florida.
Property location
Get Directions1480 S Ocean Boulevard 111, Lauderdale By The Sea, FL 33062
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Facts & features
Exterior & Structure
- Property type
- Condominium
- Year built
- 1959
- Lot size
- 0 sq ft
Parking
Not provided in the MLS listing.
HOA, Community & Financials
- Association fee
- $566
- County
- Broward
- MLS listing ID
- B26030848
- 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
-$1,355
- Cap rate
- 0.5%
- Net yield
- 0.5%
- Cash-on-cash return
- -18.4%
- Gross yield
- 5.9%
- Mortgage payment
- $1,493/mo
- Down payment
- $78,750
- Loan amount
- $236,250
- Annual NOI
- $1,661
Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.