Cays Realty
2701 N Atlantic Blvd, Fort Lauderdale, FL 33308 — MLS photo

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2701 N Atlantic Blvd, Fort Lauderdale, FL 33308

Active · SingleFamilyResidence

$4,500,000

2701 N Atlantic Blvd, Fort Lauderdale, FL 33308

Beds
4
Baths
4
Living area
3,084 sq ft
$ / sq ft
$1,459/sq ft
Year built
1950
Lot size
9,334 sq ft
HOA fee
—
Annual tax
$38,563

About this property

Exclusive Fort Lauderdale Beach Investment Opportunity. A rare corner lot in the heart of Fort Lauderdale Beach, offering an unparalleled canvas for your vision. This classic residence, though in need of thoughtful renovation, sits in a premier location just moments from the sand and surf. From the balcony, enjoy sweeping ocean views, while the terrace provides front-row seats to breathtaking sunrises over the Atlantic. Whether you choose to restore its charm or reimagine it into a modern masterpiece, this property represents an extraordinary opportunity for investors and luxury builders alike. Seize the chance to create something truly exceptional in one of South Florida’s most coveted coastal enclaves.

Property location

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2701 N Atlantic Blvd, Fort Lauderdale, FL 33308

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Facts & features

Interior

Bedrooms
4
Bathrooms
4
Living area
3,084 sq ft
Flooring
Tile
Appliances
Dishwasher, Electric Water Heater, Disposal
Cooling
Central Air
Heating
Central
Interior features
Bedroom On Main Level, Dining Area, Separate Formal Dining Room, Dual Sinks, Entrance Foyer, First Floor Entry, Fireplace, Kitchen Island, Kitchen Dining Combo, Separate Shower, Upper Level Primary

Exterior & Structure

Property type
SingleFamilyResidence
Year built
1950
Lot size
9,334 sq ft
Architectural style
Two Story
Roof
Barrel
Construction
Block
Exterior features
Balcony, Fence
Pool
In Ground, Pool
View
Ocean

Parking

Garage spaces
2
Covered spaces
2
Parking features
Attached, Driveway, Garage, Paver Block, Garage Door Opener

HOA, Community & Financials

Annual tax
$38,563
Subdivision
LAUDERDALE BEACH
County
Broward
Days on market
49
MLS listing ID
A12022541
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

-$11,037

Cap rate
2.7%
Net yield
2.7%
Cash-on-cash return
-10.5%
Gross yield
4.8%
Mortgage payment
$21,332/mo
Down payment
$1,125,000
Loan amount
$3,375,000
Annual NOI
$123,538

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