1851 NE 62nd Street 608, Fort Lauderdale, FL 33308 — MLS photo

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1851 NE 62nd Street 608, Fort Lauderdale, FL 33308

Active · Condominium

$89,000

1851 NE 62nd Street 608, Fort Lauderdale, FL 33308

Beds
1
Baths
1
Living area
650 sq ft
$ / sq ft
$137/sq ft
Year built
1966
Lot size
—
HOA fee
$495
Annual tax
—

About this property

IMPERIAL POINT. ALL AGES. RENT AFTER 2 YEARS. FULLY FUNDED, LOW HOA, $495. CASH ONLY, no pets/trucks. 1 bed condo/coop in exclusive Imperial Point. BEAUTIFUL POOL, SUNDECK, CLUBHOUSE, SHUFFLEBOARD. Fantastic opportunity to live 2 miles from LAUDERDALE BY THE SEA BEACH in South Florida. Large living room open to Kitchen, walk-in closet. Parking space just steps from your door. Walk to the Library or Imperial Point PARK w/COVERED PADDED PLAYGROUND, Swings, Play Area, Picnic Tables, walk/Jog Track, Fitness Trail. This great neighborhood of million-dollar homes is known for friendly neighbors you'll meet while walking the dog or biking/jogging thru the streets. Walk to McNab Elem or Westminster Academy and Pine Crest Private. Close to chain restaurants galore plus don't miss the favorite LOCALS: Michael's Cafe, Mom's Kitchen, The Bradley, Vito's Pizza, Subs, Asian, Thai, Sushi, Panera, Einsteins, Goldberg's, Living Green, Gourmet Garden, Coffee Houses to name a few, plus tailors, dog groomers, dry cleaners, hospitals, CVS, Publix, Fresh Market, Whole Foods, FedEx, UPS, Lowe's, Home Goods, Trader Joes, Nordstroms Rack or Galleria Mall w/exhausting shopping opportunities :) You won't want to leave home, but when you do, there are TWO BEACH OPTIONS w/in 10 minutes: FAMOUS LAUDERDALE-by-the-SEA & the NEW FISHER FAMILY PIER/FISHING VILLAGE; both have Shopping, Waterfront Restaurants, Pizza and everything from Fudge to 5-Star DINING, Clubs/Bars and kid-friendly entertainment. THE POMP, a $2 billion project for the New Casino will be completed soon w/ 1.3M sft Retail and Entertainment space, including the newly renovated HARRAH'S CASINO, TOP-GOLF and a ton of dining options. There are ONLY 10 Minutes to 95 South for Airport access in 25 minutes, South Beach/Miami in 45 minutes, and 95 North 40 minutes to West Palm. EZ TO SHOW. Close to 95 for Airport access in 25 minutes, South Beach/Miami in 45 minutes, and 95 North 40 minutes to West Palm. You are going to LOVE this new home.

Property location

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1851 NE 62nd Street 608, Fort Lauderdale, FL 33308

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Facts & features

Interior

Bedrooms
1
Bathrooms
1
Living area
650 sq ft

Exterior & Structure

Property type
Condominium
Year built
1966
Lot size
0 sq ft

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$495
County
Broward
MLS listing ID
B26030943
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

$116

Cap rate
7.2%
Net yield
7.2%
Cash-on-cash return
5.6%
Gross yield
19.1%
Mortgage payment
$422/mo
Down payment
$22,250
Loan amount
$66,750
Annual NOI
$6,451

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