Interior
- Bedrooms
- 3
- Bathrooms
- 2
- Living area
- 1,293 sq ft
Active · Condominium
$580,000
1920 S Ocean Drive 1611, Fort Lauderdale, FL 33316
- Beds
- 3
- Baths
- 2
- Living area
- 1,293 sq ft
- $ / sq ft
- $449/sq ft
- Year built
- 1961
- Lot size
- —
- HOA fee
- $1,052
- Annual tax
- —
About this property
GREAT VIEWS OF THE OCEAN, PORT EVERGLADES AND DOWNTOWN. UPDATED UNIT WITH A LARGE KITCHEN, STEPS TO THE LARGEST BEACH IN THE AREA. 24 HOUR SECURITY, HEATED POOL, GYM AND COMMUNITY ROOM. PLANTATION SHUTTERS THROUGHOUT UNIT. CLOSE TO SHOPPING, GROCERY STORES, BANKS AND RESTAURANTS. MINUTES TO THE AIRPORT. NEWER KITCHEN AID APPLIANCES AND WASHER/DRYER. BUILDING HAS REMODELED LOBBY, COMMUNITY ROOM AND GYM. WELL MANAGED BUILDING WITH RESERVES. THIS UNIT IS MOVE IN READY.
Property location
Get Directions1920 S Ocean Drive 1611, Fort Lauderdale, FL 33316
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Facts & features
Exterior & Structure
- Property type
- Condominium
- Year built
- 1961
Parking
Not provided in the MLS listing.
HOA, Community & Financials
- Association fee
- $1,052
- County
- Broward
- MLS listing ID
- B26031351
- 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
-$1,528
- Cap rate
- 2.5%
- Net yield
- 2.5%
- Cash-on-cash return
- -11.3%
- Gross yield
- 8.1%
- Mortgage payment
- $2,749/mo
- Down payment
- $145,000
- Loan amount
- $435,000
- Annual NOI
- $14,654
Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.