640 Tennis Club Drive 103, Fort Lauderdale, FL 33311 — MLS photo

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640 Tennis Club Drive 103, Fort Lauderdale, FL 33311

Active · Condominium

$259,999

640 Tennis Club Drive 103, Fort Lauderdale, FL 33311

Beds
2
Baths
3
Living area
1,496 sq ft
$ / sq ft
$174/sq ft
Year built
1972
Lot size
—
HOA fee
$873
Annual tax
—

About this property

Located in the renowned Tennis Club of Fort Lauderdale, this townhouse apartment sits along the Middle River in a peaceful community & has been converted into a 2 BD ( both large) 2.5 BA. It opens into a large, bright, tiled living room, with assigned parking conveniently located just outside the lockable screened door. The kitchen features matching appliances, double sinks, custom cabinetry, and recessed lighting. Upstairs, there are two spacious split bedrooms with carpeting and two bright tiled bathrooms. Plantation shutters run throughout the home. Just steps away, residents enjoy 20 clay tennis courts, including 10 lighted courts, plus 3 hard courts, a heated pool and spa, a fully equipped gym, and a full-service patio bar and grille. The gated community offers 24/7 security for added peace of mind. It is also conveniently close to the beaches, Wilton Manors, downtown Fort Lauderdale and the airport.

Property location

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640 Tennis Club Drive 103, Fort Lauderdale, FL 33311

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Facts & features

Interior

Bedrooms
2
Bathrooms
3
Living area
1,496 sq ft

Exterior & Structure

Property type
Condominium
Year built
1972
Lot size
0 sq ft

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$873
County
Broward
MLS listing ID
B26031737
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

$398

Cap rate
7.5%
Net yield
7.5%
Cash-on-cash return
6.6%
Gross yield
15.7%
Mortgage payment
$1,233/mo
Down payment
$65,000
Loan amount
$194,999
Annual NOI
$19,570

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