Active · Condominium
$389,500
720 Bayshore Dr 301, Fort Lauderdale, FL 33304
- Beds
- 2
- Baths
- 2
- Living area
- 1,473 sq ft
- $ / sq ft
- $264/sq ft
- Year built
- 1971
- Lot size
- —
- HOA fee
- $875 Monthly
- Annual tax
- $8,784
About this property
JUST 3 BLOCKS FROM THE OCEAN! Spacious, tastefully remodeled 2BR/2BA third-floor condo offered at $399,500. Generous floor plan, move-in ready and ideal as a primary residence, vacation home or investment. Major building improvements include completed concrete restoration, 50-year certification, hurricane-impact windows throughout, new elevator motors and a roof warranty. Building insurance premiums have recently decreased. Includes 2 assigned tandem parking spaces, plus guest parking near the building. Walk to the beach, restaurants, shopping, and everyday conveniences. Similar-sized units have sold well into the $400s—an outstanding opportunity to own near the beach at an attractive price!
Interior & exterior features
Appliances
- Dishwasher
- Refrigerator
Cooling
- Central Air
Heating
- Central
Views
- Garden
Parking
- Assigned
- Covered
- Detached
- Garage
- One Space
Interior features
- Bedroom On Main Level
- Third Floor Entry
Exterior features
- Fence
Pool
- Association
Flooring
- Hardwood
- Tile
- Wood
construction
- CBSConcrete Block Structure
- Block
security
- Intercom
association_amenities
- Clubhouse
- Pool
- Vehicle Wash Area
- Elevators
association_fee_includes
- Trash
- Water
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
-$330
- Cap rate
- 4.7%
- Net yield
- 4.7%
- Cash-on-cash return
- -3.6%
- Gross yield
- 11.5%
- Mortgage payment
- $1,846/mo
- Down payment
- $97,375
- Loan amount
- $292,125
- Annual NOI
- $18,197
Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.