Cays Realty
228 Hibiscus Avenue 233, Lauderdale By The Sea, FL 33308 — MLS photo

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228 Hibiscus Avenue 233, Lauderdale By The Sea, FL 33308

Active · Condominium

$224,900

228 Hibiscus Avenue 233, Lauderdale By The Sea, FL 33308

Beds
1
Baths
1
Living area
610 sq ft
$ / sq ft
$369/sq ft
Year built
1965
Lot size
—
HOA fee
$520 Monthly
Annual tax
$3,187

About this property

Perfect beach retreat or great year round nest! Located in the vibrant beach town of Lauderdale By The Sea, this updated 1 bedroom 1 bath condo is located just 2 blocks from the beach and walking distance to all the nightlife and restaurants in the downtown pier area. This nicely updated unit features impact windows, all tile floors, plus a refreshed kitchen with newer appliances. Don't miss this fantastic opportunity to have your very own PLACE AT THE BEACH!

Property location

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228 Hibiscus Avenue 233, Lauderdale By The Sea, FL 33308

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Facts & features

Interior

Bedrooms
1
Bathrooms
1
Living area
610 sq ft
Flooring
Ceramic Tile, Tile
Appliances
Built In Oven, Electric Range, Microwave, Refrigerator, Self Cleaning Oven
Cooling
Central Air
Heating
Central, Electric
Interior features
Bedroom On Main Level, Living Dining Room, Main Living Area Entry Level
Furnished
Unfurnished

Exterior & Structure

Property type
Condominium
Year built
1965
Stories
3
Lot size
0 sq ft
Architectural style
Garden Apartment, Ranch, One Story
Roof
Other
Construction
CBSConcrete Block Structure, Block, Stucco
Exterior features
Lighting
Pool
None, Association, Community
View
Garden

Parking

Covered spaces
0
Parking features
Assigned, Guest, Open, One Space

HOA, Community & Financials

Association fee
$520 Monthly
Fee inclusions
Common Area Maintenance, Laundry, Parking, Pools, Roof, Sewer, Trash, Water
Association
Benchmark
Association contact
617-359-5399
Amenities
Laundry, Barbecue, Picnic Area, Pool, Shuffleboard Court, Storage, Elevators
Pets allowed
No
Annual tax
$3,187
Subdivision
LEISURE BY THE SEA CONDO
County
Broward
Days on market
149
MLS listing ID
B26032668
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

-$438

Cap rate
3.3%
Net yield
3.3%
Cash-on-cash return
-8.4%
Gross yield
9.2%
Mortgage payment
$1,066/mo
Down payment
$56,225
Loan amount
$168,675
Annual NOI
$7,532

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