2048 SW 28th Ter, Fort Lauderdale, FL 33312 — MLS photo

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2048 SW 28th Ter, Fort Lauderdale, FL 33312

Active · SingleFamilyResidence

$779,000

2048 SW 28th Ter, Fort Lauderdale, FL 33312

Beds
4
Baths
2
Living area
2,186 sq ft
$ / sq ft
$356/sq ft
Year built
1968
Lot size
10,904 sq ft
HOA fee
—
Annual tax
$2,068

About this property

Fort Lauderdale waterfront lifestyle opportunity with ocean access, oversized lot, and no HOA for less than $1M. Welcome to this beautifully maintained home in a great location, quiet street on a dead end for less traffic; features 4 bedrooms, 2 bathrooms, spacious living and dining room, kitchen, screened in patio perfect for outdoor entertainment, a canal with direct ocean access that fits a boat up to 30 feet, carport and big enough driveway for up to 4 cars. Featuring a desirable split-bedroom floor plan, abundant natural light, and tasteful modern updates throughout, new vinyl waterproof flooring. Enjoy tropical outdoor living with mature fruit and palm trees, lush landscaping, screened porch, spacious yard, with plenty of room for a pool, boat, or RV parking. Located on a quiet street close to major highways, downtown Fort Lauderdale, beaches, Fort Lauderdale International Airport, shopping, dining and schools. A rare opportunity to own a private waterfront oasis with endless potential!

Property location

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2048 SW 28th Ter, Fort Lauderdale, FL 33312

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Facts & features

Interior

Bedrooms
4
Bathrooms
2
Living area
2,186 sq ft
Flooring
Vinyl
Appliances
Dryer, Dishwasher, Gas Range, Microwave, Refrigerator, Washer
Cooling
Central Air, Ceiling Fans
Heating
Central
Interior features
Bedroom On Main Level, First Floor Entry, Vaulted Ceilings

Exterior & Structure

Property type
SingleFamilyResidence
Year built
1968
Lot size
10,904 sq ft
Architectural style
One Story
Roof
Shingle
Construction
Block
Exterior features
Enclosed Porch, Fence, Fruit Trees, Room For Pool, Shed, Storm Security Shutters
Pool
None
Waterfront
Canal Access, Fixed Bridge, Ocean Access
View
Canal

Parking

Garage spaces
0
Covered spaces
1
Parking features
Covered, Driveway

HOA, Community & Financials

Annual tax
$2,068
Subdivision
CHULA VISTA FIRST ADD REV
County
Broward
Days on market
143
MLS listing ID
A12021299
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

$1,150

Cap rate
7.5%
Net yield
7.5%
Cash-on-cash return
6.3%
Gross yield
9.4%
Mortgage payment
$3,693/mo
Down payment
$194,750
Loan amount
$584,250
Annual NOI
$58,111

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