347 N New River Dr E 2205, Fort Lauderdale, FL 33301 — MLS photo

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347 N New River Dr E 2205, Fort Lauderdale, FL 33301

Active · Condominium

$640,000

347 N New River Dr E 2205, Fort Lauderdale, FL 33301

Beds
2
Baths
2
Living area
1,080 sq ft
$ / sq ft
$593/sq ft
Year built
2004
Lot size
—
HOA fee
$1,261
Annual tax
—

About this property

STUNNING LONG RIVER VIEWS FROM THIS 2/2 SPLIT PLAN ON THE 22ND FLOOR. THE WATERGARDEN IS ONE OF THE ABSOLUTE BEST BUILDINGS IN THIS VERY EXCLUSIVE AREA. WALK TO THE SHOPPING AND DINING ON LAS OLAS BOULEVARD. WALKING DISTANCE TO SUPERMARKET, PHARMACY, ETC. THE RIVERWALK ALONG THE RIVER IS DOWNSTAIRS. MARBLE FLOORS, BRAND NEW (MAY 2026) WOOD FLOORS IN BOTH BEDROOMS (INCL. CLOSETS). GRANITE COUNTERTOPS, STAINLESS STEEL APPLIANCES, IN-UNIT WASHER & DRYER, CLOSET GALORE. VERY RECENTLY PAINTED. BRAND NEW QUEEN MATTRESS AND SPRINGBOX COULD STAY. 5* AMENITIES: HEATED POOL+JACUZZI, CABANA, BARBECUE, SAUNA ,TOP OF THE LINE GYM, PIANO BAR, LIBRARY, THEATRE, BUSINESS CENTER, VALET PARKING, 24H RECEPTION, MANAGEMENT OFFICE ON SITE, CONCIERGE, ETC. QUICK APPROVAL ($100 PER OCCUPANT). 2 PETS MAX. RENT OUT IMMEDIATELY (3 MONTHS MINIMUM, 3 TIMES/YEAR MAXIMUM).

Property location

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347 N New River Dr E 2205, Fort Lauderdale, FL 33301

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Facts & features

Interior

Bedrooms
2
Bathrooms
2
Living area
1,080 sq ft

Exterior & Structure

Property type
Condominium
Year built
2004

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$1,261
County
Broward
MLS listing ID
A12019840
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

-$2,348

Cap rate
1.3%
Net yield
1.3%
Cash-on-cash return
-15.7%
Gross yield
6.9%
Mortgage payment
$3,034/mo
Down payment
$160,000
Loan amount
$480,000
Annual NOI
$8,231

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