Cays Realty
347 N New River Drive E Ph 4, Fort Lauderdale, FL 33301 — MLS photo

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347 N New River Drive E Ph 4, Fort Lauderdale, FL 33301

Active · Condominium

$1,200,000

347 N New River Drive E Ph 4, Fort Lauderdale, FL 33301

Beds
2
Baths
3
Living area
1,918 sq ft
$ / sq ft
$626/sq ft
Year built
2004
Lot size
—
HOA fee
$2,239 Monthly
Annual tax
$23,284

About this property

Enjoy penthouse living at the WaterGarden. Located in downtown Fort Lauderdale overlooking the New River. This exclusive penthouse features high ceilings, a grand entry foyer, split-floor-plan featuring two primary suites, with two full bath and half bath, walk-in closets, and expansive living areas filled with natural light. Interior finishes include travertine marble tile and Venetian plaster walls in the junior primary suite. Located just steps from world-famous Las Olas Boulevard, residents can enjoy premier dining, shopping, nightlife, and entertainment. Bike to the beach, hop on the Water Taxi, and enjoy a vibrant walkable lifestyle. WaterGarden amenities include a resort-style pool and spa, two story fitness center, club room, theater, business center, dry sauna, valet, & much more. See attached for disclosures

Property location

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347 N New River Drive E Ph 4, Fort Lauderdale, FL 33301

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Facts & features

Interior

Bedrooms
2
Bathrooms
3
Living area
1,918 sq ft
Flooring
Hardwood, Tile, Wood
Appliances
Built In Oven, Dryer, Dishwasher, Electric Range, Disposal, Microwave, Refrigerator, Self Cleaning Oven, Washer
Cooling
Central Air, Ceiling Fans
Heating
Central
Interior features
Bedroom On Main Level, Dual Sinks, Entrance Foyer, High Ceilings, Living Dining Room, Main Living Area Entry Level, Split Bedrooms, Shower Only, Tub Shower, Walk In Closets, Pantry
Furnished
Negotiable

Exterior & Structure

Property type
Condominium
Year built
2004
Stories
32
Lot size
0 sq ft
Architectural style
Contemporary Modern, Penthouse, One Story
Roof
Built Up
Construction
Block
Exterior features
Balcony
Pool
None, Association, Community
Spa
Community
Waterfront
Other, River Front
View
River, Water

Parking

Garage spaces
2
Covered spaces
2
Parking features
Assigned, Attached, Covered, Electric Vehicle Charging Stations, Garage, Guest, Two Or More Spaces, Valet, Garage Door Opener

HOA, Community & Financials

Association fee
$2,239 Monthly
Fee inclusions
Association Management, Common Area Maintenance, Hot Water, Insurance, Legal Accounting, Parking, Reserve Fund, Sewer, Security, Water
Association
First Service Reside
Association contact
same
Amenities
Billiard Room, Bike Storage, Business Center, Clubhouse, Elevators, Fitness Center, Management, Maintenance, Pool, Sauna, Spa Hot Tub, Security, Trash, Vehicle Wash Area
Security
Door Man, Secured Garage Parking, Lobby Secured, Security Guard, Security System, Smoke Detectors
Pets allowed
No
Annual tax
$23,284
Subdivision
WATERGARDEN CONDO
County
Broward
Days on market
145
MLS listing ID
B26033671
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

-$4,491

Cap rate
1.2%
Net yield
1.2%
Cash-on-cash return
-16.0%
Gross yield
6.8%
Mortgage payment
$5,689/mo
Down payment
$300,000
Loan amount
$900,000
Annual NOI
$14,370

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