505 N Fort Lauderdale Beach Boulevard 1403, Fort Lauderdale, FL 33304 — MLS photo

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505 N Fort Lauderdale Beach Boulevard 1403, Fort Lauderdale, FL 33304

Active · Condominium

$238,500

505 N Fort Lauderdale Beach Boulevard 1403, Fort Lauderdale, FL 33304

Beds
0
Baths
1
Living area
584 sq ft
$ / sq ft
$408/sq ft
Year built
2006
Lot size
—
HOA fee
$1,421
Annual tax
—

About this property

Experience elevated beachfront living at Q Club Resort & Residences in this beautifully furnished 14th-floor King bed Studio Jr. suite featuring breathtaking water views from a private balcony. Located directly on Ft Lauderdale Beach, floor-to-ceiling impact glass, full kitchen, washer/dryer, owner's closet & resort-style accommodations. Enjoy world-class amenities including tropical pool deck, spa, fitness center, restaurants, bars, valet, concierge & direct beach access. Designed for a luxury resort lifestyle, this residence is ideal for personal use while participating in the hotel rental program to help offset ownership costs. Strong historical occupancy w/ future upside potential through enhanced revenue opportunities. Mins to Las Olas dining, shopping, entertainment & FLL airport.

Property location

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505 N Fort Lauderdale Beach Boulevard 1403, Fort Lauderdale, FL 33304

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Facts & features

Interior

Bedrooms
0
Bathrooms
1
Living area
584 sq ft

Exterior & Structure

Property type
Condominium
Year built
2006
Lot size
0 sq ft

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$1,421
County
Broward
MLS listing ID
B26033882
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

-$1,532

Cap rate
-2.0%
Net yield
-2.0%
Cash-on-cash return
-27.5%
Gross yield
8.6%
Mortgage payment
$1,131/mo
Down payment
$59,625
Loan amount
$178,875
Annual NOI
-$4,818

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