Interior
- Bedrooms
- 2
- Bathrooms
- 2
- Living area
- 970 sq ft
Active · Condominium
$236,500
4501 NE 21 Avenue 406, Fort Lauderdale, FL 33308
- Beds
- 2
- Baths
- 2
- Living area
- 970 sq ft
- $ / sq ft
- $244/sq ft
- Year built
- 1971
- Lot size
- —
- HOA fee
- $707
- Annual tax
- —
About this property
Attention investors and savvy buyers: this is the profitable East Fort Lauderdale deal you have been waiting for. It's very close to restaurants, the beach, and shopping. Great reserves; all assessments have been paid. Unbelievably rare, investor-friendly rules allow immediate leasing, 4 times a year with a 90-day minimum—perfect for maximizing short-term rental income. ACT FAST. The unit is tenant-occupied for $1,900, and the lease expires 07/31/2027.
Property location
Get Directions4501 NE 21 Avenue 406, Fort Lauderdale, FL 33308
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Facts & features
Exterior & Structure
- Property type
- Condominium
- Year built
- 1971
- Lot size
- 0 sq ft
Parking
Not provided in the MLS listing.
HOA, Community & Financials
- Association fee
- $707
- County
- Broward
- MLS listing ID
- B26034524
- 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
-$184
- Cap rate
- 4.8%
- Net yield
- 4.8%
- Cash-on-cash return
- -3.3%
- Gross yield
- 12.2%
- Mortgage payment
- $1,121/mo
- Down payment
- $59,125
- Loan amount
- $177,375
- Annual NOI
- $11,243
Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.