505 N Fort Lauderdale Beach Boulevard 2509, Fort Lauderdale, FL 33304 — MLS photo

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505 N Fort Lauderdale Beach Boulevard 2509, Fort Lauderdale, FL 33304

Active · Condominium

$279,000

505 N Fort Lauderdale Beach Boulevard 2509, Fort Lauderdale, FL 33304

Beds
1
Baths
1
Living area
584 sq ft
$ / sq ft
$478/sq ft
Year built
2006
Lot size
—
HOA fee
$670 Monthly
Annual tax
$5,510

About this property

LOCATION! LOCATION! LOCATION! Spectacular Ocean front water views from this penthouse level Luxury suite! Only steps to the Pristine sands of Fort Lauderdale Beach! This Condo hotel is Managed by Hilton and this unit can be put into the rental program for easy ownership! Hotel has had a recent renovation and is absolutely stunning. Rare opportunity to own a unit on a top floor with direct ocean views!

Property location

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505 N Fort Lauderdale Beach Boulevard 2509, Fort Lauderdale, FL 33304

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Facts & features

Interior

Bedrooms
1
Bathrooms
1
Living area
584 sq ft
Appliances
Electric Range, Microwave
Cooling
Central Air
Heating
Central
Interior features
Built In Features, Sitting Area In Primary
Furnished
Furnished

Exterior & Structure

Property type
Condominium
Year built
2006
Stories
25
Lot size
0 sq ft
Roof
Concrete
Construction
Block
Exterior features
Lighting
Pool
None, Association, Community
Spa
Community
View
Ocean

Parking

Covered spaces
0
Parking features
Underground, Garage, Valet

HOA, Community & Financials

Association fee
$670 Monthly
Fee inclusions
Cable Tv, Hot Water, Pools, Roof, Security, Trash, Water
Amenities
Business Center, Fitness Center, Maintenance, Pool, Spa Hot Tub
Security
Door Man, Lobby Secured, Fire Sprinkler System
Pets allowed
No
Annual tax
$5,510
Subdivision
Q CLUB RESORT & RESIDENCES
County
Broward
Days on market
118
MLS listing ID
B26034863
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

-$978

Cap rate
1.5%
Net yield
1.5%
Cash-on-cash return
-15.0%
Gross yield
7.8%
Mortgage payment
$1,323/mo
Down payment
$69,750
Loan amount
$209,250
Annual NOI
$4,131

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