1160 N Federal Hwy 213, Fort Lauderdale, FL 33304 — MLS photo

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1160 N Federal Hwy 213, Fort Lauderdale, FL 33304

Active · Condominium

$399,000

1160 N Federal Hwy 213, Fort Lauderdale, FL 33304

Beds
2
Baths
2
Living area
1,920 sq ft
$ / sq ft
$208/sq ft
Year built
1978
Lot size
—
HOA fee
$1,414
Annual tax
—

About this property

Welcome to East Point Towers, where spacious living meets peace of mind. This beautifully updated 2-bedroom, 2-bath residence offers an impressive 1,920 square feet—the largest floor plan in the building—and showcases tranquil pool and garden views from the 2 large private balconies. Move right in and enjoy completely renovated bathrooms, fresh interior paint, and brand-new carpeting throughout, Brand new hurricane impact windows and sliders! The thoughtfully designed layout provides generous living and dining spaces, large bedrooms, and an effortless flow for everyday living and entertaining. One of the most valuable features of this offering: ALL SPECIAL ASSESSMENTS HAVE BEEN PAID IN FULL, providing significant savings and added confidence for the next owner. Residents of East Point Towers enjoy resort-style amenities including a waterfront pool, boat dock, bbq area, fitness center, 24-hour security, assigned storage locker, and one covered parking space conveniently located on the first floor of the garage. Ideally located in a well-maintained waterfront community, this residence offers an exceptional combination of space, updates, amenities, and long-term value. Rental policy allows leasing after one year of ownership, up to three times per year.

Property location

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1160 N Federal Hwy 213, Fort Lauderdale, FL 33304

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Facts & features

Interior

Bedrooms
2
Bathrooms
2
Living area
1,920 sq ft

Exterior & Structure

Property type
Condominium
Year built
1978

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$1,414
County
Broward
MLS listing ID
A12032302
Listing status
Active

Investment intelligence

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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

-$72

Cap rate
5.5%
Net yield
5.5%
Cash-on-cash return
-0.8%
Gross yield
13.7%
Mortgage payment
$1,891/mo
Down payment
$99,750
Loan amount
$299,250
Annual NOI
$21,830

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