Active · SingleFamilyResidence
$1,250,000
1524 NE 18th Ave, Fort Lauderdale, FL 33304
- Beds
- 4
- Baths
- 4
- Living area
- 2,685 sq ft
- $ / sq ft
- $466/sq ft
- Year built
- 1974
- Lot size
- 9,618 sq ft
- HOA fee
- —
- Annual tax
- $18,820
About this property
APPROVED BY BANK. Short sale needs some repairs; great rehab potential. This beautiful waterfront property (no ocean access) features a four-bedroom, three-and-a-half-bath home, an upstairs en suite with a separate entrance, vaulted ceilings, a cozy fireplace, a large living room, and a spacious kitchen perfect for entertaining. Three of the bedrooms have en-suite bathrooms. The backyard features a heated pool overlooking the gorgeous lake! Bring your kayak, paddleboard, and water toys to your future backyard, where every day will feel like you're living in a vacation home. The home was previously on AIRBNB with a 5-star rating (excellent for investors). Close to restaurants and grocery stores. Live the Florida lake house dream just 2 miles from the beach!
Interior & exterior features
Appliances
- Other
Cooling
- Central Air
Heating
- Central
Views
- Canal
Waterfront
- Canal Front
Parking
- Circular Driveway
- Covered
Interior features
- Second Floor Entry
- First Floor Entry
- Other
Exterior features
- Other
Pool
- In Ground
- Pool
Flooring
- Laminate
- Other
roof
- Other
construction
- CBSConcrete Block Structure
- Block
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
-$779
- Cap rate
- 4.9%
- Net yield
- 4.9%
- Cash-on-cash return
- -2.7%
- Gross yield
- 7.9%
- Mortgage payment
- $5,926/mo
- Down payment
- $312,500
- Loan amount
- $937,500
- Annual NOI
- $61,757
Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.