Active · Condominium
$245,000
2500 NE 48TH Lane 301, Fort Lauderdale, FL 33308
- Beds
- 2
- Baths
- 2
- Living area
- 1,292 sq ft
- $ / sq ft
- $190/sq ft
- Year built
- 1967
- Lot size
- —
- HOA fee
- $3,066 Quarterly
- Annual tax
- $6,366
About this property
Excellent price and a strong investment opportunity. Spacious 2-bedroom, 2-bath end unit with abundant windows and a beautiful golf course view. The unit is a blank canvas. Existing finishes have been removed so a buyer can complete a custom renovation. Excellent location, approximately one mile from the beach, dining, shopping, and nightlife. Cash offers only, with proof of funds. Easy to show. The property is vacant and has a lockbox. Sold as-is. Seller/broker has no prior history or disclosures. Buyer is solely responsible for verifying all conditions, including HOA fees, assessments, and related items. Seller will convey clear title.
Interior & exterior features
Appliances
- None
Cooling
- Central Air
Heating
- Central
Views
- Golf Course
- Water
Parking
- Assigned
- Detached
- Garage
- One Space
Interior features
- Bedroom On Main Level
- Living Dining Room
- Main Level Primary
- Main Living Area Entry Level
- Elevator
Exterior features
- Other
Pool
- None
- Heated
roof
- Flat
- Tile
construction
- Block
security
- Closed Circuit Cameras
- Elevator Secured
- Intercom
- Phone Entry
- Fire Sprinkler System
- Smoke Detectors
association_amenities
- Bike Storage
- Clubhouse
- Community Kitchen
- Laundry
- Library
- Pool
- Storage
- Trash
- Vehicle Wash Area
- Elevators
association_fee_includes
- Common Area Maintenance
- Cable Tv
- Insurance
- Laundry
- Parking
- Pest Control
- Pools
- Reserve Fund
- Security
- Trash
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
-$158
- Cap rate
- 4.9%
- Net yield
- 4.9%
- Cash-on-cash return
- -2.8%
- Gross yield
- 14.7%
- Mortgage payment
- $1,161/mo
- Down payment
- $61,250
- Loan amount
- $183,750
- Annual NOI
- $12,044
Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.