533 NE 3rd Avenue 148, Fort Lauderdale, FL 33301

Condominium · Active

$299,995

533 NE 3rd Avenue 148, Fort Lauderdale, FL 33301 — MLS photo

Miami Real Estate Listings & Homes for Sale

533 NE 3rd Avenue 148, Fort Lauderdale, FL 33301

Bedrooms
1
Bathrooms
1
Interior
667 sq ft
Price / sq ft
$450/sq ft
Built
2005
Lot
—

The residence

Investor's Dream in the Heart of Fort Lauderdale. No rental restrictions. No association approval required. Close fast, cash flow faster. Tenant in place through May 2027, so the income starts on day one. This turnkey 1BD/1BA sits on the first floor of Sole with direct pool views. A/C and water heater updated in 2022. Renovated kitchen, bath, and floors throughout. In-unit front-load washer and dryer included. Low monthly HOA covers cable, internet, water, trash and building insurance. Amenities include resort-style pool, jacuzzi, BBQ area, gym and business center. Proximity to the beach, dining, shopping and groceries. All ages welcome.

Property location

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533 NE 3rd Avenue 148, Fort Lauderdale, FL 33301

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Facts & features

Interior

Bedrooms
1
Bathrooms
1
Living area
667 sq ft
Flooring
Tile, Vinyl
Appliances
Dryer, Dishwasher, Electric Range, Disposal, Microwave, Refrigerator, Washer
Cooling
Central Air
Heating
Central
Interior features
Bedroom On Main Level, Main Level Primary, Walk In Closets
Furnished
Unfurnished

Exterior & Structure

Property type
Condominium
Year built
2005
Stories
5
Lot size
0 sq ft
Architectural style
Other
Roof
Other
Construction
CBSConcrete Block Structure, Block
Exterior features
Barbecue
Pool
None
Spa
Community
View
Pool

Parking

Garage spaces
1
Covered spaces
1
Parking features
Assigned, Detached, Garage, Guest, One Space

HOA, Community & Financials

Association fee
$484 Monthly
Fee inclusions
Common Area Maintenance, Cable Tv, Insurance, Internet, Pools, Recreation Facilities, Reserve Fund, Roof, Sewer, Security, Trash, Water
Association
Castle Group
Association contact
(954) 713-7396
Amenities
Billiard Room, Bike Storage, Business Center, Clubhouse, Fitness Center, Barbecue, Other, Picnic Area, Spa Hot Tub, Elevators
Security
Intercom, Lobby Secured, Phone Entry, Security System, Smoke Detectors
Pets allowed
No
Annual tax
$4,592
Subdivision
SOLE AT FORT LAUDERDALE CO
County
Broward
Days on market
93
MLS listing ID
B26053643
Listing status
Active

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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

-$640

Cap rate
3.1%
Net yield
3.1%
Cash-on-cash return
-9.1%
Gross yield
8.1%
Mortgage payment
$1,422/mo
Down payment
$74,999
Loan amount
$224,996
Annual NOI
$9,381

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

Get More Info About This Property

533 NE 3rd Avenue 148, Fort Lauderdale, FL 33301