511 BAYSHORE Drive 410, Fort Lauderdale, FL 33304

Condominium · Active

$670,000

511 BAYSHORE Drive 410, Fort Lauderdale, FL 33304 — MLS photo

Miami Real Estate Listings & Homes for Sale

511 BAYSHORE Drive 410, Fort Lauderdale, FL 33304

Bedrooms
2
Bathrooms
2
Interior
1,330 sq ft
Price / sq ft
$504/sq ft
Built
1971
Lot
—

The residence

Experience refined waterfront living in this direct Intracoastal 2 bedroom, 2 bath residence, just steps from the beach. Sweeping water and skyline views create a captivating backdrop, while your private terrace offers a front-row seat to yachts gliding by. The spacious, light filled interior features wood floors, floor-to-ceiling sliding doors, and an open kitchen with a breakfast bar. The luxurious primary suite boasts stunning water views, a large walk-in closet, dual sinks, and a spacious shower. An in unit washer and dryer adds everyday convenience. Bayshore Towers offers resort-style living with a heated saline pool, fitness center, clubhouse, saunas, BBQ area, and covered parking. Perfect as a full-time residence, vacation getaway, or investment. From A1A take Bayshore and go north to 511. Drive up the ramp near security and park in the open guest area

Property location

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511 BAYSHORE Drive 410, Fort Lauderdale, FL 33304

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Facts & features

Interior

Bedrooms
2
Bathrooms
2
Living area
1,330 sq ft
Flooring
Hardwood, Wood
Appliances
Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator, Washer
Cooling
Central Air, Ceiling Fans, Electric
Heating
Central, Electric
Interior features
Bedroom On Main Level, Closet Cabinetry, Entrance Foyer, Other, Split Bedrooms, Walk In Closets

Exterior & Structure

Property type
Condominium
Year built
1971
Stories
12
Lot size
0 sq ft
Roof
Concrete
Construction
CBSConcrete Block Structure, Block
Exterior features
Balcony
Pool
None, Association, Community
Waterfront
Intracoastal Access, Ocean Access, Other, Seawall
View
Intercoastal, Pool, Water

Parking

Garage spaces
1
Covered spaces
1
Parking features
Assigned, Attached, Garage, Guest, Open, One Space

HOA, Community & Financials

Association fee
$1,691 Monthly
Fee inclusions
Common Area Maintenance, Insurance, Legal Accounting, Parking, Pools, Sewer, Trash, Water
Amenities
Billiard Room, Clubhouse, Community Kitchen, Elevators, Fitness Center, Library, Maintenance, Barbecue, Picnic Area, Pool, Trash
Security
Closed Circuit Cameras, Secured Garage Parking, Intercom, Phone Entry, Security Guard, Smoke Detectors
Pets allowed
No
Annual tax
$11,982
Subdivision
BAYSHORE TOWERS
County
Broward
Days on market
0
MLS listing ID
B26090898
Listing status
Active

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Estimated monthly cash flow

-$2,443

Cap rate
1.3%
Net yield
1.3%
Cash-on-cash return
-15.6%
Gross yield
7.6%
Mortgage payment
$3,176/mo
Down payment
$167,500
Loan amount
$502,500
Annual NOI
$8,796

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

511 BAYSHORE Drive 410, Fort Lauderdale, FL 33304