Interior
- Bedrooms
- 2
- Bathrooms
- 2
- Living area
- 1,473 sq ft
720 Bayshore Dr 301, Fort Lauderdale, FL 33304
Condominium · Active
$389,500
Miami Foreclosures & Bank-Owned Properties
720 Bayshore Dr 301, Fort Lauderdale, FL 33304
- Bedrooms
- 2
- Bathrooms
- 2
- Interior
- 1,473 sq ft
- Price / sq ft
- $264/sq ft
- Built
- 1971
- Lot
- —
The residence
JUST 3 BLOCKS FROM THE OCEAN! Spacious, tastefully remodeled 2BR/2BA third-floor condo offered at $399,500. Generous floor plan, move-in ready and ideal as a primary residence, vacation home or investment. Major building improvements include completed concrete restoration, 50-year certification, hurricane-impact windows throughout, new elevator motors and a roof warranty. Building insurance premiums have recently decreased. Includes 2 assigned tandem parking spaces, plus guest parking near the building. Walk to the beach, restaurants, shopping, and everyday conveniences. Similar-sized units have sold well into the $400s—an outstanding opportunity to own near the beach at an attractive price!
Property location
Get Directions720 Bayshore Dr 301, Fort Lauderdale, FL 33304
Loading property location…
Facts & features
Exterior & Structure
- Property type
- Condominium
- Year built
- 1971
Parking
Not provided in the MLS listing.
HOA, Community & Financials
- Association fee
- $875
- County
- Broward
- MLS listing ID
- A12019408
- Listing status
- Active
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
-$215
- Cap rate
- 5.0%
- Net yield
- 5.0%
- Cash-on-cash return
- -2.4%
- Gross yield
- 11.5%
- Mortgage payment
- $1,846/mo
- Down payment
- $97,375
- Loan amount
- $292,125
- Annual NOI
- $19,580
Estimates only — includes 5 % maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.