Bought with Douglas Elliman
$220,000
$220,000
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1 Bed
1 Bath
310 SqFt
SOLD DATE : 02/04/2022
Key Details
Sold Price $220,000
Property Type Condo
Sub Type Condo/Coop
Listing Status Sold
Purchase Type For Sale
Square Footage 310 sqft
Price per Sqft $709
Subdivision Ocean Manor Condo
MLS Listing ID RX-10767703
Sold Date 02/04/22
Style 4+ Floors
Bedrooms 1
Full Baths 1
Construction Status Resale
HOA Fees $389/mo
HOA Y/N Yes
Min Days of Lease 1
Leases Per Year 365
Year Built 1960
Annual Tax Amount $3,083
Tax Year 2021
Property Description
Investors welcome! Don't miss the opportunity to own a turn-key, fully furnished, income-producing studio condo with an amazing view and private beach access in a high-demand, expanding Fort Lauderdale area. Ready to rent out *immediately* without major restrictions (privately or through the hotel), this property typically earns an approximate gross revenue of $32,000 at around 65% occupancy (higher income may be possible with increased occupancy). Low HOA and property taxes also allow for a dream Florida lifestyle by the ocean and near shopping plazas and entertainment centers, in case you'd like to occupy the unit yourself! Won't last, contact the Listing Agent now!
Location
State FL
County Broward
Area 3150
Zoning R
Rooms
Other Rooms Studio Bedroom
Master Bath Combo Tub/Shower
Interior
Interior Features Elevator
Heating No Heat
Cooling Ceiling Fan, Central
Flooring Ceramic Tile, Concrete, Other
Furnishings Furnished,Turnkey
Exterior
Parking Features Assigned, Vehicle Restrictions
Community Features Sold As-Is
Utilities Available Cable
Amenities Available Elevator, Pool
Waterfront Description Ocean Access,Oceanfront
View Ocean
Present Use Sold As-Is
Exposure East
Private Pool No
Building
Story 11.00
Unit Features Interior Hallway
Foundation Block, CBS, Concrete
Unit Floor 4
Construction Status Resale
Others
Pets Allowed Yes
HOA Fee Include Cable,Common Areas,Electric,Elevator,Hot Water,Insurance-Other,Laundry Facilities,Parking,Pool Service
Senior Community No Hopa
Restrictions Buyer Approval,Lease OK,Lease OK w/Restrict
Security Features Doorman,Lobby
Acceptable Financing Cash, Conventional
Horse Property No
Membership Fee Required No
Listing Terms Cash, Conventional
Financing Cash,Conventional
Pets Allowed Size Limit
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