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For sale 20 days ago

$249,900

1 bd 1 ba 685 sqft

2426 SE 17th St, Fort Lauderdale, FL 33316

Residential Condo

Current Rent **

$2,000

Projected Rent **

$2,100

Estimated Cap Rate *

Pro Only

Estimated Cash on Cash ROI *

Pro Only

1/1 Condo For Sale: 2426 SE 17th St #204A, Fort Lauderdale

Newly renovated 1 bedroom, 1 bathroom apartment with top-of-the-line finishes, near the ocean in the exclusive Harbor Beach neighborhood, Fort Lauderdale! Be the first to experience the freshness of this turn key place where no expenses were spared. Everything's brand new!

This property offers an ideal opportunity for 1) someone either seeking a comfortable primary or vacation home near the beach, shops and restaurants but within a quiet enclave or for 2) an investor seeking good returns, as 30 day minimum rentals are allowed by the association. Enjoy the pool, gym, and clubhouse within the community. Pets welcome, with a limit of 2 pets weighing under 30 pounds each. Your new home includes an assigned parking space, with additional guest parking available. Unbeatable location.

Location:

2426 SE 17th St, Fort Lauderdale, FL 33316

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* The cap rate and cash on cash return calculations found on BiggerPockets Listings are estimated and designed to be used for informational and educational purposes only, and when used alone, do not constitute investment advice. They assume 3 months worth of expenses and estimate taxes and insurance. BiggerPockets recommends that you seek the advice of a real estate professional before making any type of investment. The results presented may not reflect the actual return of your own investments. BiggerPockets is not responsible for the consequences of any decisions or actions taken in reliance upon or as a result of the information provided by these tools. Furthermore, BiggerPockets is not responsible for any human or mechanical errors or omissions.

** Current rent and projected rent are provided by the lister.

† Rental comps are pulled by looking at property characteristics (beds, baths, structure type), date the rent listing was captured, and proximity to the searched location.

‡ Confidence levels range from low to very high. Confidence is determined by the number of recent and relevant comparable properties for any given search. A very high confidence level indicates a high number of recent and similar rental listings.