Bought with Balistreri Real Estate Inc
For more information regarding the value of a property, please contact us for a free consultation.
Key Details
Sold Price $630,000
Property Type Condo
Sub Type Condo Hotel
Listing Status Sold
Purchase Type For Sale
Square Footage 750 sqft
Price per Sqft $840
Subdivision Ocean Manor Condo
MLS Listing ID RX-10861056
Sold Date 09/15/23
Style 4+ Floors
Bedrooms 1
Full Baths 1
Construction Status Resale
HOA Fees $841/mo
HOA Y/N Yes
Min Days of Lease 1
Year Built 1960
Annual Tax Amount $5,584
Tax Year 2022
Property Description
Investors seeking a lucrative opportunity should seriously consider this income property, as it generates a cap rate surpassing an impressive 12%. Let me introduce you to this oceanfront condo with spectacular views of the ocean, garden, and pool. Enjoy this property as much or as little as you want. You can rent this condo right away and up-to 356 days a year. This condo includes a heated pool, a locally famous Tikibar and the Casa Calabria Restaurant, Spa/Salon, Lounge, and Coffeeshop. You don't have to leave the building! Maintenance includes: WIFI, Valet Parking, AC Coolant, Cable, and Hot Water. Ocean Manor is conveniently situated near great restaurants and shops between downtown Fort
Location
State FL
County Broward
Community Ocean Manor Condo
Area 3150
Zoning VE
Rooms
Other Rooms None
Master Bath Combo Tub/Shower
Interior
Interior Features Walk-in Closet, Entry Lvl Lvng Area, French Door
Heating Central
Cooling Electric, Central
Flooring Ceramic Tile
Furnishings Furnished,Turnkey
Exterior
Exterior Feature Open Balcony
Garage Assigned
Pool Heated
Community Features Sold As-Is, Corporate Owned
Utilities Available Cable
Amenities Available Elevator, Street Lights, Cabana, Picnic Area, Common Laundry, Lobby
Waterfront Yes
Waterfront Description Oceanfront,Ocean Access
View Ocean, Garden, Pool
Present Use Sold As-Is,Corporate Owned
Parking Type Assigned
Exposure East
Private Pool No
Building
Lot Description East of US-1
Story 11.00
Unit Features Interior Hallway
Foundation Concrete, Block
Unit Floor 5
Construction Status Resale
Others
Pets Allowed Yes
HOA Fee Include Common Areas,Hot Water,Legal/Accounting,Laundry Facilities,Elevator,Cable,Manager,Parking,Trash Removal,Pest Control,Lawn Care,Maintenance-Exterior
Senior Community No Hopa
Restrictions Maximum # Vehicles,Daily Rentals OK
Security Features Lobby,TV Camera
Acceptable Financing Cash, Conventional
Membership Fee Required No
Listing Terms Cash, Conventional
Financing Cash,Conventional
Pets Description Size Limit
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
GET MORE INFORMATION
Milton Knight, CRS
Principal Real Estate Broker | License ID: 0663675
Principal Real Estate Broker License ID: 0663675