$289,000
Oakland Park, FL 33334
MLS# FX-10425725
2 beds | 2 baths | 1133 sqft
1 / 41
Property Description
CASH BUYER'S ONLY - Unique opportunity for flippers, investors or someone looking for a second home in Fort Lauderdale. Currently the building is undergoing the 50 yrs certification. Seller paid All special assessments in full, including an additional amount for contingencies. The unit is currently rented until 04/30/25 for $1,800.00 a month, which will easily cover the first year of the two-year waiting period for rent. The last remodeled unit sold was $400,000 giving ample ARV value for remodeling. Once the building's upgrades are done prices will increase substantially. BOATERS - if you own a small boat, you can use the community dock. Please check the fixed bridges for clearance, as only small boats may go through. You can also do paddling or kayaking from the community's dock.
Details
Maps
Contract Information
Listing Date: 2024-02-25
Status: Active
Original List Price: 298000
List Price: $289,000
Current Price: $289,000
List Price/SqFt: 255.08
Comm/Non-Rep: 1%
Comm/Buyer Agent: 3%
Comm/Trans Brk: 3%
General Property Description
Type: Condo/Coop
Governing Bodies: Condo
W/D Allowed: No
Total Bedrooms: 2
Baths - Full: 2
Baths - Total: 2
Property Condition: Resale
Year Built: 1972
SqFt - Living: 1133
Open Parking Spaces: 1
Homeowners Assoc: Mandatory
HOA/POA/COA (Monthly): 763.33
Application Fee: 150
Membership Fee Required: No
Capital Contribution: No
Directions: Please use your GPS. Entrance is the left gate of the complex, gate #1, north side. Gate could be open, otherwise wait until a car leaves or enters the community. Drive to the end and turn right. Go to next building, parking spot is #28, near entrance.
Subdivision: RIVER TERRACE CONDO
Legal Desc: RIVER TERRACE CONDO UNIT 204 PER CDO BK/PG: 5178/769
Waterfront: Yes
Bldg #: 3050
Unit Floor #: 2
Pets Allowed: No
Total Floors/Stories: 7
Total Units in Bldg: 49
Location, Tax & Legal
Area: 3370
Geo Area: FTNE
Country: United States
County: Broward
Parcel ID: 494226AC0110
Street #: 3050
Street Dir: NE
Street Name: 16th
Street Suffix: Avenue
Unit #: 204
State/Province: FL
Zip Code: 33334
Tax Year: 2023
Taxes: 4976
Short Sale: No
REO: No
HOPA: No Hopa
Geo Lat: 26.166054
Geo Lon: -80.125098
Office/Member Info
DXORIGMLNO: F10425725
DXORIGMLSID: FLL
Co-Ownership
Property Management: No
Lease Info
Min Days to Lease: 90
Lease Times p/Year: 1
Property Features
Unit Desc: Exterior Catwalk
Construction: Block; Concrete
View: River
Waterfront Details: River
Exterior Features: Fence; Screened Balcony
Interior Features: Elevator; Entry Lvl Lvng Area
ADA Compliant: Accessible Elevator Installed
Furnished: Furniture Negotiable
Parking: Assigned
Subdiv. Amenities: Boating; Clubhouse; Common Laundry
Maintenance Fee Incl: Common Areas; Elevator; Insurance-Other; Laundry Facilities; Pool Service; Sewer; Trash Removal; Water
Restrict: No Lease First 2 Years; No Truck/RV; Other
Flooring: Carpet; Tile; Other
Heating: Central; Electric
Cooling: Central; Electric
Equip/Appl Included: Dishwasher; Disposal; Microwave; Refrigerator; Smoke Detector
Boat Services: Private Dock
Terms Considered: Cash; Owner Financing
Possession: Funding
Listing Office: LoKation
Last Updated: May - 31 - 2024
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2024 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.