In a market where condominiums are struggling, this is a very unique opportunity with a great potential advantage as an investment. In addition to being one of the largest units of 1280 feet, this property also has space for the dock. The building itself has undergone massive renovations for electricity, plumbing and finishing of its pool, landscaping and other amenities, including the renovation of the seawall. The building itself is one of the few without structural problems and structural and electrical inspections have been completed. The seller will cover $4, 000 of special assessments with a full ask offer.Units in this condo are estimated to increase in value once the work and reserves are completed, as high as mid-300, 000 in the next two years. Easy to show
Property Features
Bedrooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Appliances
- Microwave
- Laundry Features: CommonArea
Heating and Cooling
- Cooling Features: CentralAir
- Heating Features: Central
- Heating: Yes
Interior Features
- Flooring: Hardwood, Tile, Vinyl, Wood
Waterfront and Water Access
- Water Features: Dock Available
- CanalFront
Pool and Spa
- Pool Features: Association
Garage and Parking
- Parking Features: Assigned, Guest, OneSpace
Homeowners Association
- Association: Yes
- Association Amenities: BoatDock, Clubhouse, Laundry, Barbecue, PicnicArea, Pool
- Association Fee: 1950
- Association Fee Frequency: Quarterly
- Association Fee Includes: Insurance, MaintenanceGrounds, MaintenanceStructure, Pools, RecreationFacilities
- Calculated Total Monthly Association Fees: 650
- Pets Allowed: SizeLimit, Yes
- Pet Description: Maximum 20 Lbs
Other Property Info
- Annual Tax Amount: 3403
- Source Listing Status: Active
- County: Broward
- Directions: Please use Google maps or Apple Maps. Building is the one closest to the pool.
- Tax Year: 2024
- Restrictions: NoLease1stYearOwned, NoCorporateBuyer
- Source Property Type: Residential
- Area: 3350
- Property Subtype: condo
- MLS Area Minor: Ft Ldale NE (3240-3270;3350-3380;3440-3450;3700)
- Source Neighborhood: RIVIERA PARK CONDO
- Parcel Number: 494211AA0060
- Postal City: Fort Lauderdale
- Postal Code Plus 4: 5042
- Public Survey Range: 49
- Public Survey Section: 11
- Subdivision: RIVIERA PARK CONDO
- Property Subtype: Condominium
- Source System Name: C2C
Building and Construction
- Total Square Feet Living: 1280
- Year Built: 1974
- Building Area Total: 1280
- Construction Materials: Brick, Block
- Entry Level: 2
- Entry Location: 2
- Property Age: 51
- Property Attached: Yes
- Building Total Stories: 5
- Year Built Details: Effective Year Built
Home Features
- Security Features: KeyCardEntry, PhoneEntry