5200 NW 31st Ave # 175, Fort Lauderdale FL 33309

Residential Active

$199,900

Overview

MLS ID: A11954791

1
Bedroom

1
Bathroom

702 Square Feet
Area Size

Description

Investor-only opportunity offering immediate cash flow. 8% Annual Return on Investment. Seller owns a property management company and is offering a 1 year warranty on general interior repairs and 1 year of free property management after purchase. Totally renovated 1 bedroom 1 bath condo with a new tenant moving in on 3/1/26, allowing an investor to start earning rental income right after closing. Rented for $1,900/month. Community has New Roofs and NO Special Assessments. Features include granite countertops, stainless appliances, tile and vinyl wood floors. Beautiful water views! Washer and dryer inside the unit, and located within a gated community. New roofs just installed and and no special assessments. This community is investor friendly!

Details

Updated on February 13, 2026 at 11:07 am

MLS ID A11954791
Price $199,900
Property Size 702 Square Feet
Bedroom 1
Bathroom 1
Garage 0
Year Built 2006
Property Type Condominium
Property Status Residential

Additional details

MLS Status Active
Building Name VILLAS AT LAKEVIEW CONDO
Full Bathrooms 1
Half Bathrooms 0
Building Area Units Square Feet
Pets Allowed 1
Pets Allowed Restrictions Or Possible Restrictions
Cooling Central Air
Heating Central
Flooring Tile
Bedroom Features Entry Level
Furnished Unfurnished
Water front Features Lake
Security Features Complex Fenced
Patio And Porch Features Open Balcony
Covered Spaces 0
Carport Spaces 0
Parking Features 2 Or More Spaces, Guest
Construction Materials Concrete Block Construction
Lot Size Square Feet 0
View Water View
Direction Faces South
Association Amenities Pool
Maintenance Includes All Amenities, Building Exterior, Insurance, Landscaping/Lawn Maintenance, Manager, Outside Maintenance, Pool Service, Reserve Fund, Roof Repairs, Security, Sewer, Trash Removal, Water
Style Condo 1-4 Stories
Elementary School Oriole
Middle School Lauderdale Lks
High School Boyd H Anderson
Association Fee 287
Association Fee Frequency Monthly
Type of Association Condo
Tax Annual Amount 3579
Tax Year 2025
Possession Rental Agreement
Days On Market 6