2000 Metropica Way UNIT 2407Fort LauderdaleFL33323
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Fort Lauderdale at 2000 Metropica Way UNIT 2407, Fort Lauderdale, FL, 33323 listed at $599,000 pairs $3,599/mo rent with a $2,932/mo payment. Total monthly income runs $3,599/mo. Return on cash invested measures 9.29% in year one, and rental yield registers 7.21% at a $599,000 basis. Equity gained on principal adds $3,865/yr, and annual property appreciation at 5% supports $165,493 by year five. Five-year ROI tracks 49.51% and total cumulative return in cash totals $97,570. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,599/mo property income relative to a $2,932/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2020
N/A lot
$N/A/sqft
$961 monthly HOA
More details about the property
Neighborhood Data
Neighborhood data shown for ZIP Code: 33323, Fort Lauderdale, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,605 (100%) |
| Owner Occupied HU | 6,072 (63.2%) |
| Renter Occupied HU | 2,716 (28.3%) |
| Vacant Housing Units | 817 ( 8.5%) |
| Median Home Value | $535,546 |
| Average Home Value | $594,867 |
Housing Distribution
Address Breakdown
Residential
8,733
Single Family
6,145
Multi-Family
2,588
Businesses
788
Price History
Date | Event | Price |
|---|---|---|
| 2024-12-20 | Listed for sale | $599,000 |
| 2023-09-07 | Sold | $593,250 |
| 2023-08-30 | Listed for sale | $593,250 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-14 | $10517.51 | 9.81% | $498,380 | 14.67% |
| 2023-02-14 | $9577.57 | 9.20% | $434,630 | 10.00% |
| 2022-02-14 | $8770.90 | 11.08% | $395,120 | 10.00% |
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Facts & Features
General Information
- Type: Condo
- Year Built: 2020
- Architectural Style: N/A
- Building Area: N/A
- Living Area: 920 sqft
- Property Condition: New Construction,Substantially Remodeled
Features & Amenities
- Heating: Electric
- Cooling: Electric
- Flooring: Ceramic Tile
- Interior Features: Closet Cabinetry, Walk-In Closet(s), Lobby
- Exterior Features: Open Balcony
- Parking Features: 1 Space, Valet
Location
- City: Fort Lauderdale
- State: FL
- Subdivision: Metropica
- Lot Size: N/A
- Lot Features: N/A
- View: Other View, Preserve
HOA & Fees
- HOA Fee: $961 monthly
- Association Fee: $961 monthly
- Fees & Dues: N/A
- Association Amenities: N/A
- Association Fee Includes: N/A
Utilities
- Utilities: Cable Available
- Sewer: N/A
- Water Source: N/A
- Road Surface Type: N/A
School Information
- Elementary School: N/A
- Middle School: N/A
- High School: N/A
Listed by: Darius Lelutiu • Best Realty and Prop. Mgmnt
Mls Name: BeachesMLS
Mls Provider:
Mls ID: #F10477099
Disclaimer: All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2025 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.