2641 N Flamingo Rd APT 2703N, Fort Lauderdale, FL, 33323 | $939/mo Cash Flow

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2641 N Flamingo Rd APT 2703N, Fort Lauderdale, FL, 33323 | $939/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Fort Lauderdale at 2641 N Flamingo Rd APT 2703N, Fort Lauderdale, FL, 33323 listed at $370,000 pairs $3,394/mo rent with a $1,811/mo payment to leave $939/mo cash flow. Total monthly income runs $3,394/mo, and annual cash flow reaches $11,263/yr on $122,655 cash to close. Return on cash invested measures 29.09% in year one, and rental yield registers 11.01% at a $370,000 basis. Equity gained on principal adds $2,388/yr, and annual property appreciation at 5% supports $102,224 by year five. Five-year ROI tracks 152.69% and total cumulative return in cash totals $187,277. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,394/mo property income relative to a $1,811/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Condo

Built in 2009

N/A lot

$N/A/sqft

No HOA

More details about the property

SPECTACULAR PENTHOUSE at TAO SAWGRASS! This elegant 2 bed / 2 bath residence soars with soaring higher ceilings, creating a bright and spacious atmosphere. Features include tile floors in living areas and rich wood floors in bedrooms, modern window treatments, and a private balcony with breathtaking panoramic views of the lake, pool, and Everglades sunsets. The kitchen boasts granite countertops, stainless steel appliances, and ample storage. The master suite offers a spa-style bath with Roman tub and dual sinks plus large walk-in closets with built-ins. This rare penthouse includes 2 covered parking spaces and an additional storage room. Enjoy resort-style amenities: pool, tennis, gym, clubhouse, 24-hour security. Walking distance to Sawgrass Mills, dining, and easy access to highways.

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