1850 S Ocean Drive Unit 220, Fort Lauderdale, FL 33316

$220,000
1
BD
1
BA
640
SqFt

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Sold Price
$220,000
List Price
$250,000
Days on Market
59
Closing Date
Mar 13, 2024
MLS#
R10942641
Bedrooms
1
Full Bathrooms
1
Sq. Ft
640
Subtype
Condominium
County
Broward
Subdivision
Lake Mayan Apts Co-Op
Year Built
1963

Property Description

Introducing a prime vacation home and investment opportunity adjacent to the soon-to-be-completed Peir 66 hotel/marina and residence. Harbor Beach properties are valued between $1 and $14 million and set to rise further with the new development. This is the lowest price in the neighborhood; giving new and old investors an opportunity into a serene co-op lifestyle with low maintenance for you to come and go easily. This is a family and friend community which gives you a familiar home feeling within a bustling city. The Co-op overlooks a beautiful lake with access to the intracoastal and ocean. Boat slips are $2000 yearly after brand new sea wall and assessments already paid by seller. This Co-op is the only 4-story condo in the area with HOA fees less than $800 per month. HOA covers water, insurance, and maintenance of grounds including the heated pool and grill. Just steps away from the Lago Mar Members-only beach club and hotel. Once a member you have access to the amenities of Lago Mar such as fine dining, live music, and a beach bar. Member or not you still have access to a private beach far away from spring breakers where you can fish, surf, and watch cruise ship departures. It's also an easy 5-minute bike ride to Las Olas Blvd and Birch State Park from this hidden location. Don't miss this unique chance for a serene retreat or lucrative investment.

Additional Information

Hoa
Yes
Hoa Amount
633
Pets Allowed
Pet Restrictions, Yes
Construction
Concrete
Cooling
Wall/Window Unit(s)
Flooring
Carpet
Furnished
Furnished
Heating
Wall Furnace
Restrict
NoLease1stYearOwned
Security
Fire Alarm
Taxes
$3,616
Utilities
Water Available
View
Pool
Amenities
Elevator(s), Picnic Area, Pool, Property Manager On-Site, Storage
Waterfront
Lake Front, Ocean Access, Seawall
Stories
4
Price Per Sqft
$343

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Calculator source: Real Geeks

Listing courtesy of Coldwell Banker Schmitt RE Co. Contact:

Selling Office: Compass Florida, LLC.

All listings featuring the BMLS logo are provided by Beaches MLS Inc. Copyright 2026 Beaches MLS. This information is not verified for authenticity or accuracy and is not guaranteed. © 2026 Beaches Multiple Listing Service, Inc. All rights reserved.


Agent: Mackenzie J Warren | Email: