1900 S Ocean Dr Apt 604
Fort Lauderdale, FL 33316 · condos · For Sale · 175 days on market
Asking price$174,000
1 beds 1 baths 805 sqft
Listed by Olivia Suzanne Fontana · Douglas Elliman
Typecondos
Built1962
Price / sqft$216
Est. value (Zillow ZIP avg)$900,000
Rent estimate (own analysis)$2,113/mo
HOA$1,133/mo
Wind10/10Extreme$Heat10/10ExtremeFlood5/10major$Air2/10MinorWildfire1/10Minimal
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Statusfor_sale
Listed date2026-03-11
Removed date—
MLSBeachesMLS #F10419031
Coordinates26.09801, -80.10863
Address1900 S Ocean Dr Apt 604
CityFort Lauderdale
StateFL
Zip33316
Listing ID5677294540
Sourceus-real-estate-listings, cached 2026-08-28
ZIP market snapshot (33316)
Median sale price$900,000
Median days on market (sale)121
Active sale listings368
Median rent$2,500/mo
Median days on market (rent)34
Active rental listings281
Real ZIP-wide statistics from RentCast, as of 2026-09 (fetched 2026-09-03) — this is the whole ZIP's market, not specific to this property. Re-analyzing spends one of the account's 50 free monthly lookups. Our own log shows at least 6 of the 50 free monthly RentCast requests used — that only counts calls made through this app, so it can undercount. RentCast's own account dashboard has the real total.
Re-analyze ZIP 33316 (≥6 of 50 per our log)Underwriting (buy-and-hold, default assumptions)
| Acquisition (one-time, not monthly/yearly) | |
| Purchase price | $174,000 |
| Down payment (20.0%) | $34,800 |
| Loan amount | $139,200 |
| Closing costs (5.0%) | $8,700 |
| Total cash to close | $43,500 |
| Income | |
| Rent (comp-derived) | $2,113$25,350 |
| Vacancy loss (8.0%) | |
| Effective gross income | $1,944$23,322 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $276$3,306 |
| Insurance (est. scaled by flood & wind risk) | $203$2,436 |
| HOA dues | $1,133$13,596 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $106$1,268 |
| Total operating expenses | $1,717$20,606 |
| Net operating income (NOI) | |
| Debt service & reserves | |
| Debt service (6.66%, avg 30yr rate as of 2026-08-27, 30yr amortizing) | |
| CapEx reserve (5.0% of GSR) | $106$1,268 |
| Mortgage insurance (PMI) (0.0% of loan, not required — down payment ≥ 20%) | $0$0 |
| Cash flow |
Cap rate
Cash-on-cash
DSCR
Rent-to-price (1% rule)
Gross rent multiplier
Operating expense ratio
Break-even occupancy
Comparables
Same ZIP. Real active rental listings, used to derive the rent estimate above.
| Address | Type | Beds | Baths | Sqft | Asking rent | Listed | Days on market |
|---|---|---|---|---|---|---|---|
| apartment | 1 | 1 | 740 | $2,125 | 2026-02-10 | — | |
| apartment | 1 | 1 | 597 | $2,300 | 2026-02-06 | — | |
| apartment | 1 | 1 | 600 | $1,600 | 2026-05-06 | — | |
| apartment | 1 | 1 | 850 | $2,350 | 2026-04-17 | — | |
| apartment | 1 | 1 | 853 | $2,302 | 2024-04-12 | — | |
| apartment | 1 | 1 | 745 | $1,995 | 2024-02-06 | — | |
| condos | 1 | 1 | 660 | $1,900 | 2026-06-09 | — | |
| apartment | 1 | 1 | 600 | $1,580 | 2026-03-11 | — | |
| condos | 1 | 1 | 647 | $1,800 | 2026-08-15 | — | |
| apartment | 1 | 1 | 700 | $1,450 | 2026-07-23 | — | |
| apartment | 1 | 1 | 650 | $1,350 | 2026-06-09 | — | |
| condos | 1 | 1 | 900 | $2,500 | 2026-08-13 | — | |
| condos | 1 | 1 | 685 | $1,850 | 2026-08-26 | — | |
| apartment | 1 | 1 | 647 | $1,900 | 2026-04-03 | — | |
| condos | 1 | 1 | 530 | $1,655 | 2026-08-25 | — | |
| condos | 1 | 1 | 580 | $1,650 | 2026-04-15 | — | |
| condos | 1 | 1 | 660 | $1,950 | 2026-08-25 | — | |
| apartment | 1 | 1 | 600 | $2,000 | 2026-06-25 | — | |
| condos | 1 | 1 | 565 | $1,750 | 2026-04-23 | — | |
| apartment | 1 | 1 | 625 | $1,580 | 2026-07-14 | — | |
| condos | 1 | 1 | 900 | $3,250 | 2026-07-24 | — | |
| apartment | 1 | 1 | 750 | $1,700 | 2026-08-17 | — | |
| condos | 1 | 1 | 570 | $1,600 | 2026-08-11 | — | |
| condos | 1 | 2 | 840 | $2,500 | 2026-08-10 | — | |
| apartment | 1 | 1 | 750 | $1,700 | 2026-08-17 | — | |
| apartment | 1 | 1 | 650 | $2,100 | 2026-04-16 | — | |
| condos | 1 | 1 | 670 | $2,000 | 2026-07-22 | — | |
| condos | 1 | 1 | 580 | $1,850 | 2026-04-04 | — | |
| apartment | 1 | 1 | 550 | $1,700 | 2026-07-13 | — | |
| condos | 1 | 1 | 570 | $1,590 | 2025-12-19 | — | |
| condos | 1 | 1 | 685 | $2,000 | 2026-08-03 | — | |
| condos | 1 | 2 | 814 | $1,950 | 2026-05-20 | — | |
| condos | 1 | 1 | 600 | $1,850 | 2026-08-03 | — | |
| apartment | 1 | 1 | 700 | $1,700 | 2026-08-17 | — | |
| apartment | 1 | 1 | 560 | $1,600 | 2026-08-05 | — | |
| condos | 1 | 1 | 622 | $1,800 | 2026-06-17 | — | |
| condos | 1 | 1 | 724 | $2,375 | 2026-04-11 | — | |
| condos | 1 | 1 | 620 | $2,100 | 2026-08-05 | — | |
| apartment | 1 | 1 | 650 | $1,650 | 2026-03-11 | — | |
| condos | 1 | 1 | 704 | $2,200 | 2026-08-04 | — | |
| condos | 1 | 1 | 704 | $2,400 | 2026-08-01 | — | |
| condos | 1 | 1 | 700 | $3,100 | 2025-11-28 | — | |
| condos | 1 | 1 | 700 | $3,500 | 2025-08-06 | — | |
| apartment | 1 | 1 | 716 | $2,050 | 2026-07-31 | — | |
| condos | 1 | 1 | 575 | $2,300 | 2026-03-31 | — | |
| condos | 1 | 1 | 870 | $1,795 | 2026-07-25 | — | |
| condos | 1 | 1 | 678 | $1,850 | — | — | |
| apartment | 1 | 1 | 525 | $1,500 | 2026-07-27 | — | |
| apartment | 1 | 1 | 610 | $1,749 | — | — | |
| apartment | 1 | 1 | 675 | $1,750 | 2026-07-09 | — | |
| apartment | 1 | 1 | 570 | $1,750 | 2024-04-15 | — | |
| apartment | 1 | 1 | 597 | $2,225 | — | — | |
| apartment | 1 | 1 | 764 | $2,473 | — | — | |
| apartment | 1 | 1 | 762 | $2,286 | — | — | |
| apartment | 1 | 1 | 597 | $2,300 | — | — | |
| apartment | 1 | 1 | 1,013 | $3,290 | — | — | |
| apartment | 1 | 1 | 764 | $2,273 | — | — | |
| apartment | 1 | 1 | 890 | $2,472 | — | — | |
| apartment | 1 | 1 | 1,013 | $3,205 | — | — | |
| apartment | 1 | 1 | 764 | $2,683 | — | — | |
| apartment | 1 | 1 | 764 | $2,693 | — | — | |
| apartment | 1 | 1 | 853 | $2,271 | — | — | |
| apartment | 1 | 1 | 856 | $2,437 | — | — | |
| apartment | 1 | 1 | 597 | $2,325 | — | — | |
| apartment | 1 | 1 | 597 | $2,300 | — | — | |
| apartment | 1 | 1 | 764 | $2,368 | — | — | |
| apartment | 1 | 1 | 853 | $2,261 | — | — | |
| apartment | 1 | 1 | 597 | $2,300 | — | — | |
| apartment | 1 | 1 | 853 | $2,480 | — | — | |
| apartment | 1 | 1 | 597 | $2,300 | — | — | |
| apartment | 1 | 1 | 890 | $2,293 | — | — | |
| apartment | 1 | 1 | 853 | $2,415 | — | — | |
| apartment | 1 | 1 | 597 | $2,300 | — | — | |
| apartment | 1 | 1 | 890 | $2,378 | — | — | |
| apartment | 1 | 1 | 764 | $2,703 | — | — | |
| apartment | 1 | 1 | 770 | $2,798 | — | — |
Same ZIP & bedroom count. Closed sales from Realtor.com over the last 12 months, matched to this property's type — real transaction prices, not asking prices. Falls back to Miami-Dade County public records (property appraiser tax roll) when Realtor.com has no sales on file for the area.
No recent recorded sales cached yet for this ZIP.
Same ZIP. Other properties currently for sale nearby — asking prices, not closed sale prices. Not a price comp; see Sold comps for actual transaction history.
| Address | Type | Beds | Baths | Sqft | Asking price | Days on market |
|---|---|---|---|---|---|---|
| 1535 SE 15th St Apt 304 | condos | 1 | 1 | 688 | $229,900 | — |
| 1115 SE 14th Pl Apt 19C | condos | 1 | 1 | 600 | $135,000 | — |
| 1850 S Ocean Dr Apt 213 | condos | 1 | 1 | 640 | $220,000 | — |
| 1405 Miami Rd Apt 29 | condos | 1 | 1 | 633 | $215,000 | — |
| 1510 SE 15th St Apt 302 | condos | 1 | 1 | 670 | $179,999 | — |
| 200 S Birch Rd Apt 612 | condos | 1 | 1 | 647 | $190,000 | — |
| 1900 S Ocean Dr Apt 710 | condos | 1 | 1 | 805 | $270,000 | — |
| 2426 SE 17th St Unit 307A | condos | 1 | 1 | 685 | $169,900 | — |
10-year hold projection
IRR-3.7%
Equity multiple0.37x
Total return (10yr)-$4,472
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $179,220 | $2,717 | -$9,285 | $137,691 | $41,529 |
| 2 | $184,597 | $2,901 | -$9,133 | $136,078 | $48,519 |
| 3 | $190,135 | $3,094 | -$8,972 | $134,354 | $55,780 |
| 4 | $195,839 | $3,295 | -$8,805 | $132,512 | $63,326 |
| 5 | $201,714 | $3,505 | -$8,629 | $130,544 | $71,170 |
| 6 | $207,765 | $3,723 | -$8,445 | $128,440 | $79,325 |
| 7 | $213,998 | $3,952 | -$8,253 | $126,192 | $87,806 |
| 8 | $220,418 | $4,190 | -$8,051 | $123,789 | $96,629 |
| 9 | $227,031 | $4,438 | -$7,841 | $121,221 | $105,809 |
| 10 | $233,841 | $4,696 | -$7,621 | $118,478 | $115,364 |
Assumes 3.0% annual rent growth, 2.5% expense growth, 3.0% appreciation, and a 6.0% selling cost at exit — all placeholder assumptions, not market-derived.