101 S Fort Lauderdale Beach Blvd Apt 705

Fort Lauderdale, FL 33316 · condos · Pending — under contract · 175 days on market
Asking price$1,499,000
3 beds 4 baths 2,950 sqft
View on Realtor.com →
Listed by Gianpierre Giusti · Coldwell Banker Realty
Typecondos
Built2007
Price / sqft$508
Est. value (own analysis)$2,122,584
Rent estimate (own analysis)$11,000/mo
HOA$3,955/mo
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Neighborhood

Show every detail
Statusfor_sale
Listed date2026-03-11
Removed date
MLSBeachesMLS #F10554136
Coordinates26.12134, -80.10495
Address101 S Fort Lauderdale Beach Blvd Apt 705
CityFort Lauderdale
StateFL
Zip33316
Listing ID6283953787
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)

Purchase price$1,499,000
Down payment (20.0%)$299,800
Loan amount$1,199,200
Closing costs (5.0%)$74,950
Total cash to close$374,750
Rent (comp-derived)$11,000$132,000
Vacancy loss (8.0%)

Vacancy Loss

Gross Scheduled Rent × Vacancy Rate

Gross scheduled rent (annual) comp$132,000
Vacancy rate (assumption) assumption8.0%

$132,000 × 8.0% = $10,560

Effective gross income$10,120$121,440
Property tax (placeholder 1.9% of price)$2,373$28,481
Insurance (placeholder 0.8% of price)$999$11,992
HOA dues$3,955$47,460
Management (0.0% of EGI)$0$0
Maintenance (5.0% of GSR)$550$6,600
Total operating expenses$7,878$94,533
Net operating income (NOI)

Net Operating Income (NOI)

Effective Gross Income − Total Operating Expenses

Effective gross income derived$121,440
Total operating expenses derived$94,533

$121,440 − $94,533 = $26,907

Debt service (6.66%, avg 30yr rate as of 2026-08-27, 30yr amortizing)

Monthly Principal & Interest

Standard amortization on the loan amount, at the effective rate and term

Loan amount derived$1,199,200
Interest rate (avg 30yr rate) comp6.7%
Term (assumption) assumption30 years

$1,199,200 amortized at 6.7% over 30 years = $7,706/mo

CapEx reserve (5.0% of GSR)$550$6,600
Mortgage insurance (PMI) (0.0% of loan, not required — down payment ≥ 20%)$0$0
Cash flow

Monthly Cash Flow

(NOI − Annual Debt Service − Annual CapEx Reserve − Annual PMI) ÷ 12

NOI derived$26,907
Annual debt service derived$92,477
Annual CapEx reserve assumption$6,600
Annual PMI assumption$0

($26,907 − $92,477 − $6,600 − $0) ÷ 12 = -$6,014

Cap rate

Cap Rate

NOI ÷ Purchase Price

NOI derived$26,907
Purchase price data$1,499,000

$26,907 ÷ $1,499,000 = 1.8%

Cash-on-cash

Cash-on-Cash Return

Annual Cash Flow ÷ Total Cash Invested

Annual cash flow derived-$72,170
Total cash to close derived$374,750

-$72,170 ÷ $374,750 = -19.3%

DSCR

Debt Service Coverage Ratio (DSCR)

NOI ÷ Annual Debt Service

NOI derived$26,907
Annual debt service derived$92,477

$26,907 ÷ $92,477 = 0.29

Rent-to-price (1% rule)

Rent-to-Price (the "1% rule")

(Gross Scheduled Rent ÷ 12) ÷ Purchase Price

Gross scheduled rent (annual) comp$132,000
Purchase price data$1,499,000

($132,000 ÷ 12) ÷ $1,499,000 = 0.7%

Gross rent multiplier

Gross Rent Multiplier (GRM)

Purchase Price ÷ Gross Scheduled Rent

Purchase price data$1,499,000
Gross scheduled rent (annual) comp$132,000

$1,499,000 ÷ $132,000 = 11.4

Operating expense ratio

Operating Expense Ratio

Total Operating Expenses ÷ Effective Gross Income

Total operating expenses derived$94,533
Effective gross income derived$121,440

$94,533 ÷ $121,440 = 77.8%

Break-even occupancy

Break-Even Occupancy

(Total OpEx + Annual Debt Service + Annual PMI) ÷ Gross Scheduled Rent

Total operating expenses derived$94,533
Annual debt service derived$92,477
Annual PMI assumption$0
Gross scheduled rent (annual) comp$132,000

($94,533 + $92,477 + $0) ÷ $132,000 = 141.7%

Comparables

Same ZIP. Real active rental listings, used to derive the rent estimate above.

AddressTypeBedsBathsSqftAsking rentListedDays on market
condos331,958$7,0002026-08-25
condos342,537$13,5002026-07-11
condos332,380$12,5002026-03-11
condos332,650$8,0002026-06-29
condos342,205$30,0002026-06-08
condos333,368$11,0002026-08-12
apartment332,109$4,9502026-07-09
condos343,210$35,0002026-03-11
condos331,958$7,9002026-08-18

100 S Birch Rd Unit 701B

Fort Lauderdale, 33316 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,958
Listed2026-08-25
Days on market

Asking rent: $7,000

View on Zillow →

1598 S Ocean Ln Apt 218

Fort Lauderdale, 33316 · rent comp

Bedrooms / bathrooms3 bd / 4 ba
Square footage2,537
Listed2026-07-11
Days on market

Asking rent: $13,500

View on Zillow →

101 S Fort Lauderdale Beach Blvd Apt 1104

Fort Lauderdale, 33316 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage2,380
Listed2026-03-11
Days on market

Asking rent: $12,500

View on Zillow →

2000 S Ocean Dr Apt 1810

Fort Lauderdale, 33316 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage2,650
Listed2026-06-29
Days on market

Asking rent: $8,000

View on Zillow →

2321 SE 17th St Unit 401

Fort Lauderdale, 33316 · rent comp

Bedrooms / bathrooms3 bd / 4 ba
Square footage2,205
Listed2026-06-08
Days on market

Asking rent: $30,000

View on Zillow →

3055 Harbor Dr Apt 1603

Fort Lauderdale, 33316 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage3,368
Listed2026-08-12
Days on market

Asking rent: $11,000

View on Zillow →

2100 Miami Rd Apt 303

Fort Lauderdale, 33316 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage2,109
Listed2026-07-09
Days on market

Asking rent: $4,950

View on Zillow →

101 S Fort Lauderdale Beach Blvd Apt 2703

Fort Lauderdale, 33316 · rent comp

Bedrooms / bathrooms3 bd / 4 ba
Square footage3,210
Listed2026-03-11
Days on market

Asking rent: $35,000

View on Zillow →

100 S Birch Rd Unit 806B

Fort Lauderdale, 33316 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,958
Listed2026-08-18
Days on market

Asking rent: $7,900

View on Zillow →

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.

AddressTypeBedsBathsLiving sqftSale priceSale date
545 S Fort Lauderdale Beach Blvd Unit 701-702condos342,150$1,575,0002026-07-27
1532 SE 12th St Apt 302condos343,522$2,300,0002026-07-21
100 S Birch Rd Unit 1504Econdos321,934$1,000,0002026-06-25
2000 S Ocean Ln Apt 202condos321,550$855,0002026-06-18
101 S Fort Lauderdale Beach Blvd Apt 2004condos332,380$2,100,0002026-06-08
17 Port Side Dr Unit 17Acondos332,813$2,100,0002026-06-01
101 S Fort Lauderdale Beach Blvd Apt 2402condos332,380$2,220,0002026-05-07
1532 SE 12th St Ph 1condos342,360$2,125,0002026-05-01
2221 SE 17th St Unit 804condos342,837$5,500,0002026-05-01
2100 S Ocean Ln Unit 1801-2condos343,176$1,200,0002026-04-30
101 S Fort Lauderdale Beach Blvd Apt 1201condos342,950$2,800,0002026-04-21
2100 S Ocean Ln Apt 2306condos332,491$1,950,0002026-04-15
2241 SE 17th St Unit 703condos34$4,900,0002026-03-31
100 S Birch Rd Apt 2702condos331,990$1,400,0002026-03-30
1414 SE 12th St Unit 2Acondos342,107$1,525,0002026-03-23
101 S Fort Lauderdale Beach Blvd Apt 1004condos332,380$1,606,2502026-03-20
1424 SE 12th St Unit 2Acondos342,288$1,365,0002026-03-06
1920 S Ocean Dr Apt 606condos331,329$362,0002026-03-02
2000 S Ocean Dr Apt 1209condos342,335$985,0002026-02-25
100 S Birch Rd Unit 2502Ccondos331,990$1,350,0002026-02-17
2321 SE 17th St Unit 202condos33$3,700,0002026-01-29
1662 S Ocean Ln Apt 158condos321,273$937,5002025-11-03
1819 SE 17th St Apt 1509condos332,005$999,0002025-10-28
101 S Fort Lauderdale Beach Blvd Apt 1405condos342,950$2,160,0002025-10-15
101 S Fort Lauderdale Beach Blvd Apt 2102condos332,380$2,310,4162025-09-10
101 S Fort Lauderdale Beach Blvd Apt 901condos342,950$2,110,0002025-09-10

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.

AddressTypeBedsBathsSqftAsking priceDays on market
1920 S Ocean Dr Apt 306condos331,329$290,000
1920 S Ocean Dr Apt 511condos321,293$299,000
1900 S Ocean Dr Apt 812condos321,293$365,000
200 SE 19th Stsingle_family321,134$690,000
1140 SE 6th Tersingle_family341,725$1,750,000
2100 S Ocean Dr Apt 5CDcondos332,161$599,000
413 SE 23rd Stmulti_family332,072$890,000
1500 SE 12th St Unit 1Acondos342,288$1,500,000

10-year hold projection

IRR-2.7%
Equity multiple0.55x
Total return (10yr)$28,424
YearProperty valueNOICash flowLoan balanceEquity
1$1,543,970$26,907-$72,170$1,186,198$357,772
2$1,590,289$28,187-$71,055$1,172,303$417,986
3$1,637,998$29,517-$69,894$1,157,454$480,544
4$1,687,138$30,899-$68,685$1,141,586$545,552
5$1,737,752$32,335-$67,427$1,124,627$613,125
6$1,789,884$33,827-$66,117$1,106,504$683,380
7$1,843,581$35,376-$64,754$1,087,137$756,444
8$1,898,888$36,986-$63,336$1,066,439$832,449
9$1,955,855$38,657-$61,861$1,044,320$911,535
10$2,014,531$40,393-$60,326$1,020,683$993,848
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.
All figures are estimates for evaluation purposes only, not investment, tax, legal, or insurance advice. Property tax is estimated from a real matched tax bill or millage rate when available, a placeholder % of price otherwise; insurance is scaled by flood and wind risk where those are known and a flat percentage otherwise — never a real quote. Verify all of them, along with association restrictions and permit status, before committing capital. Rent estimates come from real comps or Zillow’s ZIP index, not appraisals.