LAKE MAYAN APTS CO-OP

1850 S Ocean Drive # 220, Fort Lauderdale FL 33316

1 beds · 1 baths · 640 ft²

Closed

$250,000

Est. Payment $1,331/mo

MLS Sheet Video

1

Bedrooms

1

Bathrooms

640

Sq. Ft.

1963

Year Built

4

Stories

48

Days on Market

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.

Facts

MLS#
R10942641
Subdivision
LAKE MAYAN APTS CO-OP
Property Type
Residential
Property Sub Type
Condominium
Year Built
1963
Lot Size
0 sqft
Sq. Ft.
640 ft²
Sq. Mt.
59 m²
Price per sq. ft.
$391/ft²
Price per sq. mt.
$4,237/m²
Stories
4
Garage
Pool
Private
Days on Market
48 days
Listed
Dec 12, 2023
Last Updated
May 18, 2026
Price/Lot Sq.Ft.

Comparable homes

Same ZIP, similar price + bedrooms.

Market insights for Fort Lauderdale

Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.

Sellers market

June 2026

100/100
Buyers marketSellers market

101

Median days to sold

+4.5%

1-year price forecast (est.)

Price & tax history

From the live MIAMI MLS feed. Older history requires the ListingHistory resource (not yet enabled).

5/18/2026Sold$250,000
12/12/2023Listed for sale$250,000

History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).

Estimated Monthly Payment

$1,689/mo

Principal & Interest

$1,331

Property Tax

$208

Insurance

$150

HOA

$0

20% ($50,000)
7.00%
30 years
1.00% (FL avg ~1.0%)
$0/mo
$150/mo

Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.

Rangely Adames

Rangely Adames

Sales Associate | Sunland Group

Hablo Español

The data relating to real estate for sale on this website comes in part from the Southeast Florida Multiple Listing Service. MLS Data is deemed reliable, but is not guaranteed accurate by MIAMI REALTORS®.

Accuracy of listing information is not guaranteed. Listing information is provided for personal consumer, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited and may be a violation of federal and state law.

Copyright Southeast Florida MLS a/k/a SEFMLS © 2026.

Updated within 24 hours

Similar listings nearby

More homes in Fort Lauderdale around $250,000.

Call NowWhatsApp