Condo / High-rise home in 347 N New River Dr E #1108 Fort Lauderdale, FL
A Condo condo in Fort Lauderdale, FL, it offers 2 bedrooms and 2 bathrooms across 1,080 square feet. Its Condo character defines the property's look.
| Price | $618,000 |
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| Beds | 2 |
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| Baths | 2 |
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| Sqft | 1080 |
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| Architectural style | Condo / High-rise (92% match) |
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| Address | 347 N New River Dr E #1108 Fort Lauderdale, FL 33301 |
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Why buy this home
- Confirmed Condo / High-rise architecture, matched from the listing photos by Enzo's vision model.
- Links directly to the original source listing on Movoto.
Is this a good buy?
Priced above comparable homes.
- At $618K, this home is 17% above the $528K median for 709 similar Condo / High-rise homes in Fort Lauderdale, FL.
- That works out to $572 per square foot, 32% above the $433 comparable rate.
| This home | $618,000 |
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| Condo / High-rise median in Fort Lauderdale, FL | $528,000 (709 homes) |
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| Price per sq ft | $572 vs. $433 comps median |
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Enzo's reads public listing data and links to the original source. Confirm condition, HOA, taxes and fees there. This is a signal, not advice.
What it costs to own
Estimated at $4,083/month with 20% down at a 7.28% 30-year fixed rate. You would need about $174,992 in gross annual income to keep housing within a 28% ratio.
| Mortgage (P&I) | $3,383/mo |
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| Property tax (new-buyer reassessed rate) | $469/mo |
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| Homeowners insurance | $232/mo |
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| Total monthly | $4,083/mo |
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| Down payment (20%) | $123,600 |
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| Income needed | $174,992/yr |
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A signal to compare homes, not financial advice or a loan offer.
Financial outlook (modeled)
Enzo's grades this home C+ (64 out of 100) over a 5-year hold, from a Monte-Carlo of local home-price dynamics and the interest-rate path versus renting.
| Grade | C+ (64/100) |
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| Beats renting in | 16% of modeled paths |
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| Modeled 5-yr equity (median) | $297,482 |
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| Range (10th to 90th pct) | $179,788 to $445,809 |
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A probabilistic model built on public data (Zillow ZHVI, FRED rates), not a guarantee or financial advice. Local price dynamics are pooled toward US where local data is thin.
Local home values
Typical home values in United States have risen about 20% over the past 5 years (+1% in the last year), per the Zillow Home Value Index. This reflects the national market, not this specific home.
View this home on Movoto