Interior
- Bedrooms
- 2
- Bathrooms
- 2
- Living area
- 1,037 sq ft
Active · Condominium
$515,000
2602 E Hallandale Beach Boulevard R308, Hallandale Beach, FL 33009
- Beds
- 2
- Baths
- 2
- Living area
- 1,037 sq ft
- $ / sq ft
- $497/sq ft
- Year built
- 2015
- Lot size
- —
- HOA fee
- $1,170
- Annual tax
- —
About this property
AMAZING INVESTMENT OPPORTUNITY! NO RENTAL RESTRICTIONS! Profitable 2 bedroom / 2 bathroom + balcony condo-hotel with a unique floor plan that allows to divide the property in two, doubling the profitability and making this condo-hotel unit a unique property. On the 3rd floor, allowing to be accessed not only by elevator, but also by the stairs (only one floor up from the lobby!). Newly renovated floor. DAILY RENTALS ALLOWED! Owners can self manage the property through Airbnb and other platforms,or through a management company of their choice. The HOA covers electricity, water, internet and cable. THIS PROPERTY IS A WORRY FREE INVESTMENT AND A PROVEN INCOME PRODUCER! Financial documents available.
Property location
Get Directions2602 E Hallandale Beach Boulevard R308, Hallandale Beach, FL 33009
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Facts & features
Exterior & Structure
- Property type
- Condominium
- Year built
- 2015
Parking
Not provided in the MLS listing.
HOA, Community & Financials
- Association fee
- $1,170
- County
- Broward
- MLS listing ID
- R10900728
- Listing status
- Active
Investment intelligence
Yield & ROI calculator
Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.
Estimated monthly cash flow
-$1,772
- Cap rate
- 1.6%
- Net yield
- 1.6%
- Cash-on-cash return
- -14.8%
- Gross yield
- 7.6%
- Mortgage payment
- $2,441/mo
- Down payment
- $128,750
- Loan amount
- $386,250
- Annual NOI
- $8,026
Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.