2602 E Hallandale Beach Boulevard R308, Hallandale Beach, FL 33009 — MLS photo

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2602 E Hallandale Beach Boulevard R308, Hallandale Beach, FL 33009

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 Monthly
Annual tax
$5,975

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

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2602 E Hallandale Beach Boulevard R308, Hallandale Beach, FL 33009

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Facts & features

Interior

Bedrooms
2
Bathrooms
2
Living area
1,037 sq ft
Flooring
Carpet, Ceramic Tile
Appliances
Dryer, Dishwasher, Electric Range, Microwave, Refrigerator, Washer
Cooling
Central Air
Heating
Central
Interior features
Walk In Closets
Furnished
Furnished

Exterior & Structure

Property type
Condominium
Year built
2015
Stories
33
Construction
Block
Pool
None
Waterfront
Intracoastal Access, Navigable Water

Parking

Garage spaces
1
Covered spaces
1
Parking features
Assigned, Garage, One Space

HOA, Community & Financials

Association fee
$1,170 Monthly
Fee inclusions
Common Area Maintenance, Cable Tv, Electricity, Hot Water, Sewer, Water
Amenities
Fitness Center, Management, Elevators
Security
Door Man, Fire Alarm, Lobby Secured, Security System, Smoke Detectors
Pets allowed
No
Annual tax
$5,975
Subdivision
BEACHWALK CONDOMINIUM
County
Broward
Days on market
1209
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

-$1,455

Cap rate
2.3%
Net yield
2.3%
Cash-on-cash return
-12.1%
Gross yield
7.6%
Mortgage payment
$2,441/mo
Down payment
$128,750
Loan amount
$386,250
Annual NOI
$11,836

Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.