4010 S Ocean Dr R2206, Hollywood, FL 33019 — MLS photo

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4010 S Ocean Dr R2206, Hollywood, FL 33019

Active · Condominium

$499,000

4010 S Ocean Dr R2206, Hollywood, FL 33019

Beds
1
Baths
2
Living area
702 sq ft
$ / sq ft
$711/sq ft
Year built
2019
Lot size
—
HOA fee
$1,176 Monthly
Annual tax
$7,975

About this property

REDUCED & BEST PRICED 1 BEDROOM AT HYDE BEACH HOUSE- This fully furnished 1 bedroom and 1.5 bathroom canal front condo at Hyde Beach House in Hollywood features zero rental restrictions, robust resort amenities and beach club access. Unit R2206 sits on the 22nd floor of the Hyde Beach House in Hollywood and delivers excellent water and city views directly from the open balcony. You step inside to find a beautifully appointed space featuring ceramic and tile flooring, an entry level bedroom and a kitchen equipped with a cooking island. This property offers immense flexibility because it carries zero rental restrictions. You can rent the unit by the day, the week or the month. The current hotel program agreement cancels immediately when you close on the property. After closing, you choose exactly how to operate your investment. You can put the unit back into the hotel program, self manage the rentals or hire a realtor to manage the property. Hyde Beach House provides an incredible lifestyle with direct access to a beach club just across the street. The community amenities include three pools, a gym, a tennis court, a basketball court and a barbecue area. Residents also gain access to a business center, a party room and a movie theater. The building operates entirely with valet parking.

Property location

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4010 S Ocean Dr R2206, Hollywood, FL 33019

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Facts & features

Interior

Bedrooms
1
Bathrooms
2
Living area
702 sq ft
Flooring
Ceramic Tile, Tile
Appliances
Dryer, Dishwasher, Electric Range, Disposal, Microwave, Refrigerator, Washer
Cooling
Central Air, Electric
Heating
Central, Electric
Interior features
Bedroom On Main Level, Entrance Foyer, Kitchen Island, Walk In Closets

Exterior & Structure

Property type
Condominium
Year built
2019
Stories
41
Architectural style
High Rise
Construction
Block
Exterior features
Balcony
Waterfront
Canal Front
View
Intercoastal

Parking

Garage spaces
1
Covered spaces
1
Parking features
Valet

HOA, Community & Financials

Association fee
$1,176 Monthly
Fee inclusions
Amenities, Common Areas, Cable Tv, Electricity, Hot Water, Internet, Maintenance Structure, Parking, Pest Control, Pools, Sewer, Trash
Amenities
Community Kitchen, Fitness Center, Sauna, Trash
Security
Closed Circuit Cameras, Elevator Secured, Security Guard
Pets allowed
Conditional, Yes
Annual tax
$7,975
Subdivision
4010 SOUTH OCEAN CONDO
County
Broward
Days on market
1094
MLS listing ID
A11459178
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

-$2,125

Cap rate
0.6%
Net yield
0.6%
Cash-on-cash return
-18.2%
Gross yield
6.3%
Mortgage payment
$2,366/mo
Down payment
$124,750
Loan amount
$374,250
Annual NOI
$2,889

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