3180 S Ocean Dr 422, Hallandale Beach, FL 33009 — MLS photo

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3180 S Ocean Dr 422, Hallandale Beach, FL 33009

Active · Condominium

$279,000

3180 S Ocean Dr 422, Hallandale Beach, FL 33009

Beds
1
Baths
1
Living area
741 sq ft
$ / sq ft
$377/sq ft
Year built
1972
Lot size
—
HOA fee
$1,025
Annual tax
—

About this property

PRIME LOCATION, LIVE NEXT TO GOLDEN BEACH! CHARMING 1 BEDROOM 1 BATH IN EXCELLENT CONDITION WITH INTRACOASTAL VIEWS! ENJOY RESORT STYLE OF LIVING WITH A PRIVATE BEACH, LOUNGE CHAIRS, & UMBRELLAS PROVIDED BY THE BEACH ATTENDANTS. CAN BE RENTED AS SOON AS YOU CLOSE ON YOUR PURCHASE. A GREAT VACATION GET-A-WAY and ANNUAL AND SEASONAL RENTAL. AMENITIES ARE: AN AMAZING BEACH, HUGE POOL DECK & BEACH SERVICE, TWO GYMS(CARDIO & WEIGHTS), SAUNA, HEATED POOL, BBQ AREA, BILLIARDS, PING PONG TABLE, LIBRARY, STORAGE BIN INCLUDED, VALET PARKING, & 24/7 SECURITY. MAINTENANCE FEE INCLUDES: CENTRAL A/C, HOT WATER, INSURANCE BASIC CABLE, Wi-Fi, & PEST CONTROL. APARTMENT IS TENANT OCCUPIED UNTILL DECEMBER 2024 RENT AT $2200 PER M. Buyer is responsible to pay and or take over all the special assessments.

Property location

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3180 S Ocean Dr 422, Hallandale Beach, FL 33009

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Facts & features

Interior

Bedrooms
1
Bathrooms
1
Living area
741 sq ft

Exterior & Structure

Property type
Condominium
Year built
1972

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$1,025
County
Broward
MLS listing ID
A11520707
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

-$1,061

Cap rate
1.1%
Net yield
1.1%
Cash-on-cash return
-16.3%
Gross yield
9.0%
Mortgage payment
$1,323/mo
Down payment
$69,750
Loan amount
$209,250
Annual NOI
$3,137

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