Cays Realty
1893 S Ocean Drive 302, Hallandale Beach, FL 33009 — MLS photo

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1893 S Ocean Drive 302, Hallandale Beach, FL 33009

Active · Condominium

$199,000

1893 S Ocean Drive 302, Hallandale Beach, FL 33009

Beds
1
Baths
1
Living area
749 sq ft
$ / sq ft
$266/sq ft
Year built
1969
Lot size
—
HOA fee
$510 Monthly
Annual tax
$3,868

About this property

LARGE ONE BEDROOM UNIT . GREAT LOCATION ACROSS THE STREET FROM THE OCEAN . CANNOT RENT ANNUALY FOR FIRST 5 YEARS OF OWNERSHIP BUT CAN RENT IMMEDIATELY FOR MAXIMUM 6 MONTHS ONE TIME PER YEAR. INTERNET INCLUDED IN MAINTENANCE. VACANT AND EASY TO SHOW

Property location

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1893 S Ocean Drive 302, Hallandale Beach, FL 33009

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Facts & features

Interior

Bedrooms
1
Bathrooms
1
Living area
749 sq ft
Flooring
Ceramic Tile
Appliances
Electric Range, Refrigerator
Cooling
Central Air
Heating
Central
Interior features
Bedroom On Main Level, First Floor Entry, Living Dining Room, Main Level Primary, Other, Tub Shower

Exterior & Structure

Property type
Condominium
Year built
1969
Stories
9
Construction
Block
Exterior features
Balcony
Pool
Association, Community
Waterfront
Intracoastal Access
View
Intercoastal, Pool

Parking

Garage spaces
0
Covered spaces
0
Parking features
Assigned, Guest

HOA, Community & Financials

Association fee
$510 Monthly
Fee inclusions
Insurance, Internet, Pools, Reserve Fund, Roof, Sewer, Trash, Water
Amenities
Billiard Room, Clubhouse, Pool, Trash
Security
Intercom, Phone Entry
Pets allowed
No
Annual tax
$3,868
Subdivision
THE MARTINIQUE
County
Broward
Days on market
825
MLS listing ID
F10446401
Listing status
Active

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Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.

Estimated monthly cash flow

-$186

Cap rate
4.6%
Net yield
4.6%
Cash-on-cash return
-4.0%
Gross yield
11.4%
Mortgage payment
$943/mo
Down payment
$49,750
Loan amount
$149,250
Annual NOI
$9,085

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