Cays Realty
4111 S Ocean Dr 3108, Hollywood, FL 33019 — MLS photo

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4111 S Ocean Dr 3108, Hollywood, FL 33019

Active · Condominium

$849,000

4111 S Ocean Dr 3108, Hollywood, FL 33019

Beds
2
Baths
2
Living area
1,179 sq ft
$ / sq ft
$720/sq ft
Year built
2017
Lot size
—
HOA fee
$1,603 Monthly
Annual tax
$13,647

About this property

BEST PRICED TWO BEDROOM. Welcome to Lyfe Resort & Residences. Fully equipped and furnished 2-bedroom unit in popular Lyfe Condominium. Condo-Resort unit. Very high occupancy rates year round. Constantly and steadily generating monthly rent revenue. Amazing amenities and views all around from the 31st Floor. Exclusive access to Hyde Beach Club, Three Pools, Fitness Center, and Spa awaits. Indulge in on-site dining and multiple bars. Resort Services include in-room dining, housekeeping, concierge, valet, and more. Conveniently located near Seminole Hard Rock Casino, Bal Harbour Shops, Dolphin Stadium, and Aventura Mall. Daily, short-term, seasonal rentals are allowed, and residents are restricted to 150 nights per year.

Property location

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4111 S Ocean Dr 3108, Hollywood, FL 33019

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Facts & features

Interior

Bedrooms
2
Bathrooms
2
Living area
1,179 sq ft
Flooring
Carpet
Appliances
Dryer, Dishwasher, Electric Range, Disposal, Microwave, Refrigerator, Washer
Cooling
Central Air
Heating
Central, Electric
Interior features
Bedroom On Main Level, Elevator, Split Bedrooms, Bar

Exterior & Structure

Property type
Condominium
Year built
2017
Stories
41
Architectural style
High Rise, Other
Construction
CBSConcrete Block Structure, Block
Exterior features
None
Pool
Association
Waterfront
Ocean Access, Ocean Front
View
Intercoastal, Ocean, Other

Parking

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

HOA, Community & Financials

Association fee
$1,603 Monthly
Fee inclusions
Amenities, Cable Tv, Electricity, Hot Water, Internet
Amenities
Business Center, Pool, Elevators
Security
Elevator Secured, Key Card Entry, Security Guard, Smoke Detectors
Pets allowed
Conditional, Yes
Annual tax
$13,647
Subdivision
4111 SOUTH OCEAN DRIVE CO
County
Broward
Days on market
718
MLS listing ID
A11674627
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

-$3,249

Cap rate
1.1%
Net yield
1.1%
Cash-on-cash return
-16.4%
Gross yield
6.3%
Mortgage payment
$4,025/mo
Down payment
$212,250
Loan amount
$636,750
Annual NOI
$9,310

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