3161 S Ocean Dr 203, Hallandale Beach, FL 33009 — MLS photo

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3161 S Ocean Dr 203, Hallandale Beach, FL 33009

Active · Condominium

$270,000

3161 S Ocean Dr 203, Hallandale Beach, FL 33009

Beds
1
Baths
2
Living area
1,016 sq ft
$ / sq ft
$266/sq ft
Year built
1971
Lot size
—
HOA fee
$539 Monthly
Annual tax
$997

About this property

BEST PRICED UNIT IN THE CLIFTON CONDO! THIS IS A VALUE OPTION FOR ANYONE LOOKING TO GET THE BEST DEAL AND BUY IN A VERY NICE LOCATION! INTRACOASTAL FRONTAGE, DIRECTLY ACROSS THE STREET FROM THE BEACH. THE CONDO IS IN GREAT SHAPE, BOTH STRUCTURALLY AND FINANCIALLY. 40 YEAR RECERTIFICATION IS COMPLETE. NEW BUYER WILL HAVE NO SPECIAL ASSESSMENT TO WORRY ABOUT AND CAN START OUT FRESH AT A GREAT PRICE POINT. THIS UNIT IS ONE OF THE FEW PROPERTIES THAT HAS COVERED ASSIGNED PARKING UNDER THE BUILDING. PLENTY OF GUEST PARKING AS WELL. THIS UNIT IS LARGE AT OVER 1000 SQ FEET. THE POOL HERE IS AMAZING AND IS DIRECTLY ON THE INTRACOASTAL. BUY LOW AND LIVE LARGE ON THE BEACH IN ONE OF THE BEST BEACHSIDE SOUTH FLORIDA NEIGHBORHOODS OF HALLANDALE BEACH. NO AGE RESTRICTIONS. 1 YEAR WAITING PERIOD TO RENT

Property location

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3161 S Ocean Dr 203, Hallandale Beach, FL 33009

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Facts & features

Interior

Bedrooms
1
Bathrooms
2
Living area
1,016 sq ft
Flooring
Tile
Appliances
Electric Range, Refrigerator
Cooling
Central Air
Heating
Central
Interior features
Elevator

Exterior & Structure

Property type
Condominium
Year built
1971
Stories
15
Architectural style
High Rise
Construction
CBSConcrete Block Structure, Block
Exterior features
Awnings, Barbecue
Pool
Association
Waterfront
Intracoastal Access, Seawall
View
Intercoastal

Parking

Garage spaces
1
Covered spaces
1
Parking features
Attached, Underground, Garage, Guest, One Space

HOA, Community & Financials

Association fee
$539 Monthly
Fee inclusions
Amenities, Maintenance Structure
Amenities
Clubhouse, Barbecue, Picnic Area, Pool
Security
Key Card Entry, Phone Entry
Pets allowed
Conditional, Yes
Annual tax
$997
Subdivision
CLIFTON CONDO
County
Broward
Days on market
633
MLS listing ID
A11684349
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

$254

Cap rate
6.8%
Net yield
6.8%
Cash-on-cash return
4.0%
Gross yield
11.4%
Mortgage payment
$1,280/mo
Down payment
$67,500
Loan amount
$202,500
Annual NOI
$18,412

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