3901 S Ocean Dr 3Y, Hollywood, FL 33019 — MLS photo

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3901 S Ocean Dr 3Y, Hollywood, FL 33019

Active · Condominium

$344,000

3901 S Ocean Dr 3Y, Hollywood, FL 33019

Beds
1
Baths
1
Living area
874 sq ft
$ / sq ft
$394/sq ft
Year built
1969
Lot size
—
HOA fee
$932
Annual tax
—

About this property

Price Reduction! Resort Style Short Term Rental Condo on the Beach, Turn-Key opportunity to Invest in. Fully licensed STL condo, Airbnb/VRBO registered. 1BR/1BA on the 3rd floor, partial morning sun, Glass balcony, Semi-Updated interior with tile floors, tastefully furnished for immediate usage. The Tides Condo Community features 2 towers, 2 heated pools, direct beach access, 2 fitness centers, business center, on-site Cafe. 24hr security/concierge/valet. Social room/billiards/kitchen. 4 Tiki Huts. Lush, landscaped grounds. Centrally located between Ft Lauderdale & Miami Beaches. 1 mile from Gulfstream Park Casino/racetrack, 1 mile from Hollywood Broadwalk. Near all major shopping, dining & entertainment.

Property location

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3901 S Ocean Dr 3Y, Hollywood, FL 33019

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Facts & features

Interior

Bedrooms
1
Bathrooms
1
Living area
874 sq ft

Exterior & Structure

Property type
Condominium
Year built
1969

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$932
County
Broward
MLS listing ID
A11701468
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

-$1,041

Cap rate
2.1%
Net yield
2.1%
Cash-on-cash return
-13.0%
Gross yield
8.8%
Mortgage payment
$1,631/mo
Down payment
$86,000
Loan amount
$258,000
Annual NOI
$7,077

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