642 Palm Drive, Hallandale Beach, FL 33009 — MLS photo

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642 Palm Drive, Hallandale Beach, FL 33009

Active · SingleFamilyResidence

$6,199,000

642 Palm Drive, Hallandale Beach, FL 33009

Beds
7
Baths
8
Living area
5,660 sq ft
$ / sq ft
$1,095/sq ft
Year built
2011
Lot size
11,454 sq ft
HOA fee
—
Annual tax
—

About this property

Spacious and Luxurious Describes This Stunning 7 Bedroom Plus Office 7 1/2 Bath Two Story 85' of Waterfront Home Located in The Highly Desirable Gated Community of Golden Isles. Features of this Magnificent Home Include Breathtaking Volume Ceilings, Marble Floors, A Huge Gourmet Kitchen That's an Entertainers Delight with Thermidor Oven, Gas Stove, Subzero, Wine Cooler, Walk-in Pantry & Breakfast Area. Seven of the Bedrooms Are En-Suite. The Ultimate Luxury of Stunning Balcony Views from Three of the Bedrooms, An Elevator and 2nd Wine Cooler Upstairs, The Spectacular Backyard has an 85 Foot Dock Ready to Accommodate Your Yacht or Water Toys with Direct Ocean Access. Heated Pool & Jacuzzi and Wonderful Summer Kitchen Will Bring You Endless Enjoyment as you Watch the Sunset in the Evening. Copy of the floor Plans are in the supplements.

Property location

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642 Palm Drive, Hallandale Beach, FL 33009

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Facts & features

Interior

Bedrooms
7
Bathrooms
8
Living area
5,660 sq ft

Exterior & Structure

Property type
SingleFamilyResidence
Year built
2011
Lot size
11,454 sq ft

Parking

Not provided in the MLS listing.

HOA, Community & Financials

County
Broward
MLS listing ID
F10476251
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

-$18,306

Cap rate
2.1%
Net yield
2.1%
Cash-on-cash return
-12.7%
Gross yield
5.3%
Mortgage payment
$29,386/mo
Down payment
$1,549,750
Loan amount
$4,649,250
Annual NOI
$132,964

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