4010 S Ocean Dr R1601, Hollywood, FL 33019 — MLS photo

Active · HotelMotel

$795,000

4010 S Ocean Dr R1601, Hollywood, FL 33019

Beds: 2
Baths: 2
Living area: 1,075 sq ft
$ / sq ft: $740/sq ft
Year built: 2019
Lot size: —
HOA fee: $1,801 Monthly
Annual tax: $14,630

About this property

BRIGHT CORNER UNIT ELEGANTLY FURNISHED AT HYDE BEACH HOUSE WITH OCEAN AND INTRACOASTAL VIEWS FEATURES THE MOST FAVORABLE, 2 DAYS MIN HOTEL RENTAL PROGRAM. TILES WITH COZY WOOD LOOKING FLOORS, EUROPEAN STYLE CABINETRY, RESORT STYLE AMENITIES, CONCIERGE SERVICE, BEACH SERVICE, VALET AND MUCH MORE. DM LISTING AGENT FOR SHOWINGS

Property location

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4010 S Ocean Dr R1601, Hollywood, FL 33019

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Facts & features

Interior

Bedrooms: 2
Bathrooms: 2
Living area: 1,075 sq ft
Flooring: Tile
Appliances: Dryer, Dishwasher, Electric Water Heater, Disposal
Cooling: Electric
Heating: Electric
Interior features: Built In Features, Bathtub, Closet Cabinetry, Kitchen Island, Elevator

Exterior & Structure

Property type: HotelMotel
Year built: 2019
Stories: 45
Architectural style: High Rise
Construction: CBSConcrete Block Structure, Block
Exterior features: Security High Impact Doors
Pool: Association, Heated
Waterfront: Bayfront, Canal Front
View: Bay, Canal, Intercoastal, Ocean

Parking

Garage spaces: 0
Covered spaces: 0
Parking features: One Space

HOA, Community & Financials

Association fee: $1,801 Monthly
Fee inclusions: Amenities, Common Areas, Cable Tv
Amenities: Bike Storage, Fitness Center, Pool, Elevators
Security: Elevator Secured
Pets allowed: Dogs Ok, Yes
Annual tax: $14,630
Subdivision: 4010 SOUTH OCEAN CONDO
County: Broward
Days on market: 640
MLS listing ID: A11728310
Listing status: Active

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Monthly HOA ($)

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Estimated monthly cash flow

-$3,544

Cap rate: 0.3%
Net yield: 0.3%
Cash-on-cash return: -19.1%
Gross yield: 6.2%
Mortgage payment: $3,769/mo
Down payment: $198,750
Loan amount: $596,250
Annual NOI: $2,700

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