1945 S Ocean Dr 605, Hallandale Beach, FL 33009 — MLS photo

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1945 S Ocean Dr 605, Hallandale Beach, FL 33009

Active · Condominium

$399,000

1945 S Ocean Dr 605, Hallandale Beach, FL 33009

Beds
1
Baths
1
Living area
831 sq ft
$ / sq ft
$480/sq ft
Year built
2007
Lot size
—
HOA fee
$720 Monthly
Annual tax
$6,550

About this property

Welcome to Ocean Marine Yacht Club—perfectly located on the Intracoastal and just steps from the beach. This bright and updated FURNISHED 1-bedroom is one of the best values in the building and shows beautifully, featuring a spacious open layout, large balcony, and floor-to-ceiling glass. Recently repositioned with a price adjustment for immediate market competitiveness and buyer attention. Resort-style amenities include a waterfront pool, private cabanas, gym, concierge, valet, and marina. Investors and second-home buyers will appreciate the rental flexibility—rent right away, seasonally for a minimum of 6 months plus 1 day, or annually. Strong building with reserves and a stable HOA. If the unit is rented at the time of purchase, the buyer must assume and honor the existing lease through its expiration. Aggressively priced for today’s market and easy to show. Ideal for a cash buyer seeking lifestyle, location, and excellent investment potential.

Property location

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1945 S Ocean Dr 605, Hallandale Beach, FL 33009

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Facts & features

Interior

Bedrooms
1
Bathrooms
1
Living area
831 sq ft
Flooring
Ceramic Tile, Laminate, Other
Appliances
Dryer, Dishwasher, Electric Range, Ice Maker, Microwave, Refrigerator, Self Cleaning Oven, Washer
Cooling
Central Air
Heating
Central
Interior features
Bedroom On Main Level, Walk In Closets, Elevator
Furnished
Furnished

Exterior & Structure

Property type
Condominium
Year built
2007
Stories
28
Architectural style
High Rise
Construction
CBSConcrete Block Structure, Block, Stucco
Exterior features
Balcony, Security High Impact Doors
Pool
Association
Waterfront
Intracoastal Access
View
Intercoastal, Ocean, Other

Parking

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

HOA, Community & Financials

Association fee
$720 Monthly
Fee inclusions
Amenities, Common Areas, Hot Water, Insurance, Internet, Maintenance Grounds, Maintenance Structure, Pools, Reserve Fund, Sewer, Security, Trash, Water
Amenities
Boat Dock, Billiard Room, Business Center, Fitness Center, Pool, Trash, Elevators
Security
Door Man, Elevator Secured, Lobby Secured, Smoke Detectors
Pets allowed
Conditional, Yes
Annual tax
$6,550
Subdivision
OCEAN MARINE YACHT CLUB C
County
Broward
Days on market
469
MLS listing ID
A11757643
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

-$1,056

Cap rate
2.5%
Net yield
2.5%
Cash-on-cash return
-11.3%
Gross yield
7.8%
Mortgage payment
$1,891/mo
Down payment
$99,750
Loan amount
$299,250
Annual NOI
$10,021

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