4010 S Ocean Dr R406, Hollywood, FL 33019 — MLS photo

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4010 S Ocean Dr R406, Hollywood, FL 33019

Active · Condominium

$600,000

4010 S Ocean Dr R406, Hollywood, FL 33019

Beds
1
Baths
2
Living area
702 sq ft
$ / sq ft
$855/sq ft
Year built
2019
Lot size
—
HOA fee
$730
Annual tax
—

About this property

Brand New Luxury Condominium with outstanding amenities, Brand new Apartment on the 4th floor with high ceiling overlooking the Intracoastal. Watch the Yachts go by and enjoy beautiful sunsets from a large terrace. Walk across the street for private access to the beach. The residence features upscale furniture and top of the line appliances. Five Stars amenities include 2 Swimming Pools, Jacuzzi, Fitness Center, Outside Movie Theater, Tennis, Racquetball, Basketball, Spa, Business Center, Party Room and more. Short Term Rental Management Available. Use the apartment as many days as you want and while you are not there a company will rent the apartment for you performing the best mixture between investment and pleasure.

Property location

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4010 S Ocean Dr R406, Hollywood, FL 33019

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Facts & features

Interior

Bedrooms
1
Bathrooms
2
Living area
702 sq ft

Exterior & Structure

Property type
Condominium
Year built
2019

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$730
County
Broward
MLS listing ID
A11772530
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

-$2,252

Cap rate
1.2%
Net yield
1.2%
Cash-on-cash return
-16.1%
Gross yield
5.8%
Mortgage payment
$2,844/mo
Down payment
$150,000
Loan amount
$450,000
Annual NOI
$7,111

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