2080 S Ocean Drive 505, Hallandale Beach, FL 33009 — MLS photo

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2080 S Ocean Drive 505, Hallandale Beach, FL 33009

Active · Condominium

$650,000

2080 S Ocean Drive 505, Hallandale Beach, FL 33009

Beds
2
Baths
2
Living area
1,130 sq ft
$ / sq ft
$575/sq ft
Year built
2002
Lot size
—
HOA fee
$1,157
Annual tax
—

About this property

MOTIVATED SELLER! BEST PRICED UNIT IN THE BUILDING! INVESTOR'S DREAM with exceptional income potential! Investor-friendly with NO RENTAL RESTRICTIONS, making this an outstanding opportunity for short-term, seasonal, or long-term rentals. High rental demand in this desirable beachfront location offers the potential for strong and consistent revenue. This stunning 5th-floor corner unit combines luxury, lifestyle, and investment value. Featuring BRAND-NEW FLOORING throughout, this bright, spacious, and beautifully maintained residence offers an abundance of natural light that enhances the open and airy feel. The beautifully appointed dining area flows seamlessly into the expansive kitchen and spacious living area, creating the perfect space for entertaining or relaxing. Breathtaking ! PETS INFO TO BE REQUESTED TO HOA

Property location

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2080 S Ocean Drive 505, Hallandale Beach, FL 33009

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Facts & features

Interior

Bedrooms
2
Bathrooms
2
Living area
1,130 sq ft

Exterior & Structure

Property type
Condominium
Year built
2002
Lot size
0 sq ft

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$1,157
County
Broward
MLS listing ID
F10495825
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

-$2,207

Cap rate
1.6%
Net yield
1.6%
Cash-on-cash return
-14.6%
Gross yield
7.1%
Mortgage payment
$3,081/mo
Down payment
$162,500
Loan amount
$487,500
Annual NOI
$10,494

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