700 Layne Blvd 112, Hallandale Beach, FL 33009 — MLS photo

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700 Layne Blvd 112, Hallandale Beach, FL 33009

Active · Condominium

$298,000

700 Layne Blvd 112, Hallandale Beach, FL 33009

Beds
2
Baths
2
Living area
1,050 sq ft
$ / sq ft
$284/sq ft
Year built
1965
Lot size
—
HOA fee
$812
Annual tax
—

About this property

Spacious two-bedroom, two-bathroom unit in vibrant East Hallandale gated community of Golden Isles. Close to the beach, walking distance to the grocery stores, pharmacy, shopping, and restaurants. Priced to reflect need for updates-strong investment potential in the prime location. Ground level, assigned parking space directly by front door. Park your car and walk in to your new home. Low Monthly Condo Fee includes insurance, water, sewer, garbage, pool, club room. Golden Isles is a gated safe neighborhood, police-patrolled, community park, playground, and tennis courts. Community Features: 24-Hour Gated security, Clubhouse, Heated Pool, Laundry Facility, No Age Restriction, Can Be Rented After One Year of Ownership Well Managed and Maintained Financially Sound with Reserves.

Property location

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700 Layne Blvd 112, Hallandale Beach, FL 33009

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Facts & features

Interior

Bedrooms
2
Bathrooms
2
Living area
1,050 sq ft

Exterior & Structure

Property type
Condominium
Year built
1965

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$812
County
Broward
MLS listing ID
A11805912
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

-$431

Cap rate
4.0%
Net yield
4.0%
Cash-on-cash return
-6.2%
Gross yield
10.9%
Mortgage payment
$1,413/mo
Down payment
$74,500
Loan amount
$223,500
Annual NOI
$11,776

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