3505 S Ocean Dr 1010, Hollywood, FL 33019 — MLS photo

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3505 S Ocean Dr 1010, Hollywood, FL 33019

Active · Condominium

$487,000

3505 S Ocean Dr 1010, Hollywood, FL 33019

Beds
2
Baths
2
Living area
1,100 sq ft
$ / sq ft
$443/sq ft
Year built
1964
Lot size
—
HOA fee
$1,300
Annual tax
—

About this property

Experience OUTSTANDING OCEAN VIEWS from every room of this waterfront 2 bedroom 2 bathroom condominium. This apartment boasts wood flooring throughout ,and an open kitchen ideal for modern living. Residents can enjoy exclusive beach access and resort-style amenities including a swimming pool, gym, barbecue area, security 24/7. Very well located near Hollywood dining area , shopping and entertainment. Whether you're looking for a full-time residence or an investment opportunity, this unit offers the best of both worlds and it can be easily rented MONTHLY, 12 times a year.

Property location

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3505 S Ocean Dr 1010, Hollywood, FL 33019

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Facts & features

Interior

Bedrooms
2
Bathrooms
2
Living area
1,100 sq ft

Exterior & Structure

Property type
Condominium
Year built
1964

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$1,300
County
Broward
MLS listing ID
A11816887
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

-$1,677

Cap rate
1.6%
Net yield
1.6%
Cash-on-cash return
-14.8%
Gross yield
8.2%
Mortgage payment
$2,309/mo
Down payment
$121,750
Loan amount
$365,250
Annual NOI
$7,583

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