801 Three Islands Boulevard 409, Hallandale Beach, FL 33009 — MLS photo

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801 Three Islands Boulevard 409, Hallandale Beach, FL 33009

Active · Condominium

$235,000

801 Three Islands Boulevard 409, Hallandale Beach, FL 33009

Beds
2
Baths
2
Living area
1,050 sq ft
$ / sq ft
$224/sq ft
Year built
1974
Lot size
—
HOA fee
$614
Annual tax
—

About this property

COME AND DISCOVER THIS LOVELY AND QUIET NEIGHBORHOOD. DESOTO, A ALL AGES COMMUNITY, OFFERS THIS GOOD SIZE CORNER UNIT, 2 BDRMS WITH 2 UPDATED BATHROOMS AND REFRESHED KITCHEN. A VERY SPACIOUS LIVING ROOM AND SCREENED IN BALCONY. THE COMPLEX OFFERS A CLUB HOUSE WITH SOCIAL ROOM, TENNIS COURTS AND A LARGE HEATED POOL OVERLOOKING THE INTRACOASTAL. J. SCAVO PUBLIC PARK WITH CHILDREN PLAYGROUND IS JUST ACROSS THE STREET, THE NEW PRIVATE GOLF COURSE ''SHELL BAY" IS JUST 5 MIN DRIVE. ONLY 10 MIN WALKING TO WALMART AND RESTAURANTS AND MULTIPLE STORES. BEACH IS ABUT 20 MIN WALKING. LOW MAINTENANCE, INVESTORS FRIENDLY. THE INTERIOR OF THE BUILDING IS BEING UPDATED NOW. OCCUPIED, EXCELLENT TENANT. PAYS 2000/ MONTH, GREAT INVESTMENT OPPORTUNITY.

Property location

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801 Three Islands Boulevard 409, 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
1974

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$614
County
Broward
MLS listing ID
F10531752
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

$45

Cap rate
5.9%
Net yield
5.9%
Cash-on-cash return
0.8%
Gross yield
12.9%
Mortgage payment
$1,114/mo
Down payment
$58,750
Loan amount
$176,250
Annual NOI
$13,911

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