1849 S Ocean Drive 1405, Hallandale Beach, FL 33009 — MLS photo

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1849 S Ocean Drive 1405, Hallandale Beach, FL 33009

Active · Condominium

$249,000

1849 S Ocean Drive 1405, Hallandale Beach, FL 33009

Beds
1
Baths
2
Living area
870 sq ft
$ / sq ft
$286/sq ft
Year built
1971
Lot size
—
HOA fee
$769
Annual tax
—

About this property

This bright and comfortable residence offers the perfect coastal lifestyle — just steps from the ocean. The unit features a spacious living room, a stylish bedroom, a large functional kitchen, and an updated bathroom. A brand-new air conditioning system has recently been installed, adding comfort and efficiency. Residents enjoy resort-style amenities, including a heated pool, sauna, fitness center, club/social room, and direct Intracoastal access. The building offers great maintenance and security, and is conveniently located near top dining, shopping, recreation, and major transportation routes. Community rules permit annual rentals only, subject to association approval. This is a fantastic opportunity to own in a highly desirable, ocean-adjacent community and enjoy the best of South Florida beach living in Hallandale Beach.

Property location

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1849 S Ocean Drive 1405, Hallandale Beach, FL 33009

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Facts & features

Interior

Bedrooms
1
Bathrooms
2
Living area
870 sq ft

Exterior & Structure

Property type
Condominium
Year built
1971

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$769
County
Broward
MLS listing ID
A11927442
Listing status
Active

Investment intelligence

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Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.

Estimated monthly cash flow

-$463

Cap rate
3.5%
Net yield
3.5%
Cash-on-cash return
-8.0%
Gross yield
10.8%
Mortgage payment
$1,180/mo
Down payment
$62,250
Loan amount
$186,750
Annual NOI
$8,609

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