3725 S Ocean Dr 1421, Hollywood, FL 33019 — MLS photo

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3725 S Ocean Dr 1421, Hollywood, FL 33019

Active · Condominium

$338,000

3725 S Ocean Dr 1421, Hollywood, FL 33019

Beds
1
Baths
2
Living area
847 sq ft
$ / sq ft
$399/sq ft
Year built
1996
Lot size
—
HOA fee
$995
Annual tax
—

About this property

Exceptional oceanfront residence in Hollywood Beach, ideally located next to the renowned Diplomat Hotel and across from the new Icon Beach development. A prime opportunity for investors, with immediate rental potential and strong demand for short term stays. The building just completed 50 year recertification. HOA fee of only $995 covers amenities including a pool, fitness center, insurance, cable, water/sewer, and more. Two parking spaces included, with both self-parking and valet options available. Short-term rentals are permitted with flexible terms: 30-day minimum, up to 12 leases per year, making this property perfect for investment, personal use, or both. Close to shopping, restaurants, houses of worship, cafes, Fort Lauderdale International Airport and famous Hollywood Broadwalk. SOld AS IS with all the furniture included

Property location

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3725 S Ocean Dr 1421, Hollywood, FL 33019

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Facts & features

Interior

Bedrooms
1
Bathrooms
2
Living area
847 sq ft

Exterior & Structure

Property type
Condominium
Year built
1996

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$995
County
Broward
MLS listing ID
A11930214
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

-$1,121

Cap rate
1.7%
Net yield
1.7%
Cash-on-cash return
-14.2%
Gross yield
8.7%
Mortgage payment
$1,602/mo
Down payment
$84,500
Loan amount
$253,500
Annual NOI
$5,775

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