3505 S Ocean Dr 508, Hollywood, FL 33019 — MLS photo

Active · Condominium

$474,500

3505 S Ocean Dr 508, Hollywood, FL 33019

Beds: 2
Baths: 2
Living area: 1,120 sq ft
$ / sq ft: $424/sq ft
Year built: 1993
Lot size: —
HOA fee: $1,308 Monthly
Annual tax: $9,374

About this property

OCEANFRONT W PRIVATE BEACH ACCESS, IN UNIT WASHER/DRYER ~ CURRENTLY LEASED JUNE 26 2026 - ANNUAL TENANCY $3,200/MO. TENANT'S LEASE TRANSFERS W PURCHASE. New Hurricane Windows & Sliding Glass Doors, New Balcony w Glass Railings, Tastefully Decorated & Perfectly Maintained Property- Buy with Confidence. ~ Alexander Towers Is Perfectly Located On Hollywood Beach In between Fort Lauderdale and Miami Beach. The Community Has Private Beach Access, Beach & Pool Attendant, 24/7 Valet and Front Desk Concierge ~ Monthly Maintenance: $1,308/mo, NEGOTIABLE: Assessment $526.32/mo, Approx 13 More Years. ~FLEXIBLE RENTAL POLICY 12X/YEAR ~ 30 DAYS MINIMUM,

Property location

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3505 S Ocean Dr 508, Hollywood, FL 33019

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Facts & features

Interior

Bedrooms: 2
Bathrooms: 2
Living area: 1,120 sq ft
Flooring: Ceramic Tile
Appliances: Dryer, Dishwasher, Electric Range, Disposal, Refrigerator, Self Cleaning Oven, Washer
Cooling: Central Air
Heating: Central
Interior features: Living Dining Room, Shower Only, Stacked Bedrooms, Walk In Closets
Furnished: Furnished

Exterior & Structure

Property type: Condominium
Year built: 1993
Stories: 15
Architectural style: High Rise
Construction: Block
Exterior features: Balcony, Security High Impact Doors
Pool: Heated
Waterfront: Ocean Access, Ocean Front
View: Ocean, Other, Pool

Parking

Garage spaces: 0
Covered spaces: 0
Parking features: Assigned, One Space, Valet

HOA, Community & Financials

Association fee: $1,308 Monthly
Fee inclusions: Association Management, Amenities, Cable Tv, Internet, Legal Accounting, Maintenance Grounds, Maintenance Structure, Parking, Pest Control, Pools, Reserve Fund, Roof, Sewer, Security, Trash, Water
Amenities: Billiard Room, Bike Storage, Clubhouse, Laundry, Barbecue, Picnic Area, Pool, Spa Hot Tub, Trash, Elevators
Security: Door Man, Key Card Entry, Security Guard, Smoke Detectors
Pets allowed: Conditional, Yes
Annual tax: $9,374
Subdivision: ALEXANDER TOWERS CONDO
County: Broward
Days on market: 247
MLS listing ID: A11930339
Listing status: Active

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

Down payment (%)

Interest rate (%)

Loan term (yrs)

Monthly rent ($)

Monthly HOA ($)

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Estimated monthly cash flow

-$1,626

Cap rate: 1.6%
Net yield: 1.6%
Cash-on-cash return: -14.7%
Gross yield: 8.4%
Mortgage payment: $2,249/mo
Down payment: $118,625
Loan amount: $355,875
Annual NOI: $7,475

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