4001 S Ocean Dr 3B, Hollywood, FL 33019 — MLS photo

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4001 S Ocean Dr 3B, Hollywood, FL 33019

Active · Condominium

$524,900

4001 S Ocean Dr 3B, Hollywood, FL 33019

Beds
2
Baths
2
Living area
1,346 sq ft
$ / sq ft
$390/sq ft
Year built
2006
Lot size
—
HOA fee
$1,503
Annual tax
—

About this property

SELLER FINANCING AVAILABLE!!!!!!!!, BUYER ABLE TO OPT INTO CURRENT SUCCESSFUL SHORT TERM PROGRAM. OVERSIZED 2-BEDROOM, 2- BATHROOM, SHORT-TERM RENTALS ALLOWED!!!!!.FANTASTIC OPPORTUNITY TO OWN A SPACIOUS 2 BED./2 BATH CONDO DIRECTLY ON BEAUTIFUL HOLLYWOOD BEACH,FLORIDA. THIS OVERSIZED UNIT IS ONE OF THE LARGEST 2/2 LAYOUTS IN THE BUILDING AND IS IDEAL FOR INCOME PRODUCTION OR PERSONAL USE AS OFTEN AS YOU WISH.THE UNIT FEATURES LAMINATE FLOORING AND IS CURRENTLY ENROLLED IN THE RENTAL PROGRAM, WITH ACTIVE AND UPCOMING RESERVATIONS ALREADY IN PLACE. THE NEW OWNER MAY CHOOSE TO CONTINUE WITH THE PROGRAM FOR IMMEDIATE INCOME OR CANCEL AT THEIR DISCRETION. THE BUILDING OFFERS EXCELLENT AMENITIES, INCLUDING A LARGE GYM, RESORT-STYLE POOL,VALET PARKING, AND 24-HOUR SECUTITY/SURVEILLANCE. PRIME LOCATION JUST STEPS FROM DINING AND ENTERTAINMENT, WALKING DISTANCE TO THE FAMOUS HOLLYWOOD BROADWALK, MINUTES FROM AVENTUTA MALL, AND CLOSE TO MAJOR HIGHWAYS. EXCEPTIONAL INCOME-PRODUCING POTENTIAL IN A HIGHLY DESIRABLE BEACHFRONT LOCATION. REALTORS PLEASE READ INPUT BROKER REMARKS!!!!!.

Property location

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4001 S Ocean Dr 3B, Hollywood, FL 33019

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Facts & features

Interior

Bedrooms
2
Bathrooms
2
Living area
1,346 sq ft

Exterior & Structure

Property type
Condominium
Year built
2006

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$1,503
County
Broward
MLS listing ID
A11940056
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

-$1,649

Cap rate
1.9%
Net yield
1.9%
Cash-on-cash return
-13.5%
Gross yield
8.8%
Mortgage payment
$2,488/mo
Down payment
$131,225
Loan amount
$393,675
Annual NOI
$10,070

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