Cays Realty
3505 S Ocean Dr 218, Hollywood, FL 33019 — MLS photo

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3505 S Ocean Dr 218, Hollywood, FL 33019

Active · Condominium

$393,900

3505 S Ocean Dr 218, Hollywood, FL 33019

Beds
1
Baths
2
Living area
790 sq ft
$ / sq ft
$499/sq ft
Year built
1968
Lot size
—
HOA fee
$920 Monthly
Annual tax
$4,963

About this property

OCEANFRONT INVESTMENT OR YOUR PRIMARY RESIDENCE ~ PERFECT LOCATION ~ RENOVATED ~ WASHER/DRYER ~ LEASE 12x/YR, 30 DAYS MIN. 50 YEAR CERT. COMPLETED Hurricane Windows & Doors, Exterior Concrete, Exterior Painting, New Balconies, Glass Railings All Done! Private Beach Access, Pool & Beach Attendant, Heated Pool & Spa, 24/7 Front Desk Concierge & Valet. New Publix Grocery Across the Street, Close to the Hollywood Beach Broad Walk, Ft. Lauderdale and Miami Beach. Assessment Payments $370.36/mo. 11 Years Left. Monthly Maintenance Includes Reserves: $920.34/mo.

Property location

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3505 S Ocean Dr 218, Hollywood, FL 33019

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Facts & features

Interior

Bedrooms
1
Bathrooms
2
Living area
790 sq ft
Flooring
Ceramic Tile
Appliances
Dishwasher, Electric Range, Electric Water Heater, Disposal, Ice Maker, Microwave, Refrigerator, Self Cleaning Oven, Washer
Cooling
Central Air
Heating
Central
Interior features
Breakfast Bar, Built In Features, Closet Cabinetry, Living Dining Room, Shower Only, Walk In Closets

Exterior & Structure

Property type
Condominium
Year built
1968
Stories
15
Architectural style
High Rise
Construction
Block
Exterior features
Balcony, Security High Impact Doors
Waterfront
Ocean Access, Ocean Front
View
Garden, Ocean, Pool

Parking

Garage spaces
0
Covered spaces
0
Parking features
Open, One Space, Valet

HOA, Community & Financials

Association fee
$920 Monthly
Fee inclusions
Association Management, Amenities, Common Areas, Insurance, Laundry, Legal Accounting, Maintenance Grounds, Maintenance Structure
Amenities
Billiard Room, Bike Storage, Barbecue, Picnic Area, Elevators
Security
Door Man, Key Card Entry, Lobby Secured, Smoke Detectors
Pets allowed
Conditional, Yes
Annual tax
$4,963
Subdivision
ALEXANDER TOWERS CONDO
County
Broward
Days on market
254
MLS listing ID
A11961534
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.

Estimated monthly cash flow

-$1,176

Cap rate
2.1%
Net yield
2.1%
Cash-on-cash return
-12.8%
Gross yield
7.6%
Mortgage payment
$1,867/mo
Down payment
$98,475
Loan amount
$295,425
Annual NOI
$8,294

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