1201 S Ocean Drive 704s, Hollywood, FL 33019 — MLS photo

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1201 S Ocean Drive 704s, Hollywood, FL 33019

Active · Condominium

$549,000

1201 S Ocean Drive 704s, Hollywood, FL 33019

Beds
2
Baths
2
Living area
1,590 sq ft
$ / sq ft
$345/sq ft
Year built
1983
Lot size
—
HOA fee
$4,875
Annual tax
—

About this property

This condo has amazing views of the ocean and intracoastal. ***2 PARKING SPACES INCLUDED***clean, new kitchen appliances, granite countertops and shiny marble floors in the living area. The bathrooms have been updated and are beautiful and functional. Come visit this pristine home. The Summit offers 24-hour security, cameras in common areas for your safety. Many other amenities including 4 gyms saunas boccie ball courts, tennis and pickle ball courts. Also, there is bike storage a car wash area 2 swimming pools and a restaurant on the pool deck!! Some furniture included!

Property location

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1201 S Ocean Drive 704s, Hollywood, FL 33019

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Facts & features

Interior

Bedrooms
2
Bathrooms
2
Living area
1,590 sq ft

Exterior & Structure

Property type
Condominium
Year built
1983
Lot size
0 sq ft

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$4,875
County
Broward
MLS listing ID
F10552418
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

-$4,732

Cap rate
-4.7%
Net yield
-4.7%
Cash-on-cash return
-36.9%
Gross yield
9.6%
Mortgage payment
$2,603/mo
Down payment
$137,250
Loan amount
$411,750
Annual NOI
-$25,556

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