3180 S Ocean Dr 201, Hallandale Beach, FL 33009 — MLS photo

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3180 S Ocean Dr 201, Hallandale Beach, FL 33009

Active · Condominium

$485,000

3180 S Ocean Dr 201, Hallandale Beach, FL 33009

Beds
2
Baths
2
Living area
1,422 sq ft
$ / sq ft
$341/sq ft
Year built
1972
Lot size
—
HOA fee
$2,022
Annual tax
—

About this property

AMAZING Corner Oceanfront residence at Parker Dorado! Enjoy direct Atlantic Ocean views from this oversized, light-filled unit featuring a rare 3rd Bedroom/office/den with ocean views ! Spacious layout with tile floors, Complete impact windows and sliding door and large private balcony newly completed, as part of the building’s full renovation. All building floor hallways remodeled. The building is undergoing a complete modernization, adding long-term value and peace of mind. Ample closet space, and 1 assigned garage parking space. Resort-style amenities with beachfront heated pool, fitness center, sauna, billiards, library & direct beach access with beach service included ! . Prime location near shopping, dining, Gulfstream & major airports. An amazing opportunity that won't last ! Maintenance includes: A/C, Water, Hot Water, Cable, Wi-Fi and beach service ! Will be worth $$$ after renovations are completed. ! Take advantage NOW !!!

Property location

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3180 S Ocean Dr 201, Hallandale Beach, FL 33009

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Facts & features

Interior

Bedrooms
2
Bathrooms
2
Living area
1,422 sq ft

Exterior & Structure

Property type
Condominium
Year built
1972

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$2,022
County
Broward
MLS listing ID
A11975373
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

-$1,868

Cap rate
1.1%
Net yield
1.1%
Cash-on-cash return
-16.5%
Gross yield
9.6%
Mortgage payment
$2,299/mo
Down payment
$121,250
Loan amount
$363,750
Annual NOI
$5,170

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