Cays Realty
1201 S Ocean Dr 1407S, Hollywood, FL 33019 — MLS photo

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1201 S Ocean Dr 1407S, Hollywood, FL 33019

Active · Condominium

$550,000

1201 S Ocean Dr 1407S, Hollywood, FL 33019

Beds
2
Baths
2
Living area
1,190 sq ft
$ / sq ft
$462/sq ft
Year built
1982
Lot size
—
HOA fee
$5,494 Quarterly
Annual tax
$8,791

About this property

Fully renovated 2-bedroom, 2-bath oceanfront condo with an additional room featuring bunk beds—perfect for extra sleeping space. This spacious and light-filled residence offers direct Ocean and Intracoastal (Bay) views from nearly every room.The home features a brand-new kitchen, updated bathrooms, new flooring, and smooth ceilings with no popcorn, along with the convenience of an in-unit washer and dryer.Enjoy breathtaking views of the Ocean, Intracoastal, pool, and beautifully manicured grounds from this exceptional residence. Located in a highly sought-after oceanfront community, residents enjoy resort-style amenities including two heated swimming pools, an on-site restaurant, two tennis courts, pickleball, fitness centers, and a game room.If you’re looking to experience the best of the Florida oceanfront lifestyle, this stunning condo is a must-see.

Property location

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1201 S Ocean Dr 1407S, Hollywood, FL 33019

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Facts & features

Interior

Bedrooms
2
Bathrooms
2
Living area
1,190 sq ft
Flooring
Ceramic Tile
Appliances
Dryer, Dishwasher, Electric Range, Microwave, Refrigerator, Self Cleaning Oven, Washer
Cooling
Central Air
Heating
None
Interior features
Breakfast Bar, Built In Features, Bedroom On Main Level, Closet Cabinetry, Elevator, Living Dining Room, Split Bedrooms, Walk In Closets

Exterior & Structure

Property type
Condominium
Year built
1982
Stories
25
Architectural style
High Rise
Construction
CBSConcrete Block Structure, Block
Exterior features
Balcony
Pool
Heated
Waterfront
Intracoastal Access, Ocean Front
View
Bay, Ocean

Parking

Garage spaces
1
Covered spaces
1
Parking features
Covered, Guest, One Space

HOA, Community & Financials

Association fee
$5,494 Quarterly
Fee inclusions
Amenities
Amenities
Billiard Room, Bike Storage, Clubhouse, Elevators, Fitness Center, Barbecue, Picnic Area, Pickleball, Pool, Shuffleboard Court, Storage, Tennis Courts, Trash, Vehicle Wash Area
Security
Door Man, Lobby Secured, Security Guard
Pets allowed
No
Annual tax
$8,791
Subdivision
SUMMIT CONDO
County
Broward
Days on market
162
MLS listing ID
A11980954
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

-$2,202

Cap rate
0.9%
Net yield
0.9%
Cash-on-cash return
-17.2%
Gross yield
8.0%
Mortgage payment
$2,607/mo
Down payment
$137,500
Loan amount
$412,500
Annual NOI
$4,861

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