2602 E Hallandale Beach Blvd R2405, Hallandale Beach, FL 33009 — MLS photo

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2602 E Hallandale Beach Blvd R2405, Hallandale Beach, FL 33009

Active · Condominium

$550,000

2602 E Hallandale Beach Blvd R2405, Hallandale Beach, FL 33009

Beds
2
Baths
2
Living area
1,020 sq ft
$ / sq ft
$539/sq ft
Year built
2015
Lot size
—
HOA fee
$1,100
Annual tax
—

About this property

Great investment opportunity or 2nd home!! Fully furnished 2 bedroom/2 bath with AMAZING water and skyline views. Unit is unique in that it can be 2/2 or it can be a 1/1 and studio at the same time. One side offers a one-bedroom residence with a full living and dining area, plus washer and dryer while the second functions as a private studio with its own entrance and bathroom. Unit flexibility provides more capacity to get many rentals booked. Daily rentals allowed. Beachwalk Condo-Hotel offers an amazing location in the heart of Hallandale Beach, just minutes from the beach, Aventura Mall, Gulfstream Park, restaurants, shops, and major highways, with convenient access to both Miami and Fort Lauderdale airports. Full service building that offers 24-hour valet and concierge, a resort-style pool with sun deck, fitness center, on-site restaurant, and complimentary beach shuttle service.

Property location

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2602 E Hallandale Beach Blvd R2405, Hallandale Beach, FL 33009

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Facts & features

Interior

Bedrooms
2
Bathrooms
2
Living area
1,020 sq ft

Exterior & Structure

Property type
Condominium
Year built
2015

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$1,100
County
Broward
MLS listing ID
A11985681
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

-$1,885

Cap rate
1.6%
Net yield
1.6%
Cash-on-cash return
-14.7%
Gross yield
7.3%
Mortgage payment
$2,607/mo
Down payment
$137,500
Loan amount
$412,500
Annual NOI
$8,669

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