1800 S Ocean Drive 3908, Hallandale Beach, FL 33009 — MLS photo

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1800 S Ocean Drive 3908, Hallandale Beach, FL 33009

Active · Condominium

$1,050,000

1800 S Ocean Drive 3908, Hallandale Beach, FL 33009

Beds
3
Baths
3
Living area
1,571 sq ft
$ / sq ft
$668/sq ft
Year built
2006
Lot size
—
HOA fee
$1,300
Annual tax
—

About this property

NEWLY REPOSITIONED! Experience high-floor living from Residence 3908 at Beach Club Three in Hallandale Beach. Located on the 39th floor, this spacious 1,571 SF residence offers 2 bedrooms + den/3rd room and 3 full bathrooms, along with impressive, elevated views. The residence is in original condition, offering the perfect opportunity for a buyer to renovate and customize the space to their own taste. Currently leased at $5,400/month through March 2027, providing immediate rental income for an investor, while the tenants may be flexible with an earlier move-out depending on the terms of an accepted offer. A rare opportunity to secure a high-floor residence at Beach Club Three at its newly adjusted price. You’ll also enjoy a poolside café, restaurant, bar service, 24-hour valet, and security. A great opportunity to enjoy the South Florida lifestyle. Schedule your private showing today. Showing time: Monday-Friday 9 am- 7 pm Saturday-Sunday 9 am- 5 pm

Property location

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1800 S Ocean Drive 3908, Hallandale Beach, FL 33009

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Facts & features

Interior

Bedrooms
3
Bathrooms
3
Living area
1,571 sq ft

Exterior & Structure

Property type
Condominium
Year built
2006

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$1,300
County
Broward
MLS listing ID
A11985525
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

-$3,409

Cap rate
1.8%
Net yield
1.8%
Cash-on-cash return
-13.9%
Gross yield
6.5%
Mortgage payment
$4,978/mo
Down payment
$262,500
Loan amount
$787,500
Annual NOI
$18,822

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