3535 S Ocean Drive 402, Hollywood, FL 33019 — MLS photo

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3535 S Ocean Drive 402, Hollywood, FL 33019

Active · Condominium

$3,000,000

3535 S Ocean Drive 402, Hollywood, FL 33019

Beds
3
Baths
4
Living area
2,777 sq ft
$ / sq ft
$1,080/sq ft
Year built
2006
Lot size
—
HOA fee
$11,814
Annual tax
—

About this property

Residence 402 at the Diplomat Residences an offering that truly stands alone along the Hollywood coastline. This is not just a luxury condo, but a rare opportunity to own a residence that delivers the full lifestyle of a 5-star resort combined w/ the privacy of home. The Hotel has recently undergone a multi-million-dollar renovation, further elevating the experience & enhancing the value of ownership. Residents enjoy exclusive access to hotel-level amenities... room service, resort-style pools, private cabanas, a full-service spa, & multiple on-site restaurants creating a seamless lifestyle that few properties in S. Florida can offer. This is more than a luxury residence; it's a lifestyle reserved for those who expect the experience of a 5 star resort in the comfort of their own home. What makes this truly incomparable is its extraordinary nearly 3,000 sq ft private oceanfront terrace, one of the largest of its kind, complete with a private staircase leading directly to the sand. Designed for those who love to entertain, this expansive outdoor space becomes an extension of the home, perfect for hosting gatherings, enjoying sunrise views, or creating your own private beachfront retreat.

Property location

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3535 S Ocean Drive 402, Hollywood, FL 33019

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Facts & features

Interior

Bedrooms
3
Bathrooms
4
Living area
2,777 sq ft

Exterior & Structure

Property type
Condominium
Year built
2006
Lot size
0 sq ft

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$11,814
County
Broward
MLS listing ID
B26007493
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

-$20,611

Cap rate
-2.6%
Net yield
-2.6%
Cash-on-cash return
-29.4%
Gross yield
5.3%
Mortgage payment
$14,222/mo
Down payment
$750,000
Loan amount
$2,250,000
Annual NOI
-$76,679

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