Cays Realty
1150 Hillsboro Mile 508, Hillsboro Beach, FL 33062 — MLS photo

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1150 Hillsboro Mile 508, Hillsboro Beach, FL 33062

Active · Condominium

$525,000

1150 Hillsboro Mile 508, Hillsboro Beach, FL 33062

Beds
2
Baths
2
Living area
1,330 sq ft
$ / sq ft
$395/sq ft
Year built
1974
Lot size
—
HOA fee
$1,043 Monthly
Annual tax
$7,846

About this property

Beautifully remodeled 2BR/2BA in highly desirable Opal Towers West. Enjoy ocean views from your private balcony plus full storm protection with impact windows and accordion shutters. Interior features a brand-new kitchen with black stainless steel appliances, large-format porcelain tile throughout, designer bathrooms, and LED lighting. Opal Towers West offers resort-style amenities including deeded private beach access, guard-secured lobby, heated Intracoastal-front pool, fitness center, billiards, putting green, BBQ area, business center, and clubhouse with kitchen.

Property location

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1150 Hillsboro Mile 508, Hillsboro Beach, FL 33062

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Facts & features

Interior

Bedrooms
2
Bathrooms
2
Living area
1,330 sq ft
Flooring
Tile
Appliances
Some Gas Appliances, Built In Oven, Dishwasher, Electric Range, Electric Water Heater, Gas Range, Microwave, Refrigerator, Self Cleaning Oven
Cooling
Central Air, Electric
Heating
Central, Electric
Interior features
Breakfast Area, Dual Sinks, Living Dining Room, Main Living Area Entry Level, Other
Furnished
Unfurnished

Exterior & Structure

Property type
Condominium
Year built
1974
Stories
10
Lot size
0 sq ft
Architectural style
One Story
Roof
Other
Construction
CBSConcrete Block Structure, Block
Exterior features
Balcony, Storm Security Shutters
Pool
None, Association, Community
Waterfront
Intracoastal Access, Ocean Access
View
Ocean

Parking

Covered spaces
0
Parking features
Assigned, Covered, Detached, Garage

HOA, Community & Financials

Association fee
$1,043 Monthly
Fee inclusions
Common Area Maintenance, Insurance, Legal Accounting, Pools, Recreation Facilities, Sewer, Trash, Water
Association
NA
Association contact
NA
Amenities
Billiard Room, Business Center, Clubhouse, Community Kitchen, Fitness Center, Maintenance, Other, Pool, Putting Greens, Storage, Elevators
Security
Lobby Secured, Security Guard, Security System
Pets allowed
No
Annual tax
$7,846
Subdivision
OPAL TOWERS WEST CONDO
County
Broward
Days on market
206
MLS listing ID
B26008006
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

-$1,038

Cap rate
3.3%
Net yield
3.3%
Cash-on-cash return
-8.5%
Gross yield
8.8%
Mortgage payment
$2,489/mo
Down payment
$131,250
Loan amount
$393,750
Annual NOI
$17,413

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