3505 S Ocean Dr 201, Hollywood, FL 33019 — MLS photo

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3505 S Ocean Dr 201, Hollywood, FL 33019

Active · Condominium

$529,000

3505 S Ocean Dr 201, Hollywood, FL 33019

Beds
2
Baths
2
Living area
1,360 sq ft
$ / sq ft
$389/sq ft
Year built
1968
Lot size
—
HOA fee
—
Annual tax
—

About this property

OCEANFRONT BUILDING 2 BEDROOM 2 BATH 1360 SQFT UNFURNISHED 2ND FOOR WITH INTRACOASTAL VIEWS. NEW IMPACT WINDOWS AND SLIDING DOORS WITH NEW GLASS BALCONY. 30 DAY RENTALS AND PETS OK. *SPECIAL ASSESSMENT OF $644 PER MONTH FOR 13 YRS TO BE CONTINUED BY BUYER. -FIRE SPRINKLER INSTALLATION PROJECT IN FUTURE* ACROSS THE STREET FROM PUBLIX. NEAR SHOPS, RESTAURANTS AND AIRPORT.

Property location

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3505 S Ocean Dr 201, Hollywood, FL 33019

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Facts & features

Interior

Bedrooms
2
Bathrooms
2
Living area
1,360 sq ft

Exterior & Structure

Property type
Condominium
Year built
1968

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$0
County
Broward
MLS listing ID
A11994101
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

-$141

Cap rate
5.4%
Net yield
5.4%
Cash-on-cash return
-1.1%
Gross yield
8.9%
Mortgage payment
$2,508/mo
Down payment
$132,250
Loan amount
$396,750
Annual NOI
$28,398

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