2602 E Hallandale Beach Blvd R2805, Hallandale Beach, FL 33009 — MLS photo

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2602 E Hallandale Beach Blvd R2805, Hallandale Beach, FL 33009

Active · Condominium

$410,000

2602 E Hallandale Beach Blvd R2805, Hallandale Beach, FL 33009

Beds
2
Baths
2
Living area
1,020 sq ft
$ / sq ft
$402/sq ft
Year built
2015
Lot size
—
HOA fee
$1,176
Annual tax
—

About this property

Double opportunity: personal enjoyment & income-producing property in Miami! This fully furnished 2 bed / 2 bath condo-hotel features a unique floor plan with two separate entrances, allowing the unit to be split into two: a spacious 1 bed / 1 bath with full kitchen, washer & dryer, and living-dining area; plus a private 1 bed / 1 bath studio. The primary bathroom has been remodeled, and the apartment features porcelain tile flooring throughout. Both units offer built-in closets, private balconies, and the flexibility to be rented together or separately, either independently or through the hotel program on a daily basis. Amenities include an Intracoastal pool, fully equipped fitness center, exclusive rooftop deck with private pool and stunning water and city views, beach service (including transportation, umbrella, and chairs), 24/7 security, valet, and concierge.

Property location

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2602 E Hallandale Beach Blvd R2805, 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
$1,176
County
Broward
MLS listing ID
A11993161
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

-$1,340

Cap rate
1.8%
Net yield
1.8%
Cash-on-cash return
-14.0%
Gross yield
8.7%
Mortgage payment
$1,944/mo
Down payment
$102,500
Loan amount
$307,500
Annual NOI
$7,239

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