3199 S Ocean Dr 406, Hallandale Beach, FL 33009 — MLS photo

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3199 S Ocean Dr 406, Hallandale Beach, FL 33009

Active · Condominium

$249,000

3199 S Ocean Dr 406, Hallandale Beach, FL 33009

Beds
1
Baths
2
Living area
850 sq ft
$ / sq ft
$293/sq ft
Year built
1968
Lot size
—
HOA fee
$477
Annual tax
—

About this property

Beachside condo just steps from the ocean. Low maintenance fees ($477) + $141 (every 3 month towards reserve) Hurricane-impact windows and sliding balcony doors. Fully updated and move-in ready. Features a renovated kitchen with white cabinets, stainless steel appliances and marble counter top Spacious layout with large primary bedroom, walk-in closet, 1.5 bathrooms, and private balcony with garden views. Bright unit with travertine floor throughout main area and bamboo wooden floors in the bedroom. Well managed building with no current assessments and completed 40 and 50 year inspections. Building has reserves!!! Amenities include pool, gym, BBQ area, and laundry facilities, private storage. Prime location across from the beach near Aventura Mall, Gulfstream Park, Casinos, Fort Lauderdale Airport, and shopping. No Lease first 3 years of ownership. After that yearly rental. No Pets. 1 assigned parking space

Property location

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3199 S Ocean Dr 406, Hallandale Beach, FL 33009

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Facts & features

Interior

Bedrooms
1
Bathrooms
2
Living area
850 sq ft

Exterior & Structure

Property type
Condominium
Year built
1968

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$477
County
Broward
MLS listing ID
A11996982
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

-$203

Cap rate
4.7%
Net yield
4.7%
Cash-on-cash return
-3.5%
Gross yield
10.7%
Mortgage payment
$1,180/mo
Down payment
$62,250
Loan amount
$186,750
Annual NOI
$11,724

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