1850 Monroe St 409, Hollywood, FL 33020 — MLS photo

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1850 Monroe St 409, Hollywood, FL 33020

Active · Condominium

$705,000

1850 Monroe St 409, Hollywood, FL 33020

Beds
2
Baths
2
Living area
— sq ft
$ / sq ft
—
Year built
2025
Lot size
—
HOA fee
$1,143 Monthly
Annual tax
$729

About this property

If you want to enjoy Miami without the burden of high expenses, this is your opportunity. Own a brand-new 2025condo that works for you—when you’re not using it, it can be rented out SHORT TERM to cover expenses and even generate profit. Start earning income from day one, and whenever you want to enjoy it yourself, simply block the rental and make it your personal getaway. Located just 5 minutes from the beach and only 5 miles from Fort Lauderdale Airport, this property offers convenience comfort and strong investment potential. Low HOA fees and available now

Property location

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1850 Monroe St 409, Hollywood, FL 33020

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Facts & features

Interior

Bedrooms
2
Bathrooms
2
Appliances
Dryer, Dishwasher, Electric Water Heater, Disposal, Microwave, Refrigerator, Washer
Cooling
Central Air
Heating
Central
Interior features
Bedroom On Main Level, Elevator, First Floor Entry, Shower Only

Exterior & Structure

Property type
Condominium
Year built
2025
Stories
5
Architectural style
Other
Construction
Block
Exterior features
Balcony, Security High Impact Doors
Pool
Association
View
None

Parking

Garage spaces
1
Covered spaces
1
Parking features
Attached, Garage, One Space, Garage Door Opener

HOA, Community & Financials

Association fee
$1,143 Monthly
Fee inclusions
Amenities, Common Areas, Cable Tv, Internet, Roof, Water
Amenities
Fitness Center, Pool, Elevators
Security
Closed Circuit Cameras, Complex Fenced, Fire Alarm, Secured Garage Parking, Key Card Entry, Lobby Secured
Pets allowed
Conditional, Yes
Annual tax
$729
Subdivision
Residence On Monroe
County
Broward
Days on market
0
MLS listing ID
A11999436
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

-$1,467

Cap rate
3.2%
Net yield
3.2%
Cash-on-cash return
-8.9%
Gross yield
6.6%
Mortgage payment
$3,342/mo
Down payment
$176,250
Loan amount
$528,750
Annual NOI
$22,502

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