1201 S Ocean Dr 604N, Hollywood, FL 33019 — MLS photo

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1201 S Ocean Dr 604N, Hollywood, FL 33019

Active · Condominium

$440,000

1201 S Ocean Dr 604N, Hollywood, FL 33019

Beds
2
Baths
2
Living area
1,570 sq ft
$ / sq ft
$280/sq ft
Year built
1982
Lot size
—
HOA fee
$4,875
Annual tax
—

About this property

OWNER SAYS SELL! BRING ALL OFFERS FOR AN EXCEPTIONAL OPPORTUNITY IN THE SUMMIT, THIS SPACIOUS 6TH FLOOR RESIDENCE IS MOVE-IN READY AND BEAUTIFULLY MAINTAINED. FEATURES INCLUDE A RENOVATED KITCHEN, UPDATED BATHS, TILE FLOORS THROUGHOUT, AND DINING AREA WITH CUSTOM BUILT-IN BUFFET AND GRANITE COUNTERTOP. OFFERED FURNISHED WITH FULLY STOCKED KITCHEN HOUSEWARES AND CHINA FOR IMMEDIATE ENJOYMENT. FLEXIBLE 3 BEDROOM LAYOUT INCLUDES A BUILT-IN MURPHY BED, IDEAL FOR GUESTS OR OFFICE SPACE. IMPACT WINDOWS AND DOORS, HURRICANE SHUTTERS, AND NUMEROUS UPGRADES ADD VALUE AND PEACE OF MIND. ENJOY RESORT-STYLE LIVING WITH 9 ACRES OF LANDSCAPED GROUNDS, 24-HOUR SECURITY, 2 HEATED POOLS, RESTAURANT, TENNIS, PICKLEBALL, BASKETBALL, BOCCE, SHUFFLEBOARD, AND PUTTING GREEN. MINUTES TO FLL, AVENTURA MALL , AND WALKING DISTANCE TO SYNAGOGUE AND THE HOLLYWOOD BEACH BROADWALK. MOTIVATED SELLER.

Property location

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1201 S Ocean Dr 604N, Hollywood, FL 33019

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Facts & features

Interior

Bedrooms
2
Bathrooms
2
Living area
1,570 sq ft

Exterior & Structure

Property type
Condominium
Year built
1982

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$4,875
County
Broward
MLS listing ID
A12001597
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

-$4,282

Cap rate
-6.0%
Net yield
-6.0%
Cash-on-cash return
-41.7%
Gross yield
11.0%
Mortgage payment
$2,086/mo
Down payment
$110,000
Loan amount
$330,000
Annual NOI
-$26,351

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