1501 S Ocean Drive 1503, Hollywood, FL 33019 — MLS photo

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1501 S Ocean Drive 1503, Hollywood, FL 33019

Active · Condominium

$689,000

1501 S Ocean Drive 1503, Hollywood, FL 33019

Beds
2
Baths
2
Living area
1,430 sq ft
$ / sq ft
$482/sq ft
Year built
1970
Lot size
—
HOA fee
$2,815
Annual tax
—

About this property

$$ price reduce...Beautifully renovated and fully furnished, this turn-key unit on the 15th floor offers 270 degree views of the ocean and Intracoastal Waterway. This is the premiere line at Oxford Towers. All impact windows, large format tile floors, Stainless LG appliances, granite countertops, electric blinds, tankless water heater, full size washer/dryer, Tommy Bahama furniture..the list goes on. Located on the south end of Hollywood Beach, Oxford Towers is just a short walk or bike ride to all of the excitement of the city's famous Boardwalk, where shopping, dining, live music and entertainment awaits. Amenities include a pool, bicycle storage room, sauna and recreation room. The building currently under 40 re-cert work and process.

Property location

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1501 S Ocean Drive 1503, Hollywood, FL 33019

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Facts & features

Interior

Bedrooms
2
Bathrooms
2
Living area
1,430 sq ft

Exterior & Structure

Property type
Condominium
Year built
1970
Lot size
0 sq ft

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$2,815
County
Broward
MLS listing ID
B26023811
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

-$3,552

Cap rate
-0.5%
Net yield
-0.5%
Cash-on-cash return
-22.1%
Gross yield
7.8%
Mortgage payment
$3,266/mo
Down payment
$172,250
Loan amount
$516,750
Annual NOI
-$3,429

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