1401 S Ocean Drive Ph4, Hollywood, FL 33019 — MLS photo

Active · Condominium

$439,000

1401 S Ocean Drive Ph4, Hollywood, FL 33019

Beds: 2
Baths: 2
Living area: 1,460 sq ft
$ / sq ft: $301/sq ft
Year built: 1970
Lot size: —
HOA fee: $1,223 Monthly
Annual tax: $2,340

About this property

Situated between the ocean and intracoastal, this corner 2/2 penthouse has TWO private balconies---one facing the ocean ..coffee in the morning and cocktails in the evening!!! You will love the chef's kitchen and gorgeous stunning bathrooms. Unit has beautiful tile and impeccable Brazilian wood! Washer and ventless dryer inside. Impact windows and doors . Fitness room and lovely pool! Steps to the ocean and short stroll to the ever famous iconic Broadwalk. ELSS and SIRS studies are completed!

Property location

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1401 S Ocean Drive Ph4, Hollywood, FL 33019

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Facts & features

Interior

Bedrooms: 2
Bathrooms: 2
Living area: 1,460 sq ft
Flooring: Tile
Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer
Cooling: Central Air, Electric
Heating: Central, Electric
Interior features: Other, Walk In Closets

Exterior & Structure

Property type: Condominium
Year built: 1970
Stories: 10
Lot size: 0 sq ft
Architectural style: One Story
Roof: Other
Construction: Block, Other
Pool: Pool, Heated
View: Intercoastal, Ocean

Parking

Covered spaces: 0
Parking features: Assigned

HOA, Community & Financials

Association fee: $1,223 Monthly
Fee inclusions: Insurance, Sewer, Trash, Water
Amenities: Clubhouse, Controlled Access, Fitness Center, Pool, Elevators
Security: Intercom, Key Card Entry, Phone Entry
Pets allowed: No
Annual tax: $2,340
Subdivision: STRATFORD TOWERS CONDO
County: Broward
Days on market: 146
MLS listing ID: B26024100
Listing status: Active

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Estimated monthly cash flow

-$304

Cap rate: 4.9%
Net yield: 4.9%
Cash-on-cash return: -3.0%
Gross yield: 10.5%
Mortgage payment: $2,081/mo
Down payment: $109,750
Loan amount: $329,250
Annual NOI: $21,329

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