2602 E Hallandale Beach Blvd R806, Hallandale Beach, FL 33009 — MLS photo

Active · Condominium

$394,900

2602 E Hallandale Beach Blvd R806, Hallandale Beach, FL 33009

Beds: 2
Baths: 2
Living area: 1,030 sq ft
$ / sq ft: $383/sq ft
Year built: 2015
Lot size: —
HOA fee: $1,315 Monthly
Annual tax: $6,393

About this property

AMAZING OPPORTUNITY TO OWN A 2 BEDS 2 BATH NORTH EXPOSURE UNIT AT BEACHWALK RESORT, WITH GREAT INTRACOASTAL VIEWS! UNIT CAN BE SPLIT INTO 2 INDEPENDENT APARTMENTS: A 1 BEDROOM APARTMENT PLUS A STUDIO, OFFERING GREAT FLEXIBILITY FOR OWNERS. SHORT-TERM RENTALS ALLOWED WITH NO MINIMUM STAY REQUIREMENTS — IDEAL FOR INVESTORS LOOKING FOR STRONG INCOME POTENTIAL IN A FULL-SERVICE RESORT BUILDING. ENJOY RESORT-STYLE LIVING WITH BEACH SERVICE AND FREE SHUTTLE TO THE BEACH, OWNER EXCLUSIVE ROOFTOP POOL, INFINITY WATERFRONT POOL, RESTAURANT, STATE OF THE ART FITNESS CENTER, AND MUCH, MUCH MORE!! HOA FEES INCLUDE: ELECTRIC POWER, HOT WATER, COLD WATER, CABLE TV, INTERNET AND PHONE… ALL UTILITIES ARE INCLUDED.

Property location

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2602 E Hallandale Beach Blvd R806, Hallandale Beach, FL 33009

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Facts & features

Interior

Bedrooms: 2
Bathrooms: 2
Living area: 1,030 sq ft
Flooring: Hardwood, Other, Wood
Appliances: Dryer, Dishwasher, Refrigerator, Washer
Cooling: Central Air, Electric
Heating: Central, Electric
Interior features: Built In Features, Bathtub, Living Dining Room, Sitting Area In Primary, Tub Shower, Elevator, Bar
Furnished: Furnished

Exterior & Structure

Property type: Condominium
Year built: 2015
Stories: 34
Architectural style: High Rise
Construction: CBSConcrete Block Structure, Block
Exterior features: Balcony, Security High Impact Doors
Pool: Association
Waterfront: Bayfront, Canal Front, No Fixed Bridges, Ocean Access
View: Bay, Intercoastal

Parking

Garage spaces: 1
Covered spaces: 1
Parking features: Valet

HOA, Community & Financials

Association fee: $1,315 Monthly
Fee inclusions: Amenities, Common Areas, Cable Tv, Electricity, Hot Water, Internet, Maintenance Grounds
Amenities: Boat Dock, Fitness Center, Pool, Trails, Elevators
Security: Door Man, Elevator Secured, Key Card Entry
Pets allowed: Conditional, Yes
Annual tax: $6,393
Subdivision: BEACHWALK CONDOMINIUM
County: Broward
Days on market: 0
MLS listing ID: A12014073
Listing status: Active

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Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.

Down payment (%)

Interest rate (%)

Loan term (yrs)

Monthly rent ($)

Monthly HOA ($)

Property taxes ($/yr)

Home insurance ($/yr)

Vacancy (%)

Estimated monthly cash flow

-$1,304

Cap rate: 1.7%
Net yield: 1.7%
Cash-on-cash return: -14.2%
Gross yield: 8.9%
Mortgage payment: $1,872/mo
Down payment: $98,725
Loan amount: $296,175
Annual NOI: $6,815

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