3001 S Ocean Dr 703, Hollywood, FL 33019 — MLS photo

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3001 S Ocean Dr 703, Hollywood, FL 33019

Active · Condominium

$398,000

3001 S Ocean Dr 703, Hollywood, FL 33019

Beds
1
Baths
1
Living area
883 sq ft
$ / sq ft
$451/sq ft
Year built
1966
Lot size
—
HOA fee
$1,077
Annual tax
—

About this property

Beachfront Resort style building. Amazing Ocean view from apartment windows. Freshly painted Apartment with lots of Day Light. Tile floor. Walking Closet. Appliances in Good Condition. Hurricane Proof windows. Central A/C. Pool area with Cabanas + jacuzzi surrounded by palm trees. Lounge chairs and Tiki bar on a white beach sand with BBQ Grills. Professional Fitness center and Sauna. Construction works for the building recently completed. Assessment paid in full. Rent allowed up to 2 times a year with a 6 months minimum requirement. Publix ( Grocery store across the road 2 minutes walk) Apartment is rented for $2,300 per month. Need 24 hours before showing apartment. Please call or text listing agent.

Property location

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3001 S Ocean Dr 703, Hollywood, FL 33019

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Facts & features

Interior

Bedrooms
1
Bathrooms
1
Living area
883 sq ft

Exterior & Structure

Property type
Condominium
Year built
1966

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$1,077
County
Broward
MLS listing ID
A12015710
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

-$1,410

Cap rate
1.4%
Net yield
1.4%
Cash-on-cash return
-15.2%
Gross yield
8.1%
Mortgage payment
$1,887/mo
Down payment
$99,500
Loan amount
$298,500
Annual NOI
$5,715

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