3101 S Ocean Dr 2208, Hollywood, FL 33019 — MLS photo

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3101 S Ocean Dr 2208, Hollywood, FL 33019

Active · Condominium

$3,250,000

3101 S Ocean Dr 2208, Hollywood, FL 33019

Beds
3
Baths
4
Living area
3,091 sq ft
$ / sq ft
$1,051/sq ft
Year built
2005
Lot size
—
HOA fee
$3,242 Monthly
Annual tax
$59,478

About this property

Experience elevated oceanfront living in this fully customized east-facing residence at Ocean Palms, offering over 3,000 SF of luxurious living space and breathtaking direct Atlantic Ocean views. Designed for both comfort and entertaining, the home features a drop-down projection screen, touchscreen entertainment system, bespoke Downsview cabinetry, premium Miele appliances, crystal light fixtures and designer furnishings by Bernhardt, HSTUDIO and Nathan Anthony. The spacious floor plan is complemented by oversized terraces, spa-inspired baths, custom finishes throughout and an Electrolux washer and dryer. Residents enjoy world-class amenities including direct beach access, oceanfront pool deck, fitness center and spa, tennis court, media room, concierge, valet parking and 24-hour security. A rare opportunity to own an exceptional turnkey oceanfront residence in one of Hollywood Beach’s premier luxury towers.

Property location

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3101 S Ocean Dr 2208, Hollywood, FL 33019

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Facts & features

Interior

Bedrooms
3
Bathrooms
4
Living area
3,091 sq ft
Flooring
Marble
Appliances
Built In Oven, Dryer, Dishwasher, Electric Range, Disposal, Microwave, Refrigerator, Washer
Cooling
Central Air
Heating
Central
Interior features
Bedroom On Main Level, Dual Sinks, Elevator, First Floor Entry, Jetted Tub, Living Dining Room, Separate Shower, Bar, Walk In Closets
Furnished
Furnished

Exterior & Structure

Property type
Condominium
Year built
2005
Stories
40
Architectural style
High Rise
Construction
CBSConcrete Block Structure, Block
Exterior features
Balcony, Security High Impact Doors
Pool
Association, Heated
Waterfront
Ocean Front
View
Intercoastal, Ocean, Pool

Parking

Garage spaces
2
Covered spaces
2
Parking features
Covered

HOA, Community & Financials

Association fee
$3,242 Monthly
Fee inclusions
Amenities, Common Areas, Cable Tv, Internet, Sewer, Trash, Water
Amenities
Billiard Room, Clubhouse, Elevators, Fitness Center, Barbecue, Picnic Area, Pool, Spa Hot Tub, Tennis Courts
Security
Elevator Secured, Secured Garage Parking, Lobby Secured, Security Guard
Pets allowed
Conditional, Yes
Annual tax
$59,478
Subdivision
OCEAN PALMS CONDO
County
Broward
Days on market
4
MLS listing ID
A12029171
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

-$12,450

Cap rate
1.1%
Net yield
1.1%
Cash-on-cash return
-16.4%
Gross yield
5.4%
Mortgage payment
$15,407/mo
Down payment
$812,500
Loan amount
$2,437,500
Annual NOI
$35,479

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