581 Blue Heron Dr 315-B, Hallandale Beach, FL 33009 — MLS photo

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581 Blue Heron Dr 315-B, Hallandale Beach, FL 33009

Active · Condominium

$194,000

581 Blue Heron Dr 315-B, Hallandale Beach, FL 33009

Beds
2
Baths
2
Living area
1,200 sq ft
$ / sq ft
$162/sq ft
Year built
1979
Lot size
—
HOA fee
$630
Annual tax
—

About this property

Welcome to Paradise Villas, a hidden gem in the heart of vibrant Hallandale Beach, Florida. Where relaxed coastal living meets the excitement and convenience of South Florida’s most desirable destinations. Nestled within a charming 55+ community, this spacious 2-bedroom, 2-bathroom condominium offers approximately 1,200 square feet of comfortable living space designed perfectly for retirees or future retirees seeking sunshine, serenity, and an active lifestyle. From the moment you enter, you are welcomed by an airy and inviting layout filled with natural light and generous accommodations ideal for entertaining visiting family and friends or simply enjoying peaceful everyday living. The spacious screened-in patio becomes your own private retreat, overlooking the beautifully maintained courtyard and sparkling community pool, the perfect setting for morning coffee, afternoon reading, or enjoying warm Florida evenings year-round.

Property location

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581 Blue Heron Dr 315-B, Hallandale Beach, FL 33009

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Facts & features

Interior

Bedrooms
2
Bathrooms
2
Living area
1,200 sq ft

Exterior & Structure

Property type
Condominium
Year built
1979

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$630
County
Broward
MLS listing ID
A12022407
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

$455

Cap rate
8.5%
Net yield
8.5%
Cash-on-cash return
10.0%
Gross yield
16.7%
Mortgage payment
$920/mo
Down payment
$48,500
Loan amount
$145,500
Annual NOI
$16,491

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