401 Golden Isles Drive 602, Hallandale Beach, FL 33009 — MLS photo

Active · Condominium

$209,900

401 Golden Isles Drive 602, Hallandale Beach, FL 33009

Beds: 2
Baths: 2
Living area: 925 sq ft
$ / sq ft: $227/sq ft
Year built: 1970
Lot size: —
HOA fee: $1,217 Monthly
Annual tax: $1,075

About this property

Flash Sale! this Weekend only October 16th,17th, 18th! 208,000 cash! Investor's Dream! This unit can be Leased 12 times a year with a 30-day Minimum. This 2/2 condo residence offers 925 square feet of living space on the 6th Floor. Nice open floor plan. New Paint. Location near Aventura Mall, Gulfstream Racetrack, Beaches, Airports & Entertainment Centers. Community pool, Laundry & Fitness Center. Pets Ok. Roof 16yrs old. Move in Ready.

Property location

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401 Golden Isles Drive 602, Hallandale Beach, FL 33009

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Facts & features

Interior

Bedrooms: 2
Bathrooms: 2
Living area: 925 sq ft
Flooring: Carpet, Ceramic Tile
Appliances: Dishwasher, Electric Range, Microwave, Refrigerator
Cooling: Central Air
Heating: Central
Interior features: Living Dining Room, Tub Shower
Furnished: Unfurnished

Exterior & Structure

Property type: Condominium
Year built: 1970
Stories: 11
Lot size: 0 sq ft
Roof: Flat, Tile
Construction: CBSConcrete Block Structure, Block
Pool: None, Association, Community

Parking

Covered spaces: 0
Parking features: One Space

HOA, Community & Financials

Association fee: $1,217 Monthly
Fee inclusions: Association Management, Common Area Maintenance, Cable Tv, Pools, Trash, Water
Amenities: Fitness Center, Management, Pool, Sauna, Elevators
Pets allowed: No
Annual tax: $1,075
Subdivision: OCEAN VIEW TOWERS CONDO
County: Broward
Days on market: 137
MLS listing ID: B26038093
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 ($)

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Home insurance ($/yr)

Vacancy (%)

Estimated monthly cash flow

-$406

Cap rate: 3.4%
Net yield: 3.4%
Cash-on-cash return: -8.3%
Gross yield: 12.8%
Mortgage payment: $995/mo
Down payment: $52,475
Loan amount: $157,425
Annual NOI: $7,066

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