1600 S Ocean Dr PHD, Hollywood, FL 33019 — MLS photo

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1600 S Ocean Dr PHD, Hollywood, FL 33019

Active · Condominium

$245,000

1600 S Ocean Dr PHD, Hollywood, FL 33019

Beds
1
Baths
1
Living area
832 sq ft
$ / sq ft
$294/sq ft
Year built
1971
Lot size
—
HOA fee
$934 Monthly
Annual tax
$7,402

About this property

Penthouse opportunity just one block from the beach! This 1-bedroom, 1-bath residence offers sweeping Intracoastal and city skyline views from its private balcony and expansive windows. Featuring tile flooring throughout, an open living area and kitchen with pass-through, the unit is ready for renovation and your personal vision. Enjoy a prime Hollywood Beach location near the Hollywood Beach Broadwalk, beachfront restaurants, shops and live entertainment, plus Margaritaville Beach Resort Hollywood Beach. Gulfstream Park, Downtown Hollywood and Aventura Mall are also just a short drive away. An opportunity to create your own South Florida retreat with impressive views and the beach practically at your doorstep. As-Is without any guarantee or warranty by seller. Ask your agent for details on FHA insurability options (IE). Call and make your appointment today!

Interior & exterior features

Appliances

  • Electric Range
  • Refrigerator

Cooling

  • Central Air

Heating

  • Central

Views

  • Intercoastal
  • Skyline
  • Water

Waterfront

  • Intracoastal Access

Parking

  • One Space

Interior features

  • Bedroom On Main Level
  • Elevator
  • High Ceilings
  • Custom Mirrors
  • Shower Only
  • Walk In Closets

Exterior features

  • Balcony
  • Security High Impact Doors

Pool

  • Association

Flooring

  • Tile

construction

  • CBSConcrete Block Structure
  • Block

security

  • Door Man
  • Elevator Secured
  • Key Card Entry

association_amenities

  • Clubhouse
  • Library
  • Pool
  • Trash
  • Elevators

association_fee_includes

  • Association Management
  • Amenities
  • Common Areas
  • Insurance
  • Maintenance Grounds
  • Maintenance Structure
  • Parking
  • Pools
  • Roof
  • Sewer
  • Security
  • Trash
  • Water

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

-$901

Cap rate
1.3%
Net yield
1.3%
Cash-on-cash return
-15.8%
Gross yield
10.6%
Mortgage payment
$1,161/mo
Down payment
$61,250
Loan amount
$183,750
Annual NOI
$3,122

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