450 S Park Rd, #5-307, Hollywood, FL, 33021
3 beds
2 Full baths
1996
Garden Apartment
1,084 sqft
Welcome to this beautifully maintained 3-bedroom, 2-bath condo perfectly located in the heart of South Florida! This spacious unit offers an excellent opportunity for both homeowners and investors. Priced at $245,000, this condo provides strong rental potential with market rents reaching $2,700/month and similar units selling as-is for $299,000, giving buyers built-in equity from day one. The property features a functional layout, ample natural light, and a well-kept interior ready for immediate occupancy or rental use. The building is professionally managed with a monthly HOA of $692.74, providing essential amenities and maintaining the community in superb condition. For investors, this condo offers: • 6.36% cash-on-cash return (all-cash purchase) • 6.47% cap rate • $54,000 equity spread at resale value immediately at purchase Conveniently located near major highways, top schools, shopping, dining, and just minutes from beaches and Miami’s urban core, this condo offers unbeatable accessibility. Unit is currently vacant. HOA includes water,interent,cable, and common areas.
Status:
Pending
Type:
Condo
Furnished Remarks:
Unfurnished
Laundry Remarks:
Washer Hookup,Dryer Hookup
Complex:
PINEHURST CLUB CONDO
Garage:
Guest, One Space
Heating:
Central
Cooling:
Central Air
Levels:
3
Common Charge:
$692 Monthly
Est. Taxes:
$6,706
HOA Fee
$692
Construction
Block
Utilities
Cable Available
View Description:
None
Amenities:
Fitness Center, Pool, Tennis Court(s)
Elementary School:
Orange Brook
Middle School:
Olsen
High School:
South Broward
Days on Market:
8
Pet Allowed:
Yes
Pet Policy:
Conditional, Yes
Appliances:
Dishwasher, Disposal, Refrigerator
Pool:
Association
MLS #:
A11923629
Community Info
School Info
Walk Score
Yelp
Listing courtesy of JULIES REALTY, LLC 305-751-6400