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Beautiful oceanfront 1 bedroom, 1 bathroom condo at The Tides on Hollywood Beach with direct ocean views and beach access. This furnished unit is perfect as a vacation home, investment property, or full-time residence. The building allows short-term rentals with no minimum days of lease per prior MLS information, making it attractive for investors and Airbnb use. Enjoy resort-style amenities including heated pool, fitness center, business center, clubhouse, common laundry, security, and direct beach access. FREE parking for owners. Excellent location close to restaurants, shopping, grocery stores, Hollywood Broadwalk, Gulfstream Park, Aventura, Fort Lauderdale-Hollywood International Airport, and Miami International Airport. Buyer and buyer’s agent must verify all rental rules, association fees, approvals, assessments, restrictions, taxes, and city requirements. Beautiful oceanfront 1 bedroom, 1 bathroom furnished condo located at The Tides on Hollywood Beach. This unit offers direct ocean views, beach access, and excellent flexibility for personal use, vacation use, or investment. The building allows short-term rentals/Airbnb per prior MLS information, with no minimum days of lease previously reported, making this property attractive for investors seeking income-producing potential. The unit is located in a high-rise oceanfront building with resort-style amenities, including heated pool, fitness center, business center, clubhouse/clubroom, common laundry, elevators, security, doorman/lobby access, and direct access to the beach. Maintenance may include amenities such as cable TV, internet/WiFi, hot water, water, trash removal, security, pool service, parking, and other building services, subject to association confirmation. Excellent Hollywood Beach location near the famous Hollywood Broadwalk, restaurants, cafes, grocery stores, shopping, Gulfstream Park, Aventura Mall, Sunny Isles Beach, Bal Harbour, Fort Lauderdale-Hollywood International Airport, and Miami International Airport. This property is ideal for a buyer looking for an oceanfront lifestyle, a second home, or an investment property with short-term rental potential. Buyer and buyer’s agent are responsible for verifying all information, including but not limited to association rules, rental restrictions, Airbnb/short-term rental policy, city and county licensing requirements, taxes, resort fees, application fees, approval process, pet rules, parking, assessments, maintenance fees, included services, building rules, and all measurements. Information is deemed reliable but not guaranteed.
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William Raveis Real Estate
Phone: 888.699.8876
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RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $345,600 | $345,600 | $345,600 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.990% | 6.490% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.370% | 6.615% | 5.866% |
| Monthly Tax Payment | $743 | $743 | $743 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $2,070 | $2,182 | $2,847 |
| Total Monthly Payment | $2,888 | $3,000 | $3,665 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.