$107,000
$120,000
10.8%For more information regarding the value of a property, please contact us for a free consultation.
101 N Ocean Dr #678 Hollywood, FL 33019
1 Bath
300 SqFt
Key Details
Sold Price $107,000
Property Type Condo
Sub Type Condo
Listing Status Sold
Purchase Type For Sale
Square Footage 300 sqft
Price per Sqft $356
Subdivision Hollywood Beach Resort
MLS Listing ID F10254218
Sold Date 07/23/21
Style Condo 5+ Stories
Full Baths 1
Construction Status Resale
HOA Fees $790/mo
HOA Y/N Yes
Year Built 1925
Annual Tax Amount $2,102
Tax Year 2019
Property Description
CORNER END UNIT-Fully furnished efficiency at Hollywood Beach Resort next to beach boardwalk. Immediate income cash flow for Investors. Regular repeat guests with approx. 70% occupancy rate and min. 8% cap rate annually. Client list can be transferred to new owner. Maintain 65% occupancy rate during pandemic. One GARAGE parking. No rental restriction, rent on your own, use hotel program or as your own weekend place for quick getaway. One Storage locker. All utilities included in maintenance: water, electric, insurance, cable, A/C, pool, gym, security, Wi-Fi internet. Registration desk at the lobby entrance. Laundry machines on same floor. Bar and dining restaurant in back of Resort and just minutes from Ft. Lauderdale airport. Owner is motivated and will consider all reasonable offer.
Location
State FL
County Broward County
Area Hollywood East (3010-3050)
Building/Complex Name HOLLYWOOD BEACH RESORT
Rooms
Bedroom Description Studio
Dining Room Breakfast Area
Interior
Interior Features First Floor Entry, Built-Ins, Closet Cabinetry
Heating No Heat
Cooling Air Purifier, Ceiling Fans, Central Cooling, Electric Cooling
Flooring Ceramic Floor
Equipment Electric Range, Microwave, Refrigerator, Smoke Detector
Furnishings Furnished
Exterior
Exterior Feature None
Garage Spaces 1.0
Amenities Available Common Laundry, Community Room, Elevator, Fitness Center, Pool, Spa/Hot Tub
Waterfront Description Ocean Front
Water Access Y
Water Access Desc Unrestricted Salt Water Access
Private Pool No
Building
Unit Features Intracoastal View
Foundation Concrete Block Construction, Cbs Construction
Unit Floor 6
Construction Status Resale
Others
Pets Allowed Yes
HOA Fee Include 790
Senior Community No HOPA
Restrictions Corporate Buyer OK,No Restrictions,Ok To Lease,Okay To Lease 1st Year
Security Features Elevator Secure,Guard At Site,Security Patrol
Acceptable Financing Cash, Conventional
Membership Fee Required No
Listing Terms Cash, Conventional
Pets Allowed No Aggressive Breeds
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Bought with Hollywood Diamond Realty
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