450 S Park Rd # 307, Hollywood FL 33021

For sale Days on market 8

PINEHURST CLUB CONDO [ Condominium ]

$245,000

$226/sq ft

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Overview

Bedroom

Bath

Year Built

1996

Sqft

1084

Property Type

Condominium

Property Description

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.

Property Details

MLS#

A11923629

Unit Floor

Total Floor in Bldg

Building

PINEHURST CLUB CONDO

Address

450 Park Rd S

City

Hollywood

State/county

Zip/Postal Code

33021

Area

Pinehurst Club Condo

Country

United States

HOA

Yes

Assoc Fee

$692

Assoc Fee Pd

Monthly

Tax Amount

$6,706

Maint Fee

$--

Tax Year

2024

Dishwasher

Disposal

Refrigerator

None

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