450 SOUTH PARK RD #5-307, Hollywood
$245,000 USD 3 2
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| Address | 450 SOUTH PARK RD #5-307, Hollywood |
| Building Name | PINEHURST CLUB CONDO |
| Type of Property | Condominium |
| Price | $245,000 |
| Property Status | Pending |
| MLS Number | A11923629 |
| Bedrooms Number | 3 |
| Full Bathrooms Number | 2 |
| Living Area | 1084 |
| Year Built | 1996 |
| Folio Number | 514217BL1380 |
| Days on Market | 120 |
Detailed 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 offer
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Address Information
| State | Florida |
| City | Hollywood |
| County | Broward County |
| Zip Code | 33021 |
| Address | 450 SOUTH PARK RD |
| Section | 17 |
| Zip Code (4 Digits) | 8739 |
Financial Information
| Price | $245,000 |
| Price per Foot | $0 |
| Folio Number | 514217BL1380 |
| Maintenance Charge Month | $692 |
| Association Fee Paid | Monthly |
| Association Fee | $692 |
| Tax Amount | $6,706 |
| Tax Year | 2024 |
| Type of Contingencies | Pending Inspections |
Full Descriptions
| Detailed 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 offer |
| How to Reach | From Hollywood Bld and S. Park Road, go South on South Park Road for about 2 blocks to the gate entrance on the west side. |
| Property View | None |
| Floor Description | Carpet, Tile |
| Interior Features | Third Floor Entry, Split Bedroom, Walk-In Closet (s), Utility Room / Laundry |
| Exterior Features | Screened Balcony, Tennis Court (s) |
| Furnished Information | Unfurnished |
| Equipment Appliances | Dishwasher, Disposal, Refrigerator |
| Amenities | Exercise Room, Pool, Tennis Court (s) |
| Cooling Description | Central Air |
| Heating Description | Central |
| Parking Description | 1 Space, Guest |
| Pet Restrictions | Restrictions Or Possible Restrictions |
Property parameters
| Bedrooms Number | 3 |
| Full Baths Number | 2 |
| Living Area | 1084 |
| Year Built | 1996 |
| Type of Property | Condominium |
| Building Name | PINEHURST CLUB CONDO |
| Development Name | PINEHURST CLUB CONDO |
| Construction Type | CBS Construction |
| Street Direction | South |
| Listed with | Julies Realty, LLC |