Basic Information

  • MLS # A11923629
  • Type Condominiums
  • Subdivision/Complex Pinehurst Club Condo
  • Year Built 1996
  • Total Sqft 1,084
  • Date Listed 12/02/2025
  • Days on Market 50
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.

Amenities

  • Fitness Center
  • Pool
  • Tennis Courts

Exterior Features

  • Waterfront No
  • Parking Spaces 0
  • Pool Yes
  • Parking Description Guest, One Space
  • Exterior Features Balcony, Privacy Wall, Tennis Courts

Interior Features

  • Adjusted Sqft 1,084Sq.Ft
  • Interior Features Living Dining Room, Other, Split Bedrooms, Third Floor Entry, Walk In Closets
  • Sqft 1,084 Sq.Ft

Property Features

  • Aprox. Lot Size 1,084
  • Furnished Info No
  • Short Sale Regular Sale
  • HOA Fees $692
  • Subdivision Complex Pinehurst Club Condo
  • Subdivision Info Pinehurst Club Condo
  • Tax Amount $6,706
  • Tax Year 2024

450 S Park Rd #5-307

Hollywood, FL 33021

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