Property Details
| Sold Price | $232,500 |
|---|---|
| Last Asking Price | $245,000 |
| Price per SqFt | $214 |
| Maintenance fee | $692 Monthly |
| Property Taxes | $6,706 2024 |
| Interior Space | 1,084 SqFt |
| Beds/Baths | 3/2 |
| Year Built | 1996 |
| Closed Date | 1/30/2026 |
| MLS # | A11923629 |
Estimated Costs
An estimate of condo or HOA fees and property taxes
Fees and taxes based on MLS provided figures, and may not be accurate
From the listing
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.
Listed by Julies Realty, LLC
Sales History for This Home · 450 S Park Rd 5-307
Sales history is unavailable for this property
Listed by Julies Realty, LLC. Mark Zilbert of ONE Sotheby's International Realty is a cooperating (transaction) broker and helps buyers find properties in Hollywood and throughout South Florida.
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The curated data and calculated data for this property and its surrounding condo units and homes is based solely on data we have extracted from the MLS. There may be unpublished, private, quit claim and other property offerings and transfers that do not appear here, which may affect how a buyer or seller perceives property values. Always conduct proper due diligence when considering buying or selling property.