450 S Park Rd #5-307, Hollywood, FL 33021

Local realty services provided by:Better Homes and Gardens Real Estate Destinations
450 S Park Rd #5-307,Hollywood, FL 33021
$245,000
  • 3 Beds
  • 2 Baths
  • 1,084 sq. ft.
  • Condominium
  • Active
Listed by: vanessa luna
Office: julies realty, llc.
MLS#:A11923629
Source:SEFMLS

Price summary

  • Price:$245,000
  • Price per sq. ft.:$226.01
  • Monthly HOA dues:$692

About this home

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

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Home facts

  • Year built:1996
  • Listing ID #:A11923629
  • Updated:December 02, 2025 at 10:57 PM

Rooms and interior

  • Bedrooms:3
  • Total bathrooms:2
  • Full bathrooms:2
  • Living area:1,084 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Central

Structure and exterior

  • Year built:1996
  • Building area:1,084 sq. ft.

Schools

  • High school:South Broward
  • Middle school:Olsen
  • Elementary school:Orange Brook

Finances and disclosures

  • Price:$245,000
  • Price per sq. ft.:$226.01
  • Tax amount:$6,706 (2024)
Information deemed reliable but not guaranteed. Information is provided, in part, by Greater Miami MLS. This information being provided is for consumer's personal, non-commercial use and may not be used for any other purpose other than to identify prospective properties consumers may be interested in purchasing.

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