450 S Park Rd #5-307, Hollywood, FL 33021
Local realty services provided by:Better Homes and Gardens Real Estate Destinations
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 unbeatable accessibility. Unit is currently vacant. HOA includes water,interent,cable, and common areas.
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Home facts
- Year built:1996
- Listing ID #:A11923629
- Updated:January 23, 2026 at 09:01 AM
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)
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