tomo logo

$645,000

Beds
1
Baths
1.0
sq ft
841

4111 S Ocean Dr Unit 2309, Hollywood, FL 33019

4111 S Ocean Dr Unit 2309

Hallandale Beach, FL 33019

  • 31 days on market
Investors Dream Opportunity! This newly renovated, painted, and fully refurnished luxury 1-bedroom/1-bathroom unit in Hallandale Beach offers stunning north-facing direct ocean and city views, making it a serene and stylish retreat for guests. Located in the newly remodeled and rebranded LYFE Resort & Residences, formerly known as HYDE Resort & Residences. With no rental restrictions, you can maximize your investment potential on rental platforms. The unit comes fully furnished, offering a hassle-free setup for short-term rentals or personal use. Whether you're looking for a high-performing income property or a vacation escape, this is the perfect opportunity to own a piece of paradise with unbeatable flexibility and appeal.

Details

Property type

Condominium

Est. home value

$654,961

Lot size

Unknown

Price per sq ft

$767

Year built

2017

Annual property taxes

$11,925

Monthly HOA fee

$1,029

Price History

11/19/2024
SEF

SEF #A11696490

Listed
$645,000
+8.4%
03/31/2022
SEF

SEF #A11046792

Sold
$595,000

Schools & Community

Neighborhood: 

South Central Beach

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$182,219
Asking price
$645,000
Closing costs (~8% of asking)
-$51,600
Est. remaining loan balance
-$411,181
Cash to seller
$182,219

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Nexera Holding Llc

Loan start date

January 2024

Original loan amount

$415,000

Est. remaining balance

$411,181

Interest rate

6.95%

Loan type

New Conventional, 29 year

Seller

Black Stripe Investment Properties Llc

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 12/22/2024 at 9:35 AM

Listing updated: 12/18/2024 at 2:15 PM

Listed by: Frederika Rutten, One Sotheby's International Realty Phone #: (305) 865-9811

MLS: SEF #A11696490

SEF logo