450 S Park Rd 5-307 Hollywood FL 33021

Overview of 450 S Park Rd 5-307

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.

This lovely condo was built in 1996 and features 3 bedrooms, and 2 full bathrooms. This condo for sale is 1,084 square feet, with 1,084 sq ft being air conditioned living space. The condo does not have a private swimming pool, although there is a community pool in the complex for use by residents.

Welcome to this beautifully maintained 3-bedroom, 2-bath condo perfectly located in the heart of South Florida!.

Directions to this property are as follows: From Hollywood Bld And S. Park Road, Go South On South Park Road For About 2 Blocks To The Gate Entrance On The West Side.

Please contact your ZFC agent for more information about MLS# AX-11923629 or any other condos for sale in Hollywood or elsewhere in the Broward County area.