101 North Ocean Drive, Unit 678

Hollywood, FL 33019

$107,000
Last Sold Price
Studio
Beds
1
Bath
300 Sq. Ft.
$357 / Sq. Ft.
300
Sq. Ft.
$357
per Sq. Ft.

Description

CORNER END UNIT-Fully furnished efficiency at Hollywood Beach Resort next to beach boardwalk. Immediate income cash flow for Investors. Regular repeat guests with approx. 70% occupancy rate and min. 8% cap rate annually. Client list can be transferred to new owner. Maintain 65% occupancy rate during pandemic. One GARAGE parking. No rental restriction, rent on your own, use hotel program or as your own weekend place for quick getaway. One Storage locker. All utilities included in maintenance: water,...CORNER END UNIT-Fully furnished efficiency at Hollywood Beach Resort next to beach boardwalk. Immediate income cash flow for Investors. Regular repeat guests with approx. 70% occupancy rate and min. 8% cap rate annually. Client list can be transferred to new owner. Maintain 65% occupancy rate during pandemic. One GARAGE parking. No rental restriction, rent on your own, use hotel program or as your own weekend place for quick getaway. One Storage locker. All utilities included in maintenance: water, electric, insurance, cable, A/C, pool, gym, security, Wi-Fi internet. Registration desk at the lobby entrance. Laundry machines on same floor. Bar and dining restaurant in back of Resort and just minutes from Ft. Lauderdale airport. Owner is motivated and will consider all reasonable offer.
  1. Listed by Hoi Lau • Rainbow Investment Realty Inc

Property Details for 101 North Ocean Drive, Unit 678

Subdivision Name
HOLLYWOOD BEACH RESORT
Complex Name
HOLLYWOOD BEACH RESORT
Style
Condo 5+ Stories
Waterfront
Yes
Waterfront Description
Ocean Front
View
Intracoastal View
Unit View
Intracoastal View
Furnished
Furnished

Location

Listing Courtesy of Rainbow Investment Realty Inc

Sold By Hollywood Diamond Realty

Add your commute
LISTING UPDATED: 08/02/2021 12:47 PM

Property Details for 101 North Ocean Drive, Unit 678

StatusClosed Sale
MLS #F10254218
Days on Market252
Taxes$2,102 / year
HOA Fees$790 / month
Condo/Co-op Fees-
Compass TypeCondo
MLS TypeCondo/Co-Op/Villa/Townhouse / Condo
Year Built1925
CountyBroward County

Building

Hollywood Beach Resort

8 StoriesBuilt in 1925

Location

Listing Courtesy of Rainbow Investment Realty Inc

Sold By Hollywood Diamond Realty

Add your commute

Building Information for 101 North Ocean Drive, Unit 678

Building/ComplexHollywood Beach ResortFloor6Stories8Residences-Pet Policy-Year Built1925

Payment Calculator

$1,549 per month

30 year fixed, 7.25% Interest

Principal and Interest

$584

Property Taxes

$175

HOA Dues

$790

The Payment Calculator is for illustrative purposes only.

Property Information for 101 North Ocean Drive, Unit 678

General Information
General Information
  • Sq Ft Liv Area: 300.0
  • Sq Ft Total: 300
  • Efficiency: Yes
  • Pets Allowed: Yes
  • Pet Restrictions: No Aggressive Breeds
  • Township Range: 51
  • Street Number Numeric: 101
  • Street Number: 101
  • Street Direction Prefix: N
  • Street Name: Ocean Dr
  • County Or Parish: Broward County
  • Postal Code: 33019
  • City and Location Text: Hollywood
  • Accessibility Features: First Floor Entry, Built-Ins, Closet Cabinetry
  • Pet Fee: $0
  • City Postal ID: 33019
  • Price Per Square Foot: $356
Maintenance / Tax Information
  • Maintenance Includes: Building Exterior, Cable Tv, Electric, Elevator, Hot Water, Insurance, Parking, Pest Control Interior, Pool Service, Security, Sewer, Trash Removal, Water
  • Tax Amount: $2,102
  • Tax Information: Tax Reflects No Exemptions
  • Tax Year: 2019
Building Information
  • Property Detached: No
  • Property Type: Condo/Co-Op/Villa/Townhouse
  • Subdivision Complex Bldg: HOLLYWOOD BEACH RESORT
  • Total Floors In Building: 8
  • Type of Governing Bodies: Condominium
  • Type of Property: Condo
  • Year Built Numeric: 1925
  • Year Built Description: Resale
  • MLS Area: 3010
Virtual Tour / Features / Utilities
Interior
  • Amenities: Common Laundry, Community Room, Elevator, Fitness Center, Pool, Spa/Hot Tub
  • Room Count: 0
  • Equipment Appliances: Electric Range, Microwave, Refrigerator, Smoke Detector
  • Floor Description: Ceramic Floor
  • Interior Features: First Floor Entry, Built-Ins, Closet Cabinetry
  • Unit Design: Interior Hall, Lobby, Substantially Remodeled
  • Unit Floor Location: 6
  • Flooring: Ceramic Floor
Exterior
  • Exterior Features: None
  • Construction Type: Concrete Block Construction, Cbs Construction
  • Windows Treatment: High Impact Windows, Impact Glass
  • Construction: Concrete Block Construction, Cbs Construction
Room Information
  • Master Bathroom Description: Separate Tub & Shower
  • Bedroom Description: Studio
  • Dining Description: Breakfast Area
  • Beds Total: 0.0
  • Num of Full Baths: 1.0
  • Num of Half Baths: 0.0
  • Master Bath Features: Separate Tub & Shower
Waterfront
  • Water Access: Unrestricted Salt Water Access
Parking
  • Parking Description: Covered Parking, Guest Parking
  • Parking Restrictions: Limited # Of Vehicle, No Rv/Boats
Utilities
  • Cooling Description: Air Purifier, Ceiling Fans, Central Cooling, Electric Cooling
  • Heating Description: No Heat
  • Cable Available: Yes
Property / Lot Information
Building Information
  • Type of Association: Condo
  • Num Garage Spaces: 1
  • Unit Number: 678
  • Stories: 8
Community Information
  • Housing Older Persons Act: No HOPA
  • Association Fee: $790
  • Assoc Fee Paid Per: Monthly
  • Gated Community YN: No
Location Information
  • Area: 3010
  • Directions: Hollywood Blvd going East, all the way over the Intracoastal bridge, take the North ramp, go Right at first light, follow road, make Right at “Public Parking” sign. Park on street meter for short time or in Garage.
  • Geographic Area: Hollywood East (3010-3050)
  • Parcel Number Free Text: 514213BJ2520
  • Section: 13
  • State: FL
Lot Information
  • Land Lease Amount: $0
Rent Information
Furnished / Unfurnished
  • Furnished Info Sold: Furnished
  • Additional Furnished Info: Turn Key Furnished
Rent Information
  • Application Fee: $100
  • Minimum Num of Days for Lease: 1
  • Rec Lease Month: $0
Rent Status
  • Other Fees: $100

Property History for 101 North Ocean Drive, Unit 678

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 101 North Ocean Drive, Unit 678

Taxable ValueLand$8,640Additions$77,770Total$86,410
Tax Record2023$2,160 ($180 / month)
Home Facts
Total Finished SqFt300 SqFtAbove Grade Finished SqFt300 SqFtStyleHotel / MotelYear Built1925Year Renovated1987ZoningBWK-25-HD-CCountyBROWARDAPN51-42-13-BJ-2520

Schools near 101 North Ocean Drive, Unit 678

This home is within Broward.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Charter - K to 5
Rating
School
Distance
Hollywood Central Elementary School
PublicPK to 5

Olsen Middle School
Public6 to 8

South Broward High School
Public9 to 12

Hollywood Academy Of Arts & Science
CharterK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Rainbow Investment Realty Inc

Based on information from one of the following Multiple Listing Services: Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.