Off-Market Condo: Malaga Tower7A at 1920 S Ocean Dr, Hallandale Beach, FL 33009

Description

Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented long-term for an average of $4,850 per month, based on comparable local listings. Estimated long-term cap rate of -2.1%. Stunning Corner Unit Condo, Largest in the Building and Steps from the Ocean! Experience luxury coastal living in this exceptional 2-bedroom, 2.5-bathroom corner unit condo, the largest unit in the building! Boasting an open and airy layout, this home is bathed in natural light through its expansive impact windows, offering breathtaking city and partial ocean views. flowing seamlessly into the spacious living and dining areas. The primary suite is a private retreat with walk-in closet, complete with its own full bath. A convenient half-bath adds extra functionality for entertaining. Enjoy first-class amenities, including valet parking, located just steps from the beach, fine dining, and shopping, this one-of-a-kind residence offers unmatched space, style, and convenience.

Property Information
Monthly Rent
$4,850
Monthly HOA
$150
Rental Policy
STR Restrictions
Yearly Taxes
$15616
Bedrooms
2
Bathrooms
2.5
SQFT
2,305
Furnished
No
Year built
1975
Listing Status
Off Market
MLS
A11774291

Long-term Rental Potential
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$58,200

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$4,850/mo

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