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Pinehurst Club Condo, Apt 5-307 For Sale

450 S Park Rd Apt 5-307, Hollywood, FL 33021

Price: $245,000 | 1,084 s.f. | 3 Beds | 2 Baths

 

Property Information Pinehurst Club Condo #5-307

Listing Price: $245,000
Price per Square Foot: $226.01/s.f.
Beds: 3
Baths: 2
Interior Space: 1,084 s.f. (100.7 m²)
Total Size: 1,084 s.f. (100.7 m²)
Monthly Maintenance Fee: $692
Taxes (2024): $6,706
Reference: A11923629
 

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Description of Pinehurst Club Condo #5-307

Description of Unit

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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The MLS data provided for the property above (MLS#A11923629) is provided courtesy of Julies Realty, LLC. Source: Southeast Florida MLS. Data updated 12/5/2025. Information is deemed reliable but not guaranteed. Copyright © 2025. The listing data on this page comes in part from the Internet Data Exchange (IDX), a collaboration between the following REALTOR(R) associations in the South Florida Multiple Listing Service (MLS): Miami Realtor Association, Realtor Association of Greater Ft. Lauderdale and the South Broward Board of Realtors. All rights reserved. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is believed to be accurate, but is not warranted. Use of search facilities of data on the site, other than a consumer looking to purchase real estate, is prohibited. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing.
 

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