Ocean View Condo, Rental
3901 S Ocean Drive 14c Hollywood, FL 33019
3901 S Ocean Drive 14c, Hollywood, FL, 33019
$482,000
For Sale
$482,000
Large, fully furnished one-bedroom condo with ocean and city views.
Property Size874 SF
Price / SF$551.49
Days on Market681
Property Features for 3901 S Ocean Drive 14c
General Information
- Standard status
- Active
- Size
- 874 SF
- Property subtype
- Condo/Townhome
Building Details
- Year Built
- 1969
Listing Agency
Treasure Property Group LLC
(786) 564-9698
Listed by
Claudia Melina Herrera · License #3376299
(786) 564-9698
Source
Exitrealty
Added: Sep 7, 2024 Checked: Jul 17 at 5:10 am
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Treasure Property Group LLC
Investment Insights
Based on property information with market context.
This 874 sqft one-bedroom apartment on the 14th floor offers ocean and city views. The unit features a new kitchen and bath, large rooms, and multiple closets. It comes fully furnished. The maintenance includes wireless internet and basic cable. Building amenities include a gym, two pools, a restaurant/grocery, a movie theater, billiards, a business center, valet service, 24-hour security, and concierge services. Daily rentals are allowed, with no rental restrictions from day one, making it suitable for Airbnb. Beach service is available.
Key Highlights
- Daily rentals allowed with no restrictions; Airbnb possible from day one.
- Enjoy ocean and city views from this large, fully furnished one‑bedroom apartment (874 sqf) on the 14th floor.
- Comprehensive amenities include 2 pools, gym, restaurant/grocery, movie theater, billiards, business center, valet service, 24‑hr security and concierge.
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $27.8k | $31.80 |
| − Vacancy | −$1.3k | −$1.49 |
| EGI | $26.5k | $30.31 |
| − OpEx | −$11.9k | −$13.64 |
| NOI | $14.6k | $16.67 |
874 SF · lease $31.80/SF/yr · vacancy 4.70% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$208.1K
$182.1K – $242.8K
NOI $14,568 @ 7.0% cap · market cap 3.02%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$341.9K
$299.2K – $398.9K
NOI $23,934 @ 7.0% cap · market cap 4.97%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Witek Joseph T ...
Physician
Beach Equipment Rental ...
(Bike/Boat/Book/etc) Store
LAMURA GROUP
Business Management Consultant
Microbotanics Usa
Garden Center
Miami Suites
Hotel & Motel
Similar For Sale Nearby
FAQs
What type of property is this?
Short term rental property - Large, fully furnished one-bedroom condo with ocean and city views.
Where is this short term rental property located?
The property is located at 3901 S Ocean Drive 14c Hollywood, FL.
What is the asking price?
The asking price for this property is $482,000.
What are key features of this property?
This property features: Daily rentals allowed with no restrictions; Airbnb possible from day one.; Enjoy ocean and city views from this large, fully furnished one‑bedroom apartment (874 sqf) on the 14th floor.; Comprehensive amenities include 2 pools, gym, restaurant/grocery, movie theater, billiards, business center, valet service, 24‑hr security and concierge.
