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- 450 S Park Rd, Unit 5-307
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For Sale
Listed on December 1, 2025
450 S Park Rd, Unit 5-307
$245,000
3 Beds
2 Baths
1,084 sqft
0 Parkings
HOA FeesHOA fees
$692
Annual Tax
$6,706
Occupancy
Vacant
Year Built
1996
Stories
3
Days on market
6 days ago
Description
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.
Julies Realty, LLC
Features & Details
Learn about the features and details of 450 S Park Rd, Unit 5-307
Property Details
- Property TypeCondominium
- Living Area1,084 sqft
- Year Built1996
- Lot Size-
- Stories3 Stories
- Annual Tax$6,706.00
- List Date12/1/2025
- Updated12/3/2025
- Last CheckedRecent
- MLS Number#A11923629
- BrokerageJulies Realty, LLC
- Postal Code33021
- AreaBroward
- CityHollywood
Additional Property Features
- OccupancyVacant
- List Price$245,000.00
- Unit Number5-307
- ConstructionBlock
- HeatingCentral
- Fireplaces-
- Garage-
- Parking TypeGuest, One space
- Pets AllowedConditional,Yes
- Air ConditioningCentral Air
- ElevatorNo
- LockerNo
- Swimming PoolAssociation
- PatioBalcony,Screened
- BasementNo
- DenNo
- Central VacuumNo
- Garage TypeNo
Additional Listing Information
- Walk Score–
- Property Manager-
- Utilities IncludedCable
- FurnishedUnfurnished
- Assessment Year2024
- AssignmentNo
- Extras IncludedDishwasher, Disposal, Refrigerator
- Virtual TourView virtual tour
Inside
- Bedrooms & Baths3 Bed, 2 Bath
- Bedrooms3
- Full Bathrooms2
- EnsuiteYes
- Bathrooms2
- FlooringMixed
Price history
Learn about the price history of 450 S Park Rd, Unit 5-307
Amenities
Discover the amenities available at 450 S Park Rd, Unit 5-307
- Fitness center
- Pool
- Tennis courts
Real estate trends
View trends of price in Hollywood over the last 12 months
Explore Broward
Learn about the area around 450 S Park Rd, Unit 5-307
Mortgage Calculator
Estimate monthly payments for 5-307 - 450 S Park Rd
$0
20.0%
$245,000
1%
5.25%
10%
Estimated Monthly Payment
$1,175
Cash Flow Analysis
Mortgage Payment:
$1,174.53
Monthly Payment:
$2,425.36
Break Even Down Payment:
100%
Cash Flow
$0
Disclaimer: This calculator provides estimates for informational purposes only. Consult a financial advisor for personalized advice.
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About this property
Discover this exceptional condominium in the heart of Hollywood Central, Hollywood. This well-appointed property offers 3 bedrooms, 2 bathrooms, 1,084 square feet of living space. secure building access, central heating, Central Air. Originally built in 1996 in a 3-story building. Offered at $245,000.00 Residents will appreciate the excellent amenities including Fitness center, Pool, and Tennis courts. The property comes with Dishwasher, Disposal, Refrigerator. Utilities included: cable. Don't miss this opportunity to own in one of the area's most desirable locations.
FAQs About 450 S Park Rd, Unit 5-307
450 S Park Rd, Unit 5-307, MLS® A11923629 has a size of 1084 sqft.
There are 3 bedrooms and 2 bathrooms in this Condo at 450 S Park Rd, Unit 5-307, MLS® A11923629.
Annual taxes for this home are $6,706 based on 2024 tax year reports.
The building's pet policy is as follows: Conditional,Yes. Please contact the property manager or listing agent to confirm specific details, restrictions, and any associated fees that may apply.
Based on information from the Miami Association of REALTORS®. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information.
©2025 Miami Association of REALTORS® all rights reserved.
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450 S Park Rd, Unit 5-307
450 S Park Rd, Unit 5-307