450 S Park Rd Unit 5307 Hollywood, FL 33021
Hollywood Hills NeighborhoodEstimated payment $2,069/month
Highlights
- Fitness Center
- Community Pool
- Walk-In Closet
- Soaking Tub in Primary Bathroom
- Screened Balcony
- Laundry in Utility Room
About This Home
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.
Property Details
Home Type
- Condominium
Year Built
- Built in 1996
HOA Fees
- $692 Monthly HOA Fees
Home Design
- Garden Apartment
- Entry on the 3rd floor
- Concrete Block And Stucco Construction
Interior Spaces
- 1,084 Sq Ft Home
- 3-Story Property
- Combination Dining and Living Room
Kitchen
- Dishwasher
- Disposal
Flooring
- Carpet
- Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- Split Bedroom Floorplan
- Walk-In Closet
- 2 Full Bathrooms
- Soaking Tub in Primary Bathroom
Laundry
- Laundry in Utility Room
- Washer and Dryer Hookup
Home Security
Parking
- 1 Car Parking Space
- Guest Parking
Schools
- Orange Brook Elementary School
- Olsen Middle School
- South Broward High School
Additional Features
- Screened Balcony
- Privacy Fence
- Central Heating and Cooling System
Listing and Financial Details
- Assessor Parcel Number 514217BL1380
Community Details
Overview
- Low-Rise Condominium
- Pinehurst Club Condo
- Pinehurst Club Condo Subdivision
Recreation
- Tennis Courts
- Fitness Center
- Community Pool
Pet Policy
- Breed Restrictions
Security
- Complex Is Fenced
- Fire and Smoke Detector
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $1,102 | $303,110 | $30,310 | $272,800 |
| 2024 | $1,035 | $308,180 | $30,820 | $277,360 |
| 2023 | $1,035 | $97,780 | $0 | $0 |
| 2022 | $951 | $94,940 | $0 | $0 |
| 2021 | $927 | $92,180 | $0 | $0 |
| 2020 | $1,327 | $90,910 | $0 | $0 |
| 2019 | $1,308 | $88,870 | $0 | $0 |
| 2018 | $1,245 | $87,220 | $0 | $0 |
| 2017 | $1,143 | $85,430 | $0 | $0 |
| 2016 | $1,130 | $83,680 | $0 | $0 |
| 2015 | $1,130 | $83,100 | $0 | $0 |
| 2014 | $1,111 | $82,450 | $0 | $0 |
| 2013 | -- | $102,110 | $10,210 | $91,900 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/01/2025 12/01/25 | For Sale | $245,000 | -- | $226 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Certificate Of Transfer | $135,300 | -- | |
| Interfamily Deed Transfer | -- | U S A Trust Title Llc | |
| Special Warranty Deed | $229,000 | Prominent Title Insurance Ag |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $45,800 | Credit Line Revolving | |
| Previous Owner | $183,200 | Fannie Mae Freddie Mac |
Source: MIAMI REALTORS® MLS
MLS Number: A11923629
APN: 51-42-17-BL-1380
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