701 Three Islands Blvd # 103, Hallandale Beach FL 33009 | Broward County | A12098970

701 Three Islands Blvd # 103, Hallandale Beach FL 33009

Active Residential

$175,000

7 More

2
Bedrooms

1.5
Bathrooms

924 Sq Ft
Area Size

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Active Residential

701 Three Islands Blvd # 103, Hallandale Beach FL 33009 | Broward County | A12098970

701 Three Islands Blvd # 103, Hallandale Beach FL 33009

$175,000

Description

Prime Investment Opportunity in Three Islands
Exceptional turn-key investment property featuring a reliable long-term tenant of 8 years, currently generating $1,750/month in rental income with a strong desire to stay.
Per tax records, this unit is listed as a 2-bedroom, 1.5-bathroom residence. The second bedroom is currently configured as an open den and can easily be fully enclosed to create a private second bedroom. While the unit leaves room for custom cosmetic updates and personal touches, it offers immediate cash flow in an unbeatable location.
Situated right along the Intracoastal Waterway in prestigious Three Islands, residents enjoy quick access to premier dining, shopping, Publix, Walmart, and local beaches.
Tenant occupied. Showing by appointment only.

Property Overview

This two-bedroom, one-and-a-half-bath condo at 701 Three Islands Blvd # 103 offers 924 square feet of living space within the Desoto Park Condo building in Hallandale Beach. Built in 1974, the unit is currently tenant-occupied, with the second bedroom configured as an open den that can be enclosed to serve as a private sleeping area. The property is offered for $175,000, with a monthly HOA fee of $595. The residence sits along the Intracoastal Waterway in the Three Islands area, providing convenient access to nearby dining, shopping centers, and local beaches. This location supports its role as an income-producing asset, currently generating $1,750 in monthly rental income. The unit is described as turn-key, allowing for immediate cash flow while leaving room for future cosmetic updates. For specific details regarding the tenancy agreement or to schedule a viewing by appointment, please call 305-859-4733. This listing is managed by Miami Beach Brokers (Real Broker LLC).

Frequently Asked Questions

What is the current occupancy status of this condo?

The property is currently occupied by a long-term tenant who has resided there for eight years. Because the unit is tenant occupied, all showings must be arranged by appointment only.

How much monthly rental income is the property generating?

The property is currently generating $1,750 per month in rental income through a reliable long-term tenancy.

What is the layout and configuration of the interior spaces?

The unit is listed as a two-bedroom, one-and-a-half-bathroom residence. However, the second bedroom is currently configured as an open den and can be enclosed to function as a private second bedroom.

What are the financial details regarding the purchase price and HOA fees?

The listing price for the condo is $175,000, and the monthly Homeowners Association fee is $595.

Where is this property located within Hallandale Beach?

The condo is located in the Three Islands section of Hallandale Beach, situated directly along the Intracoastal Waterway. It provides quick access to local beaches, dining, and shopping areas.