1 month on rocket

3630 N 56th Ave Unit 318, Hollywood, FL, 33021

$199,000

Home List Price

$2,363*

Closing Credit

1 Bedroom
1 Full Bath
659 SqFt
$302/SqFt
Condo

Location

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3630 N 56th Ave Unit 318, Hollywood$199,000

Buyer Closing Credits

$2,363*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingAssigned, Guest, Two or More Spaces
Year Built1993
HeatingCentral, Electric
CoolingCentral Air, Electric
ViewGarden, Other
MLS #A11672130
StatusActive

About 3630 N 56th Ave Unit 318

ONLY INVESTORS 6.5% CAP RATE (monthly cash flow $1,050) - TENANT OCCUPIED UNTIL 03/31/25. ATTENTION ALL INVESTORS!!! START COLLECTING ON CLOSING DATE!!! One of the best OPPORTUNITIES in Hollywood. Great opportunity to own this beautiful income producing unit, spacious condo very well kept and centrally located in the heart of Hollywood at a quiet gated community by the lake, Lakewood at Emerald Hills. No minimum credit score required by association and no special assessments announced. Unit is Tenant occupied with same Tenant for the last 3 years, great tenant paying currently $1,600 always on time and no issues at all, 6.5% CAP RATE. Great amenities like pool, tennis, gym, laundry inside the unit, clubhouse and BBQ. Low Maintenance just new paint on buildings, no restrictions on rent.

Property Details

Property Features

Property Information:

  • Architectural Style: None
  • Year Built: 1993
  • Living Area: 659 SqFt

Listing Office:

  • Office Name: Florida Realty Wealth Group Inc.
  • Office Phone: (305) 390-2737
  • Listing Agent: Carlos Rivera

Interior Features

Interior Information:

  • Appliances: Oven, Dryer, Dishwasher, Electric Water Heater, Disposal, Microwave, Refrigerator, Washer
  • Flooring Type: Carpet
  • Interior: First Floor Entry, Other

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 1

Exterior Features

Exterior Information:

  • View: Garden, Other
  • Exterior: Other, Tennis Court(s)

Parking Information:

  • Parking: Assigned, Guest, Two or More Spaces

Virtual/3D Tour

  • Virtual Tour: 3630 N 56th Ave Unit 318
Virtual Tour

Utilities

Utilities Information:

  • Heating: Central, Electric
  • Cooling: Central Air, Electric

Price Information

Listing Price Info

Price Summary:

  • List Price: $199,000
  • Price Per SqFt: $302/SqFt

HOA Fees:

  • Amount: $275
  • Frequency: Monthly
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Housing Market Comparison

See how this home compares to others in Hollywood, FL.

Med. Sold Price

$485K

Med. Price/SqFt

$359

Avg. Days On Market

75

# of Sold Homes

99

3630 N 56th Ave Unit 318 vs Hollywood

48 DAYS ON ROCKET

-27 Days

$199,000

-$286K Less

$302/SqFt

-$57 Less

KEY TAKEAWAY

This property is $286K less than the Median Sold Price and $57/SqFt less than other homes in Hollywood, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: SEFMIAMI
  • MLS Number: #A11672130

Listing Office:

  • Office Name: Florida Realty Wealth Group Inc.
  • Office Phone: (305) 390-2737
  • Listing Agent: Carlos Rivera

IDX © 2024 Miami Association of REALTORS®. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Miami Association of REALTORS®. All information is deemed reliable but not guaranteed by the MLS and should be independently verified. The MLS, this broker and their affiliates provide all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively 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. This property is offered without respect to any protected classes in accordance with the law.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/24/2024, 4:20:47 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$1,336

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$663

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-1072238
5
/10
  • Stirling Elementary School

  • 5500 Stirling Rd

  • 0.23 miles

  • Public District Grades KG-5

school-card-donut-1072239
6
/10
  • Sheridan Hills Elementary School

  • 5001 Thomas St

  • 0.93 miles

  • Public District Grades PK-5

school-card-donut-1072240
5
/10
  • Bridgeprep Academy of Hollywood Hills

  • 1400 N 46th Ave

  • 1.62 miles

  • Public Charter Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $40,808. Typical income of Hollywood, FL residents is between $35k-100k annually. Most families are single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 3630 N 56th Ave Unit 318

What is the listing price of this property?

The listing price of 3630 N 56th Ave Unit 318 property is $199,000.

What type of property is this?

The property 3630 N 56th Ave Unit 318 is a condo located in Hollywood, Florida, 33021.

Is this property for sale now?

Active Listing: 3630 N 56th Ave Unit 318 is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 3630 N 56th Ave Unit 318 has 1 bedroom and 1 bathroom.

What is the square footage of this property?

The property 3630 N 56th Ave Unit 318 is 659 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 3630 N 56th Ave Unit 318 is 1993.

Rocket HomesFloridaBroward CountyHollywood330213630 N 56th Ave Unit 318

This home is located at 3630 N 56th Ave Unit 318 in Hollywood, FL and zip code 33021 in the 441 Corridor neighborhood. This 659 square foot home was built in 1993. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since October 06, 2024 and is currently priced at $199,000.

In October 2024, from all listings sold in Hollywood, FL there were more than 8 sold above asking price, over 82 sold below and more than 9 were sold right at the asked price. In October 2024 in Hollywood, FL there were 9.3% more homes for sale than in September 2024. Listings spent 75 days on the market in October 2024, and had a median list price of $485,000 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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