1600 S Ocean Dr, #5J, Hollywood, FL, 33019 | $350,000

Welcome to Allington Towers South with Oceanview living with spectacular sunrises! This spacious 2-bedroom, 2-bathroom condo offers 1, 218 square feet. This well-maintained unit features floor-to-ceiling windows, ceramic wood floors, a new water heater, and hurricane-impact sliding glass doors off the guest bedroom and an oversized terrace. With a large storage closet inside and a walk-in closet in the primary bedroom, this condo is ready for your tender loving care. Enjoy 24-hour security, with the airport just 15 minutes away and the Hollywood Broadwalk a short stroll away. This residence boasts the best-covered parking spot in the building. Beach access is right across the street, small pets are allowed, and it is rentable in the first year per cap rate.

Features

  • Heating: Central
  • Cooling: Central Air
  • Levels: 19
  • Amenities: Pool,Trash,Elevator(s)
  • Bedrooms: 2
  • Baths: 2 full
  • Complex: ALLINGTON TOWERS CONDO
  • Year Built: 1971
  • Common Charge: $1,161 Monthly
  • Approx Sq. Feet: 1,220
  • Est. Taxes: $5,065
  • View: Intercoastal
  • Water Front: Yes
  • Pets Allowed: Yes
  • Pet Policy: Conditional,Yes
  • Appliances: Dishwasher,Electric Range,Microwave,Refrigerator
  • MLS#: A11686668
  • Days on Market: 8 days
  • Website: https://www.raveis.com
    /prop/A11686668/1600soceandr_hollywood_fl?source=qrflyer
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Listing courtesy of Keller WIlliams Miami Beach   Phone: 305-695-1112

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
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Our Insurance Division:

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1600 S Ocean Dr, #5J, Hollywood, FL, 33019

$350,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $280,000 $280,000 $280,000
Term 360 months 360 months 180 months
Initial Interest Rate** 7.375% 7.125% 6.125%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.474% 7.282% 6.412
Monthly Tax Payment $422 $422 $422
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $1,934 $1,886 $2,382
Total Monthly Payment $2,431 $2,383 $2,879

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.  The Total Monthly Payment does not include the estimated HOA/Common Charge payment.