OFF_MARKETNeutral Deal31 days on market

3400 Water Oak Drive #1501

3400 Water Oak Drive #1501, Hollywood, FL 33021, Hollywood, FL 33021
$525,000
Zestimate®:$501,900

Listing Price

Property image 1
3400 Water Oak Drive #1501, Hollywood, FL 33021
Loc: Hollywood, FL
Days Listed
31
Tax Assessed
$342k
Zestimate®
$502k
Market Rate
Rent Estimate
$3,501/mo
Est. Cash Flow base
Type
condo

More Than Just a Property

We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.

4.9
Safety Score
A+
Schools

Nearby Schools

Educational options and performance ratings in the area.

8

Hollywood Hills Elementary School

PK-5
1 mi away
4

Attucks Middle School

6-8
1.5 mi away
2

Hollywood Hills High School

9-12
1.3 mi away

Property Overview

A stunning investment opportunity in a prime location. This property features modern amenities, spacious living areas, and strong rental potential.

Features & Amenities

Open Floor PlanHardwood FloorsModern KitchenStainless Steel AppliancesCentral Heat/AirLarge BackyardParkingNear Transit

Haven AI Verdict

Recommendation
Pending...
Confidence Score: 0/10
Exercise caution due to potential market volatility.
Cap Rate
5.73%
Total ROI
18.3%
Cash Flow
$-149/mo
DSCR
0.94
Was this AI Verdict accurate?

Data provided by Haven AI. Disclaimer

Checking Access...

Haven AI

Analyzing property data...

Checking Access...

10-Year Price Projection

Price & Tax History

Price History

DateEventPricePrice/sqft
2026-06-30Listing removed$525,000$364
2026-05-01Listed for sale$525,000$364
2024-04-19Sold$395,000$274
2024-03-01Price change$415,000$288
2024-01-23Listed for sale$425,000$295
1992-10-01Sold$120,000$83

Tax History

YearProperty TaxTax Assessment
2025$7,845.98$357,680
2024$10,349.53$476,880
2023$2,367.98$138,400
2022$2,229.28$134,370
2021$2,163.26$130,460
2020$2,118.79$128,660
2019$2,092.1$125,770
2018$2,092.1$123,430
2017$1,995.02$120,900
2016$1,883.41$118,420
2015$1,870.65$117,600
2014$1,865.34$116,670
2013$1,865.34$168,480
2012$1,781.88$165,160
2011$1,722.4$169,100
2010$1,670.39$108,120
2009$1,825.32$118,820
2008$1,729.66$118,710
Nathaniel Pitchon-Getzels Logo
Getzels Group
Haven Team
CalRE #01884947
Call / Text
818.535.5337

Property Specs

Beds
3
Baths
2
Sq Ft
1,690
Institutional Underwriting Ledger

Investment Numbers & Operating Model

Standardized cash flow underwriting modeled with state tax schedules, regional insurance hazard risk, and disciplined operating reserves.

Data Sources:MLS List Price: $525,000Rent Basis: Observed Comp Model ($3,501/mo)State Tax Benchmark: 0.98% (FL)Hazard Reserve: $263/mo
Haven ScoreRisky
1/ 10

Multi-factor yield grade

Cap Rate (Unleveraged)
4.92%

NOI: $25,843/yr

Cash-on-Cash Yield
-5.7%

On $120,750 invested

DSCR Ratio
0.79x

Negative debt coverage

5-Yr Leveraged ROI
+65.8%

Equity + cumulative cash

Financing Scenario Controls
Adjust down payment & rates to model your personalized return

Monthly Cash Flow Breakdown

Monthly Operating Deductions
Property Taxes (0.98% of basis)-$279/mo
Homeowner / Hazard Insurance-$263/mo
Vacancy Reserve (5% of rent)-$175/mo
Repairs & Maintenance (10% of rent)-$350/mo
Property Management (8% of rent)-$280/mo
Total Pure Operating Expenses-$1,347/mo
Net Investor Cash Flow
Gross Scheduled Rent+$3,501/mo
Less: Operating Expenses-$1,347/mo
Net Operating Income (NOI)+$2,154/mo
Less: Debt Service (30yr @ 6.75%)-$2,724/mo
Net Cash Flow
$-570/mo
$-6,846/year
Underwrite with Acquisition CalculatorsTransfer this property's exact numbers into dedicated underwriting tools:

Similar Properties Nearby

Explore other investment opportunities in Hollywood.