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3 of 3 properties · ✕ Clear filters · Search: “601 W Ocean Dr” — 3 result(s)
3 F
Grade
F
$350,000
601 W Ocean Dr #410, Key Colony Beach
FL
F
30
Cashflow
$-1,559/mo
CoC ROI
-62.4%
Rent Est
$2,281/mo
via RentCast · GRM 12.8
Cap Rate
2.9%
💡 OPPORTUNITY — alternative strategies
🤝 Seller Finance: $-1,123/mo🏦 DSCR 25%dn: $-994/mo
$574,000💡 💰 Negotiate: Offer -1% → positive
F
$574,000
601 W OCEAN Dr Unit 311D, Hollywood
FL
F
22
Cashflow
$-5,642/mo
CoC ROI
-137.8%
Rent Est
$2,407/mo
via RentCast · GRM 19.9
Cap Rate
-3.5%
💡 OPPORTUNITY — alternative strategies
🤝 Seller Finance: $-4,821/mo🏦 DSCR 25%dn: $-4,609/mo💰 Negotiate: Offer -1% → positive
$549,000💡 💰 Negotiate: Offer -1% → positive
F
$549,000
601 W Ocean Dr Unit 105D, Hollywood
FL
F
22
Cashflow
$-5,428/mo
CoC ROI
-138.6%
Rent Est
$2,376/mo
via RentCast · GRM 19.3
Cap Rate
-3.6%
💡 OPPORTUNITY — alternative strategies
🤝 Seller Finance: $-4,648/mo🏦 DSCR 25%dn: $-4,445/mo💰 Negotiate: Offer -1% → positive
🏠
F
30
$350,000
601 W Ocean Dr #410
Key Colony Beach · 3bd/2.0ba · Single
1,200 sf · Built ?
$-1,559
Cash Flow
-62.4%
CoC ROI
2.9%
Cap Rate
$29,970
Cash In
🏠
F
22
$574,000
601 W OCEAN Dr Unit 311D
Hollywood · 2bd/2.5ba · Single
1,343 sf · Built 1975
$-5,642
Cash Flow
-137.8%
CoC ROI
-3.5%
Cap Rate
$49,151
Cash In
🏠
F
22
$549,000
601 W Ocean Dr Unit 105D
Hollywood · 2bd/2.5ba · Single
1,344 sf · Built 1975
$-5,428
Cash Flow
-138.6%
CoC ROI
-3.6%
Cap Rate
$47,010
Cash In
Property Breakdowns
F
30
601 W Ocean Dr #410 Single
Key Colony Beach, FL 33051 · 3bd/2.0ba · 1,200sf · Built N/A
$350,000
Asking Price
Asking Price
—
3.5% down, great for first-time buyers
Down Payment: $12,250
Loan Amount: $343,661
Fees / MIP: $5,911
Closing Costs: $10,500
Reserves (3mo): $7,220
Total Cash Needed: $29,970
Monthly Expenses
Mortgage P&I+MIP: $2,406.67
Property Tax: $568.75
Insurance: $160.00
HOA: $0.00
Maint + CapEx: $408.34
Vacancy + Mgmt: $296.53
Total: $3,840.28/mo
Returns
Market Rent (all units): $2,281
Your Rental Income: $2,281
Cashflow: $-1,559/mo
Annual: $-18,712/yr
Cash-on-Cash ROI: -62.4%
Cap Rate: 2.9% · DSCR: 0.95x
💡
CREATIVE FINANCING — HOW TO MAKE THIS DEAL WORK
This property shows $-1,559/mo negative cashflow with standard financing. Here are approaches that could turn it positive:
🤝 Seller Financing
Negotiate 10% down at 5.0% with the seller. Projected cashflow: $-844/mo (vs $-1,559/mo conventional).
💰 DSCR Loan (25% Down)
Higher down payment, lower rate (6.5%). Projected cashflow: $-812/mo — saves $747/mo.
👥 Rent by Room
Rent 3 rooms at ~$900/room = $2,700/mo. Projected cashflow: $-1,140/mo.
✈️
AIRBNB / SHORT-TERM RENTAL ANALYSIS
LEGAL
Confidence: 60%
AVG NIGHTLY
$230
OCCUPANCY
53%
GROSS / MO
$3,657
STR CASHFLOW
$-2,099/mo
STR vs LTR
-62%
BREAKEVEN OCC
77%
STR EXPENSES BREAKDOWN
Platform fees: $110
Cleaning: $509
Management (20%): $731
Utilities: $425
Taxes (12%): $439
Other: $343
Cleaning: $509
Management (20%): $731
Utilities: $425
Taxes (12%): $439
Other: $343
FURNITURE SETUP
Furniture: $7,900
Appliances: $800
Kitchen + Linens: $1,050
Electronics: $600
Decor + Supplies: $700
Total Setup: $11,350
Appliances: $800
Kitchen + Linens: $1,050
Electronics: $600
Decor + Supplies: $700
Total Setup: $11,350
🛡
LTR is safer bet
LTR: $-1,559/mo · STR: $-2,099/mo · CoC ROI: -73.9%
🏠 RENTAL COMPS
AVG MARKET RENT
$2,280/mo
RANGE
$2,280 – $2,280
CONFIDENCE
LOW
N/A
Our estimate
$2,280/mo ✅ Inline with market
No comparable rentals found in 33051
📍 NEIGHBORHOOD SCORE 🔒 Pro
▶TOP UPGRADES BY ROI
📷 Upload photos for AI analysis
| Pri | Upgrade | Cost | Value Add | ROI |
|---|---|---|---|---|
| CRIT | New A/C System | $7,500 | +$9,750 | 130% |
| CRIT | Electrical Panel Upgrade | $4,500 | +$5,400 | 120% |
| CRIT | Full Re-Pipe | $9,000 | +$9,900 | 110% |
| CRIT | Full Roof Replacement | $11,400 | +$12,540 | 110% |
| CRIT | Professional Deep Clean | $550 | +$2,750 | 500% |
🔨
FIX & FLIP
High Confidence
- • Strong forced equity potential (+$60,145)
- • Excellent reno ROI (169%)
- • Aging property (None) — renovation upside
- • Negative cashflow ($-1,559/mo) — poor rental hold
❌
IS IT WORTH IT?
NO — Walk Away
- • Heavy negative cashflow ($-1,559/mo)
- • Has flip exit strategy if hold doesn't work
🛡
NEIGHBORHOOD SAFETY
5/10
Moderate
Some crime concerns, exercise normal caution
30
AI Deal Score
30/100
🔴 Weak
🏠 OWNER / LANDLORD
Owner Not Yet Found County records searched automatically — open for manual lookup:
🔍 Search Monroe County Property Appraiser →
Owner Not Yet Found County records searched automatically — open for manual lookup:
🔍 Search Monroe County Property Appraiser →
📈 10-YEAR EQUITY PROJECTION
▶🔨 FIX & FLIP ANALYSIS
▶
F
22
601 W OCEAN Dr Unit 311D Single
Hollywood, FL 33051 · 2bd/2.5ba · 1,343sf · Built 1975
$574,000
Asking Price
Asking Price
—
3.5% down, great for first-time buyers
Down Payment: $20,090
Loan Amount: $563,603
Fees / MIP: $9,693
Closing Costs: $17,220
Reserves (3mo): $11,841
Total Cash Needed: $49,151
Monthly Expenses
Mortgage P&I+MIP: $3,946.94
Property Tax: $932.75
Insurance: $179.07
HOA: $2,008.00
Maint + CapEx: $669.66
Vacancy + Mgmt: $312.89
Total: $8,049.31/mo
Returns
Market Rent (all units): $2,407
Your Rental Income: $2,407
Cashflow: $-5,642/mo
Annual: $-67,710/yr
Cash-on-Cash ROI: -137.8%
Cap Rate: -3.5% · DSCR: 0.61x
💡
CREATIVE FINANCING — HOW TO MAKE THIS DEAL WORK
This property shows $-5,642/mo negative cashflow with standard financing. Here are approaches that could turn it positive:
🤝 Seller Financing
Negotiate 10% down at 5.0% with the seller. Projected cashflow: $-4,469/mo (vs $-5,642/mo conventional).
💰 DSCR Loan (25% Down)
Higher down payment, lower rate (6.5%). Projected cashflow: $-4,417/mo — saves $1,226/mo.
✈️
AIRBNB / SHORT-TERM RENTAL ANALYSIS
LEGAL
Confidence: 60%
AVG NIGHTLY
$170
OCCUPANCY
57%
GROSS / MO
$2,907
STR CASHFLOW
$-6,339/mo
STR vs LTR
-77%
BREAKEVEN OCC
100%
STR EXPENSES BREAKDOWN
Platform fees: $87
Cleaning: $462
Management (20%): $581
Utilities: $350
Taxes (12%): $349
Other: $278
Cleaning: $462
Management (20%): $581
Utilities: $350
Taxes (12%): $349
Other: $278
FURNITURE SETUP
Furniture: $6,100
Appliances: $800
Kitchen + Linens: $900
Electronics: $600
Decor + Supplies: $700
Total Setup: $9,400
Appliances: $800
Kitchen + Linens: $900
Electronics: $600
Decor + Supplies: $700
Total Setup: $9,400
🛡
LTR is safer bet
LTR: $-5,642/mo · STR: $-6,339/mo · CoC ROI: -162.8%
🏠 RENTAL COMPS
AVG MARKET RENT
$2,406/mo
RANGE
$2,406 – $2,406
CONFIDENCE
LOW
N/A
Our estimate
$2,406/mo ✅ Inline with market
No comparable rentals found in 33051
📍 NEIGHBORHOOD SCORE 🔒 Pro
▶TOP UPGRADES BY ROI
📷 Upload photos for AI analysis
| Pri | Upgrade | Cost | Value Add | ROI |
|---|---|---|---|---|
| CRIT | New A/C System | $7,500 | +$9,750 | 130% |
| CRIT | Electrical Panel Upgrade | $4,500 | +$5,400 | 120% |
| CRIT | Full Re-Pipe | $9,000 | +$9,900 | 110% |
| CRIT | Full Roof Replacement | $12,758 | +$14,034 | 110% |
| CRIT | Professional Deep Clean | $550 | +$2,750 | 500% |
🔨
FIX & FLIP
High Confidence
- • Strong forced equity potential (+$62,290)
- • Excellent reno ROI (169%)
- • Older build (1975) — high value-add potential
- • Negative cashflow ($-5,642/mo) — poor rental hold
❌
IS IT WORTH IT?
NO — Walk Away
- • Heavy negative cashflow ($-5,642/mo)
- • Has flip exit strategy if hold doesn't work
🛡
NEIGHBORHOOD SAFETY
5/10
Moderate
Some crime concerns, exercise normal caution
22
AI Deal Score
22/100
❌ Skip
🏠 OWNER / LANDLORD
Owner Not Yet Found County records searched automatically — open for manual lookup:
🔍 Search Monroe County Property Appraiser →
Owner Not Yet Found County records searched automatically — open for manual lookup:
🔍 Search Monroe County Property Appraiser →
📈 10-YEAR EQUITY PROJECTION
▶🔨 FIX & FLIP ANALYSIS
▶
F
22
601 W Ocean Dr Unit 105D Single
Hollywood, FL 33051 · 2bd/2.5ba · 1,344sf · Built 1975
$549,000
Asking Price
Asking Price
—
3.5% down, great for first-time buyers
Down Payment: $19,215
Loan Amount: $539,056
Fees / MIP: $9,271
Closing Costs: $16,470
Reserves (3mo): $11,325
Total Cash Needed: $47,010
Monthly Expenses
Mortgage P&I+MIP: $3,775.04
Property Tax: $892.12
Insurance: $179.20
HOA: $2,008.00
Maint + CapEx: $640.50
Vacancy + Mgmt: $308.91
Total: $7,803.78/mo
Returns
Market Rent (all units): $2,376
Your Rental Income: $2,376
Cashflow: $-5,428/mo
Annual: $-65,130/yr
Cash-on-Cash ROI: -138.6%
Cap Rate: -3.6% · DSCR: 0.63x
💡
CREATIVE FINANCING — HOW TO MAKE THIS DEAL WORK
This property shows $-5,428/mo negative cashflow with standard financing. Here are approaches that could turn it positive:
🤝 Seller Financing
Negotiate 10% down at 5.0% with the seller. Projected cashflow: $-4,305/mo (vs $-5,428/mo conventional).
💰 DSCR Loan (25% Down)
Higher down payment, lower rate (6.5%). Projected cashflow: $-4,255/mo — saves $1,173/mo.
✈️
AIRBNB / SHORT-TERM RENTAL ANALYSIS
LEGAL
Confidence: 60%
AVG NIGHTLY
$170
OCCUPANCY
57%
GROSS / MO
$2,907
STR CASHFLOW
$-6,126/mo
STR vs LTR
-77%
BREAKEVEN OCC
100%
STR EXPENSES BREAKDOWN
Platform fees: $87
Cleaning: $462
Management (20%): $581
Utilities: $350
Taxes (12%): $349
Other: $278
Cleaning: $462
Management (20%): $581
Utilities: $350
Taxes (12%): $349
Other: $278
FURNITURE SETUP
Furniture: $6,100
Appliances: $800
Kitchen + Linens: $900
Electronics: $600
Decor + Supplies: $700
Total Setup: $9,400
Appliances: $800
Kitchen + Linens: $900
Electronics: $600
Decor + Supplies: $700
Total Setup: $9,400
🛡
LTR is safer bet
LTR: $-5,428/mo · STR: $-6,126/mo · CoC ROI: -163.1%
🏠 RENTAL COMPS
AVG MARKET RENT
$2,376/mo
RANGE
$2,376 – $2,376
CONFIDENCE
LOW
N/A
Our estimate
$2,376/mo ✅ Inline with market
No comparable rentals found in 33051
📍 NEIGHBORHOOD SCORE 🔒 Pro
▶TOP UPGRADES BY ROI
📷 Upload photos for AI analysis
| Pri | Upgrade | Cost | Value Add | ROI |
|---|---|---|---|---|
| CRIT | New A/C System | $7,500 | +$9,750 | 130% |
| CRIT | Electrical Panel Upgrade | $4,500 | +$5,400 | 120% |
| CRIT | Full Re-Pipe | $9,000 | +$9,900 | 110% |
| CRIT | Full Roof Replacement | $12,768 | +$14,045 | 110% |
| CRIT | Professional Deep Clean | $550 | +$2,750 | 500% |
🔨
FIX & FLIP
High Confidence
- • Strong forced equity potential (+$62,305)
- • Excellent reno ROI (169%)
- • Older build (1975) — high value-add potential
- • Negative cashflow ($-5,428/mo) — poor rental hold
❌
IS IT WORTH IT?
NO — Walk Away
- • Heavy negative cashflow ($-5,428/mo)
- • Has flip exit strategy if hold doesn't work
🛡
NEIGHBORHOOD SAFETY
5/10
Moderate
Some crime concerns, exercise normal caution
22
AI Deal Score
22/100
❌ Skip
🏠 OWNER / LANDLORD
Owner Not Yet Found County records searched automatically — open for manual lookup:
🔍 Search Monroe County Property Appraiser →
Owner Not Yet Found County records searched automatically — open for manual lookup:
🔍 Search Monroe County Property Appraiser →
📈 10-YEAR EQUITY PROJECTION
▶🔨 FIX & FLIP ANALYSIS
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