$1,400,000
●
House -
Off Market
348 Balboa Street
Hollywood, FL 33019
3 Beds
3 Baths,
1
Half Bath
2,953 Ft²
$2,412,809
RealtyHop Estimate
51.27%
Since Oct 1, 2018
National-US
Primary Model
About This Property
LAST ONE Chic/Contemporary California Modern NEW CONSTRUCTION
located on ocean block with direct beach access just a few steps
away. Three floors of living space offers incredible OCEAN &
INTRACOASTAL VIEWS, high ceilings, wet bar, 3 bedrooms, 3 and 1/2
bathrooms, a Den which can easily be converted to a 4th bedroom, 2
zone AC, tankless water heater, oversized Garage & an Elevator.
The master bathroom hosts a seamless shower, floating tub,
bidet, 2 sinks, as well as his & her closets. Other refined
finishes include wood style plank porcelain flooring, Italian
chef's kitchen with 23' cabinets & Gas Cooktop & Bathrooms
with top-tier Grohe Fixtures. The Rooftop Deck features a gas
barbecue & constructed to accommodate an 8 person jacuzzi.
Perfect for You and AirBnB. NO H.O.A. FEES
Unit Size
2,953 Ft²
Days on Market
362 days
Land Size
0.07 acres
Price per sqft
$540
Property Type
House
Property Taxes
$503
HOA Dues
-
Year Built
2018
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 9 months ago (Beaches MLS #R10368644)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 4, 2022 | Sold | ||
| Sold | |||
| Jul 1, 2022 | Listed by Engel & Volkers Wellington | $2,399,000 | |
| Listed by Engel & Volkers Wellington | |||
| Oct 3, 2018 | No longer available | - | |
| No longer available | |||
| Sep 26, 2018 | Sold | ||
| Sold | |||
| Jun 8, 2018 | Listed | $1,595,000 | |
| Listed | |||
| | |||
|
Chic and contemporary 'California Modern' style new construction opportunity located on ocean block with direct beach access just a few steps away! Three floors of living space offers residents incredible ocean views, high ceilings, a wet bar, 3 bedrooms, 3 and one half bathrooms, a den which can easily be converted to a fourth bedroom, 2 zone AC, tankless water heater, oversized garage and an elevator to move about the residence freely. The master bathroom space hosts a bidet, two sinks, as well as his and her closets. Other refined finishes include wood style plank porcelain flooring, Italian chef's kitchen with 23' cabinets and bathrooms with top-tier Grohe fixtures. The hip rooftop deck features a gas barbecue and constructed to accommodate an eight person jacuzzi. The manager has listed the unit size as 2953 square feet.
| |||
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Property Highlights
Elevator
Garage
Parking Available
Air Conditioning
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About North Beach
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Listed by: Darren Marotta LLC
Engel & Volkers Wellington
Last Updated: 9 months ago
Data Source: Beaches MLS, MLS# R10368644
All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2026 Beaches Multiple Listing Service, Inc. Information 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. The listing broker's offer of compensation is made to participants of BeachesMLS, where the listing is filed, as well as participants of MLSs participating in MLSAdvantage or a data share with BeachesMLS.
Engel & Volkers Wellington
Last Updated: 9 months ago
Data Source: Beaches MLS, MLS# R10368644
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