1985 S Ocean Drive #Pha, Hallandale, FL, 33009
About This Home
Great investment opportunity with immediate rental income. This nicely updated penthouse condo offers a spacious 1 bed/1.5 bath layout with nearly 900 SF of comfortable living space. The unit is filled with natural light and features tile flooring in the living areas and brand-new carpet in the bedroom, along with gorgeous panoramic views of the Intracoastal and beach from the private balcony. Currently tenant-occupied at $2,200/month (tenant willing to stay), making this an excellent income-producing property. Enjoy resort-style amenities including two swimming pools, tennis courts, basketball court, two fitness centers, sauna and steam rooms, marina, beach service, valet parking, courtesy shuttle, two restaurants, two mini-markets, and 24-hour security.Conveniently located near shopping, dining, expressways, casinos, and major airports. A rare opportunity to own a beautifully updated penthouse in a highly sought-after beachfront community.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Property condition: Resale
- Year built: 1973
Materials
- Construction materials: Concrete
Type & Style
- Home type: Condo
- Property subType: Condominium
Interior
Appliances
- Appliances included: Dishwasher,Refrigerator
Bedrooms & Bathrooms
- Bedrooms: 1
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
Features
- None,Walk-In Closet(s)
- Flooring: Carpet
Heating & Cooling
- Heating features: Central
- Cooling features: Central Air
Interior Area
- Total structure area: 870
- Total interior livable area: 870 sqft
Kitchen
- Level: Main
- Area: 0
- Dimensions: 0 X 0
Living Room
- Level: Main
- Area: 0
- Dimensions: 0 X 0
Master Bedroom
- Level: Main
- Area: 0
- Dimensions: 0 X 0
Property
Details
- Parcel number: 514226gk3210
- Zoning: RM-25
Features
- Pool features: Association
- Has view: Yes
- View description: Intercoastal,Ocean
- Has water view: Yes
- Water view: Intercoastal,Ocean
- On waterfront: Yes
- Waterfront features: Intracoastal Access,Ocean Front
Parking
- Total spaces: 1
- Parking features: Open
- Has uncovered spaces: Yes
- Uncovered spaces: 1
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Hurricane
- Coastal Flooding
- Heat Wave
- Lightning
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters in Broward County and Florida
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $1,719 | $20,628 |
| Home Insurance * | $539 | $6,468 |
| Property Taxes | $271 | $3,252 |
| Electricity | $197 | $2,366 |
| Total | $2,726 | $32,712 |
Income You'd Need if You Spent...
Florida FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-01-21 | Listed for sale | $340,000 |
| 2024-01-17 | Sold | $285,000 |
| 2024-01-04 | Pending sale | $329,000 |
| 2023-12-19 | Price change | $329,000 |
| 2023-12-07 | Price change | $339,000 |
| 2023-11-20 | Price change | $349,000 |
| 2023-10-30 | Price change | $359,000 |
| 2023-09-22 | Price change | $379,000 |
| 2023-08-20 | Listed for sale | $399,000 |
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