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3901 S Ocean Dr #PH16R
Hollywood, FL 33019
Listing courtesy of EXP Realty LLC. Contact: [email protected].
Seller Motivated. Exceptional Turnkey Beachfront Penthouse | High-Income Investment Opportunity Positioned in one of Hollywood Beach's most sought-after oceanfront locations, this fully furnished top-floor penthouse presents a rare opportunity for investors seeking immediate cash flow and long-term appreciation. Currently operating as a successful short-term rental, this turnkey residence is ready to generate income from day one. Short-term rentals are permitted, making it an ideal asset for both domestic and international buyers looking to diversify their real estate portfolio or secure a luxury vacation home with proven income potential. The penthouse features abundant natural light, a functional open layout, and the privacy of a top-floor residence—qualities that consistently appeal to vacation renters. Residents and guests enjoy resort-style amenities including beach service, valet parking, and an on-site convenience store, enhancing the overall guest experience and rental performance. Investment Highlights • Turnkey, fully furnished residence • Immediate income-producing asset • Short-term rentals allowed • Prime beachfront location in Hollywood Beach • Strong demand from vacation travelers • Excellent opportunity for personal use and investment
- Principal and interest
- $2,174
- Property tax
- $643
- Homeowners insurance
- $267
- HOA
- $933
An estimate, not a loan offer. The rate and insurance are assumptions to edit with your own quotes; Florida insurance varies widely by age, construction and distance to the coast. Flood insurance and PMI are not included.
Estimate: the price times the Broward County average total millage (19.86 mills, Florida Department of Revenue, 2025 average total millage by county), less the homestead exemptions. The actual bill depends on the city, the assessed value and special assessments. Save Our Homes then caps annual assessment increases at 3% or inflation, whichever is lower.
The full yearly cost of owning this home: property tax levy by levy from the published millage of the parcel’s taxing district (a mailing city is not always inside its city limits), the Save Our Homes cap, HOA and the insurance quotes to get.
Sources: FEMA National Flood Hazard Layer and the Florida Division of Emergency Management evacuation zones, looked up at the listing point. Confirm with an elevation certificate and your insurer.
Listing data provided by the Southeast Florida Multiple Listing Service (MIAMI REALTORS®). The data is deemed reliable but is not guaranteed accurate by the MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and is deemed reliable but is not guaranteed accurate by the MLS. Atlantic Luxury Advisors is a real estate team at Keller Williams Realty Services. Payment, tax and flood figures on this page are estimates by Atlantic Luxury Advisors, not MLS data.