The story
- Pool
- Waterfront
Unit UNIT PH16R at 3901 South Ocean Drive is a 1-bedroom, 1-bathroom condo in Hollywood, FL with 812 sq ft of living space and 1 garage space, built in 1969. It is currently listed at $430,000, with a monthly HOA fee of $933. Highlights include a waterfront setting and a pool.
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