The thesis

Why we bought this

Turnkey on the 16th floor, sold fully furnished at $845K - packaged so the buyer could close on Friday and sleep there Saturday.

Some buyers pay for the residence; others pay for the absence of friction. This 16th-floor unit, with ocean and Intracoastal views from every window, was listed and sold by SunSt at $845,000 fully furnished. Selling furnished is a positioning decision, not a throw-in: it targets out-of-market and seasonal buyers who value immediate usability over decorating control, it shortens the mental distance between showing and offer, and in a building with rental flexibility it lets an investor put the unit to work without a furnishing budget or timeline. The listing was marketed as a finished product - walk in, close, use - and the buyer who valued exactly that stepped forward.

Highlights

What made this one work

  • $845,000 closing price
  • Sold fully furnished
  • 16th floor, ocean and Intracoastal exposure
  • Listed and sold by SunSt
The asset

What you're buying

Address2080 S Ocean Dr #1610, Hallandale Beach, FL 33009
CityHallandale Beach
CountyBroward
Property typeOceanfront Condo
Year built2002
Gallery

Inside the property

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The numbers

The math behind the deal

Financing assumptions estimate
30% down7.25% rate25-yr amort
Full numbers

See the cap rate, rent roll, comps & exits

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Plain English

What the numbers mean

Furniture rarely appraises, but readiness sells. For seasonal and remote buyers, a turnkey package removes months of logistics - and that convenience shows up as a faster contract at a defended price rather than as a line item.

Note

From the agent

SunSt packaged and marketed the furnished offering and closed the sale for the seller.

Takeaway

The bottom line

The product was not the unit. It was the unit, ready.

Selling a furnished condo? Ask SunSt whether turnkey positioning fits your buyer pool.

FAQ

Common questions

What did unit 1610 sell for?+

$845,000, fully furnished, with SunSt representing the seller.

Why sell furnished?+

It targets seasonal and out-of-market buyers who value immediate usability, shortens time to offer, and lets investor buyers deploy the unit without a furnishing phase.

Does furniture add appraised value?+

Generally no - its value is convenience and speed, which support the contract price rather than the appraisal.

Represented by
SunSt packaged and marketed the furnished offering and closed the sale for the seller.
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All information is deemed reliable but not guaranteed and should be independently verified. Pro-forma figures marked "estimate" reflect the memo author's underwriting and are not appraisals. Cap rates and price-per-SF are calculated from the fields on this page and update as those fields do.