2101 N 16th Ave

    Hollywood, FL 33020
    • $975,000
    • STATUS: Active
    • ON SITE: 30 days
    • MLS #: A10507569
    UPDATED: 43 min ago
    $975,000
    • 0
      BEDS
    • 0.23
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    Built:
    1968
    County:
    Area:

    School Ratings & Info

    Description

    Former licensed assisted living facility that needs converted to 8-10 apartments. Fully renovated, new roof, new HVAC, new bathrooms, new floors, new impact windows and doors, new fencing, new lighting and much more. Easy conversion back to multifamily but just adding a few kitchens. Adjacent lot to the South is included. When fully leased up this property should yield an investor $129,472 in net income providing an investor a 13% capitalization rate on a pro-forma basis.

    Monthly Payment Calculator



    Copyright 2018, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. The data relating to real estate for sale on this web site comes in part from the participating Associations/MLS’s in the Southeast Florida Regional Multiple Listing Service cooperative agreement, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. The information being provided is 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. Information is deemed reliable but not guaranteed. Copyright 2018, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. Use of search facilities of data on the site, other than a consumer looking to purchase real estate, is prohibited. Data last updated 2018-08-20T08:41:27.67.
    www.welovesouthflorida.com/homes/85812482

    2101 N 16th Ave Hollywood, FL 33020

    • Price: $975,000
    • Status: Active
    • Updated: 43 min ago
    • MLS #: A10507569
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.23
    Acres
    1968
    Built
    Neighborhood:
    3030
    County:
    Broward
    Area:
    3030
    Property Description
    Former licensed assisted living facility that needs converted to 8-10 apartments. Fully renovated, new roof, new HVAC, new bathrooms, new floors, new impact windows and doors, new fencing, new lighting and much more. Easy conversion back to multifamily but just adding a few kitchens. Adjacent lot to the South is included. When fully leased up this property should yield an investor $129,472 in net income providing an investor a 13% capitalization rate on a pro-forma basis.
    Exterior Features

    Num Loading Doors 0 Num Parking Spaces 6 Parking Description Other Parking Waterfront Property Yn No

    Interior Features

    Interior Ceiling Height 0.0000 Maximum Ceiling Height 0.0000 Num Offices 0

    Property Features

    Approximate Lot Size 20000 Electric Service 110 Volts Power Flood Zone Ae Num Bays 0 Section 10 Tax Amount 8736 Tax Year 2017

    Listing courtesy of Re/Max 5 Star Realty.


    Copyright 2018, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. The data relating to real estate for sale on this web site comes in part from the participating Associations/MLS’s in the Southeast Florida Regional Multiple Listing Service cooperative agreement, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. The information being provided is 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. Information is deemed reliable but not guaranteed. Copyright 2018, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. Use of search facilities of data on the site, other than a consumer looking to purchase real estate, is prohibited. Data last updated 2018-08-20T08:41:27.67.
     
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