Address Not Available By Request

    Hollywood, FL 33020
    • $1,849,000
    • STATUS: Active
    • ON SITE: 8 days
    • MLS #: A10553002
    UPDATED: 35 min ago
    $1,849,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1945
    County:
    Area:

    School Ratings & Info

    Description

    The apartment complex is located on a huge 20,953 sf lot. It is 1 block west of Federal Highway. Most tenants are month to month but have been renters for up to 8 years. All units have updated kitchens and consist of 6-studios ($775/m each), 4-one bedroom ($800/month each), 1-2/2 ($850/month), 2 small studios ($675/month each). Built in 1945, with 13 parking spots. The cap rate is 6% but rents are below market. Owner has current active hotel license. Property can easily be turned back to a hotel. Zoned C2 (mixed use commercial) for up to 10 story building. Please see photos and attachments. DO NOT APPROACH TENANTS!

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    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 2018-10-20T08:40:41.47.
    www.welovesouthflorida.com/homes/88403869

    Address Not Available By Request Hollywood, FL 33020

    • Price: $1,849,000
    • Status: Active
    • Updated: 35 min ago
    • MLS #: A10553002
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    1945
    Built
    Neighborhood:
    3070
    County:
    Broward
    Area:
    3070
    Property Description
    The apartment complex is located on a huge 20,953 sf lot. It is 1 block west of Federal Highway. Most tenants are month to month but have been renters for up to 8 years. All units have updated kitchens and consist of 6-studios ($775/m each), 4-one bedroom ($800/month each), 1-2/2 ($850/month), 2 small studios ($675/month each). Built in 1945, with 13 parking spots. The cap rate is 6% but rents are below market. Owner has current active hotel license. Property can easily be turned back to a hotel. Zoned C2 (mixed use commercial) for up to 10 story building. Please see photos and attachments. DO NOT APPROACH TENANTS!
    Exterior Features

    Construction Type Concrete Block Construction Exterior Features Patio Num Parking Spaces 13 Pool Yn No Roof Description Other Roof Storm Protection Clear Impact GlassComplete Panel Shutters/Awnings Style Fourplex Waterfront Property Yn No

    Interior Features

    Cooling Description Wall/Window Unit Cooling Floor Description Terrazzo Floors Heating Description Window/Wall

    Property Features

    Approximate Lot Size 20953 Association Type None Cable Available YN Yes Flood Zone X Information Available AppraisalFinancial StatementInvestment AnalysisRent Rolls Lot Description 1 To Less Than 2 Acre Lot Property Type Information DetachedSubstantially Remodeled Rent Includes SewerWater Reo YN No Section 10 Separate Meter Yn Yes Sewer Description Municipal Sewer Short Sale Yn No Spa Yn No Subdivision Complex Bldg Frank Add To Hollywood Tax Amount 16195 Tax Information Tax Reflects No Exemptions Tax Year 2017 Terms Considered All CashConventionalExchange Typeof Property Fourplex Water Description Municipal Water Year Built Description Resale

    Listing courtesy of Keller Williams Eagle 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 2018-10-20T08:40:41.47.
     
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