$2,850,000
$3,150,000
9.5%For more information regarding the value of a property, please contact us for a free consultation.
Address not disclosed Hollywood, FL 33020
9,696 SqFt
Key Details
Sold Price $2,850,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 9,696 sqft
Price per Sqft $293
Subdivision Hollywood
MLS Listing ID A11336020
Sold Date 12/22/23
Construction Status Effective Year Built
HOA Y/N No
Year Built 2018
Annual Tax Amount $31,409
Tax Year 2022
Contingent Pending Inspections
Property Sub-Type Multi Family
Property Description
Premier multi-family investment property. Built in 2018, with a total of 9,696 square feet building on a total of 20,872 square feet land. Six (6) townhouses, 1,616 square feet each. Units 3 bedrooms/2 full baths/1 half bath. The property is located 14 blocks from downtown Hollywood and is in close proximity to area employment, education and entertainment opportunities. With rents significantly below market, a new owner can continue to update rents to market levels to increase cash flow. On the other hand, Hollywood allows Short-Term Rentals, which can increase income, compared to the current use of Long-Term Rentals.
Location
State FL
County Broward County
Community Hollywood
Area 3050
Interior
Heating Central
Cooling Central Air
Flooring Carpet, Ceramic Tile, Vinyl
Exterior
Pool None
Utilities Available Cable Available
Roof Type Concrete
Total Parking Spaces 13
Private Pool No
Building
Lot Description 1/4 to 1/2 Acre Lot
Story 2
Sewer Public Sewer
Level or Stories Two
Structure Type Block
Construction Status Effective Year Built
Others
Tax ID 514215010260
Acceptable Financing Cash, Conventional, Owner May Carry, Other
Listing Terms Cash, Conventional, Owner May Carry, Other
Financing Cash
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Bought with United Realty Group Inc