- Properties
- Meet our agents
-
Communities
- Fort Lauderdale
- Miami and Greater Miami
- West Palm Beach & the Palm Beaches
- South Florida Waterfront Communities & Boating Neighborhoods
- Rio Vista
- Las Olas Isles
- Harbor Beach
- Idlewyld
- Coral Ridge
- Victoria Park
- Tarpon River
- Sailboat Bend
- Riverside Park
- Croissant Park
- River Oaks
- Edgewood
- Harbour Inlet and Harbour Isles
- Golden Beach Real Estate
- Boca Raton and Delray Beach
- The Most Exclusive Country Club Communities in South Florida
- Broward County Communities
- Other Communities in Miami-Dade County
- Other Communities in Palm Beach County
- Commercial Real Estate
- Curious What Your Home Is Worth in South Florida?
- Market Report
- Home Value
Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1959
Sq.Footage
7,445
Rarely available 10-unit multifamily property in the heart of Hollywood, Florida — fully occupied, cash-flowing from day one, and priced extremely competitively. Comprising two well-maintained buildings totaling 7,445sq.ft. on a generous 20,060sq.ft. lot, this asset delivers immediate NOI of $158,414 annually, 7.03% Cap Rate and meaningful rent upside still on the table. The unit mix — seven 1BR/1BA, two 2BR/1BA and one 3BR/2BA — attracts a broad renter demographic, reducing vacancy risk across market cycles. Both buildings received a new roof and new wall AC units, dramatically reducing near-term capex exposure and making this a true turnkey acquisition. The location is exceptional. Situated just blocks from Downtown Hollywood's vibrant ArtsPark and restaurant corridor, and only 7 minutes from the award-winning Hollywood Beachfront Broadwalk, demand for rentals here is structural and persistent. Fort Lauderdale–Hollywood International Airport (FLL) is 15 minutes away, and easy I-95 access puts Miami in 25 minutes and Boca Raton in 30 minutes. Zoned DH-2, the site permits up to 4 stories and 45 feet in height — giving a future owner optionality to redevelop at higher density as Hollywood's Downtown corridor continues its rapid appreciation trajectory. Twenty stacked parking spaces are a premium differentiator in this urban submarket. For more information and to schedule a showing, please call today!
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Cooling YN
YES
-
Cooling
Wall/Window Unit(s)
-
Heating YN
YES
-
Heating
Wall Furnace
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Brick, Block
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Property Type
Residential Income
-
Property Sub Type
Quadruplex
-
Architectural Style
Fourplex
Price
-
Sales Price
$2,255,000
-
Tax Amount
$38,956
-
Zoning
DH-2
-
Sq. Footage
7, 445
-
Price/SqFt
$302
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Stories
1
-
Sewer
Septic Tank
Schedule a Showing
Showing scheduled successfully.
Mortgage calculator
Estimate your monthly mortgage payment, including the principal and interest, property taxes, and HOA. Adjust the values to generate a more accurate rate.
Your payment
Principal and Interest:
$
Property taxes:
$
HOA fees:
$
Total loan payment:
$
Total interest amount:
$
Location
County
Broward
Elementary School
Middle School
High School
Listing Courtesy of Mariya Stoyanova , United Realty Group Inc
RealHub Information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. RealHub website owner shall not be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
Realtor
Jarrod Gaylis
Call Jarrod today to schedule a private showing.
* Listings on this website come from the FMLS IDX Compilation and may be held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please click here to review our DMCA policy and learn how to submit a takedown request.© 2024 FMLS.