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Listing A10553002

Hollywood, FL 33020
  • $1,849,000

    Price
  • 0

    Bed
  • 0

    Bath
  • 4,868

    SqFt

About the Listing KWER01 - 0687911

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!

Listing Highlights

Status Active
Days on Site 11
Property Type Multi-Family
MLS ® A10553002
Year Built 1945
Total Square Footage 4,868
Lot/Acreage 20953

Interior Details

  • Bedrooms: 0
  • Bathrooms: 0 Full
  • Appliances:
  • Air Cond: Wall/Window Unit Cooling
  • Heating: Window/Wall
  • Fireplaces:
  • Floor: Terrazzo Floors
  • Basement:
  • Other:
  • Water: Municipal Water

Exterior Details

  • Lot Description: 1 To Less Than 2 Acre Lot
  • Garage Capacity: N/A
  • Lot Dimensions: 20953
  • Zoning: 02
  • Roof: Other Roof
  • Others: Concrete Block Construction,Patio
  • Sewer: Municipal Sewer
  • Above Ground Sq Ft:
  • Below Ground Sq Ft:

Financial Details

  • Tax Amount: $16,195
  • Taxes w/Assessments: N/A
  • Tax/Property ID: N/A
  • Tax Year: 2017

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Listing A10553002 Hollywood, FL 33020

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Listing Courtesy of Jack Coden, Keller Williams Eagle Realty

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