1925-1927 Rodman St new Save Request In-Person Tour Request Virtual Tour
Hollywood,FL 33020
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,086 sqft
Price per Sqft $767
Subdivision Hollywood South Side Add
MLS Listing ID A11875379
HOA Y/N No
Year Built 1926
Annual Tax Amount $6,183
Tax Year 2024
Property Sub-Type Duplex
Property Description
1925 & 1927 Rodman St, Hollywood, FL 33020 — two adjacent properties offered together with a combined lot size of 10,844 sq. ft. Zoned for redevelopment, the site allows for up to 5 stories and 18 units, making it a rare development opportunity in a highly sought-after area.
Currently, the properties feature 4 tenant-occupied units generating a gross annual rental income of $102,600. With an NOI of $100,648 and a strong 7.74% cap rate, this investment delivers both immediate income and long-term growth potential.
Just 9 minutes from Hollywood Beach, the location offers excellent proximity to shopping, dining, and entertainment. Flood insurance is not required.
Note: Properties must be sold together
Location
State FL
County Broward
Community Hollywood South Side Add
Area 3050
Interior
Heating Central
Cooling Central Air
Flooring Other
Exterior
Pool None
Utilities Available Cable Available
Roof Type Other
Total Parking Spaces 2
Private Pool No
Building
Lot Description < 1/4 Acre
Story 1
Sewer Other
Level or Stories One
Structure Type Other
Others
Tax ID 514222101220
Acceptable Financing Conventional,Other
Listing Terms Conventional,Other
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11875379