UPDATED:
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
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
"We recognize that real estate ventures involve more than just transactions; they’re intricate puzzles that demand strategic thinking and a keen understanding of the numbers. With years of experience in the industry, we bring a wealth of knowledge and expertise to the table, ensuring that every client receives tailored solutions to meet their unique needs."
1655 N Commerce Parkway, Suite 204, Weston, Florida, 33326, United States