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Key Details
Sold Price $1,050,000
Property Type Multi-Family
Sub Type Income/Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Hollywood Beach Heights - 6101
MLS Listing ID F10469554
Sold Date 01/17/25
Construction Status Resale
HOA Y/N Yes
Total Fin. Sqft 10787
Year Built 1973
Annual Tax Amount $14,863
Tax Year 2023
Lot Size 10,787 Sqft
Property Description
Prime commercial multifamily investment opportunity in Hollywood, Florida. This six-unit apartment building boast long-term tenants generating consistent cash flow, ideally situated near the iconic Hard Rock Hotel & Casino. With proximity to Hollywood Beach Boardwalk, I-95, US1 & Turnpike. This property benefits from nearby development areas, including Hollywood Downtown Revitalization. Featuring six spacious units, 100% tenant occupancy, consistent rental Income, recent updates, ample parking and prime development potential. Let's talk about potential as there is lots of potential for appreciation through area redevelopment!
Location
State FL
County Broward County
Area Hollywood East (3010-3050)
Zoning C-MU
Interior
Heating Central Individual A/C
Cooling Central Individual A/C
Flooring Ceramic Floor
Exterior
Water Access N
Roof Type Comp Shingle Roof
Private Pool No
Building
Story 2.0000
Foundation Concrete Block Construction, Cbs Construction
Sewer Septic Tank
Water Public Water
Construction Status Resale
Others
Pets Allowed No
Ownership Other Ownership
Acceptable Financing Cash, Conventional/Refinance
Listing Terms Cash, Conventional/Refinance
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Bought with Fidelity Real Estate LLC
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Milton Knight, CRS
Principal Real Estate Broker | License ID: 0663675
Principal Real Estate Broker License ID: 0663675