This turn-key property is located on one parcel of land including a total of 9 units containing 2 two bedroom 1 bath, 2 one bedroom 1 bath and 5 efficiencies. The public records indicates 8 units.Every unit has been maintained to a high standard, this property is in optimal condition. More than that there is a very convenient laundry room on the premise. As well as property was recently painted and updated. Market Cap rate is 9% The beautiful property is located in the very desirable location of Hollywood, FL. It is placed half a block west of US 1, just north of the very active Hollywood Blvd. Thus, making this property walking distance from any and all needs of an individual. This property is a great investment opportunity for any investor and comes with no headaches in return. The owner pays for water, sewer, trash and electricity.
Prime Investment property located right in RED HOT Downtown Hollywood. Ideal for Office, Cafe, Specialty Retail, Live/Work. Beautiful mid-century modern property with Dade county pine floors,lush landscape 1/2 block to Trolley to Beach or Tri-Rail Station and Public Parking Garage. Possible assemblage of adjacent properties possible for development for up to 80 units Currently leased for $3,385 per month (tenants can vacate in 30 days)
Duplex with 3 Bed 2 Bath. Total Sq Ft LA 1,617 and a 7,037 Sq Ft Lot. Centrally located in the municipality of Hollywood Bay just east of Fl. Turnpike and walking distance to stores, banks and schools. The property is an updated duplex in move in condition.
4-PLEX FOR SALE 4-UNITS 1/1 ALL RENOVATED. ALL RENTED. The subject property is located in a strong rental market with very high demand
Seller motivated! Fantastic opportunity for rental income or redevelopment. 16 Room Motel plus adjacent 2 story 4 plex. Both currently operating as long term rental units. Fully occupied. All rents are well below market. Huge add value to operator who would utilize the motel license and rent short term to potentially double the existing cap rate. 4-Plex consists of 2 1/1s and 2 2/1s also fully occupied with long term tenants. All reasonable offers will be entertained.
Package deal ,2 Folio Numbers ,6 Units , three garages. Great redevelopment opportunity , right in front of a future Hollywood Charter School and close to Barry University .
Move Fast On This One! 20,500 SF of land zoned RM-18 (potential to build up to 4 townhomes. A great income producing market in central Hollywood. 8% cap rate. 5 units plus a 2/1 remodeled detached house. Total 6 units broken down as: (4) efficiencies/studios, (1) 1bd/1ba, (1) 2bd/1ba. some units are non conforming. Property is situated on a over-sized lot 20,000 SF + 8 parking spaces, great potential to expand or build 12 units (subject to variance). Units are fully occupied on a month to month tenancy, current rent is below market rate, Motivated Seller, Seller willing to hold mortgage w at least 50 percent or down at 4% interest only. no pre payment penalty. 5 year balloon, TLC needed for the front unit. seller is willing to negotiate credit to buyer during inspection for necessary repairs needed.
2029 - 2033 Funston St is a multi-family located in Hollywood. The 9 unit apartment complex has approximately 5,445 square feet ,a lot size of 0.37 acres and was built in 1959 & 1971. The property itself has three separate, one story, CBS structures arranged in such a manner that there is an inviting courtyard patio area for the tenants. The interior units have been renovated with newer kitchen cabinets, granite tile countertops and ceramic tile floors. Overall the units are in very good condition. Rents can be improved upon with very little resistance. ******** call or email for a complete sales prospectus containing all income and expenses etc.***
ADDED VALUE OPPORTUNITY $715/Mth for (1/1) Apt. 2308 Jackson St is a 9 unit Multi-Family property located in Hollywood FL. 2308 Jackson St. It consists of 9 one bedroom one bath apartments and approximately 4,806 square feet. The property was originally built in 1959 however in the 1990' s seven (7) additional units were constructed. Almost all apartments have newer appliances. The HVAC is a mix if central (7 units) and unit A/C' s (2 units). Parking appears ample. 2308 Jackson St is in the Highland Garden neighborhood in Hollywood, FL. The average list price for Highland Garden is $184,523.
$3,350,000Size Upon Req.
Royal Garden has 50 leasable pads. Located in desirable Hollywood Florida. This is a fee simple transaction with no ground leases. Property is currently 100% occupied. There is very little maintenance with low operating expenses. This park has a manager on site and is very easy to manage and operate. The total lot size is 71,988 sq ft (1.65 acres). It is very feasible this location can be developed into a residential apartment building, or commercial project. This property has over 220 feet of street frontage on Johnson St which is a major artery. Royal Garden is currently grossing $25,050 monthly, $300,600 annually. The expenses are $2,667 monthly, $32,009 annually. The actual net operating income is $268,716 annually. This NOI provides an investor a strong capitalization rate of 8.02% at the full asking price of $3,350,000. Conventional financing available 65% loan value at 4.75% rate fixed for 5 years, 20 years amortization term. Please see attached package for dull financials and additional information. Please do not disturb any of the current tenants, all showings must be done by discrete drive by only.