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1859 Lincoln St
Hollywood, FL 33020 Royal Poinciana

$1,450,000 USD

Apartments For Sale • 3,869 SF

Property Details

Property Type Apartments
Total Building Size 3,869 SF
Lot Size 0.12 AC
Building Class C
Year Built 1969
Cap Rate 5.59 %
Zoning RMCRA-18

40 Transit Score

70 Walk Score

                
                    Highlights
                
                                Fully Renovated Asset: Turnkey 4-unit property with new roof, central A/C, impact windows, PVC plumbing, and updated interiors.
                            
                                Oversized Unit Mix: Four spacious 2-bedroom/2-bath units with strong tenant appeal.
                            
                                Strong Rental Income: Generating approximately $9,450 in monthly rental income.
                            
                                Value-Add Potential: Opportunity to convert units to 3-bedroom/2-bath layouts and increase rental income.
                            
                                Low-Maintenance Ownership: Separate electric meters and recent capital improvements help minimize operating costs.
                            
                                Prime Hollywood Location: Conveniently located near Downtown Hollywood, the beach, major roadways, dining, and employment centers.

Financial Summary (Actual)

Net Operating Income: $81,025 USD (2025)

Cap Rate:	5.59 %
Total Expenses:	$32,375 USD

Public Transportation

Commuter Rail	Drive	Walk	Distance
Hollywood (Tri-County Commuter - South Florida Regional Transportation Authority (Tri-Rail))	5 min	-	2.2 mi
Sheridan Street (Tri-County Commuter - South Florida Regional Transportation Authority (Tri-Rail))	6 min	-	2.4 mi
Airport	Drive	Walk	Distance
Fort Lauderdale/Hollywood International	12 min	-	5.9 mi
Miami International	42 min	-	25.2 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Type:	Surface
Included in Rent:	Yes

Elior Levi 954-743-7594 Fausto Commercial Realty Consultants

1859 Lincoln St Hollywood, FL 33020 Royal Poinciana