$430,000
$499,000
13.8%For more information regarding the value of a property, please contact us for a free consultation.
1,827 SqFt
SOLD DATE : 12/13/2023
Key Details
Sold Price $430,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,827 sqft
Price per Sqft $235
Subdivision Hollywood Little Ranches
MLS Listing ID A11475247
Sold Date 12/13/23
Construction Status Resale
HOA Y/N No
Year Built 1946
Annual Tax Amount $2,463
Tax Year 2022
Contingent No Contingencies
Property Description
Excellent Investment Opportunity in the heart of Hollywood, an area undergoing a vibrant revitalization & development boom. Priced strategically below market value, this 3-Unit occupies a prime location: between I-95 & US-1 & 1 block north of Hollywood Blvd. It sits on a large 10,252 SF fenced lot on a quiet residential street. Zoned Multifamily, up to 4 floors & Max Built Area Allowed of 15,378 SF. Main building is a 1,340 SF duplex with a 2/1 unit & a 1/1 unit. Detached cottage is a 487 SF studio. Short & Long Term rentals allowed. Once rehabbed, it could potentially yield over $65K in annual rental income. Minutes to beaches, shopping, dining, and FTL airport. This is the perfect time to own a valuable piece of this highly sought after real estate market & add to your rental portfolio.
Location
State FL
County Broward County
Community Hollywood Little Ranches
Area 3050
Direction Take I-95 & exit on Hollywood Blvd going East. Left at N 24th Ave. Left at Polk St. Property is on right hand side.
Interior
Heating None
Cooling Wall/Window Unit(s)
Flooring Carpet, Terrazzo, Tile, Vinyl
Window Features Blinds
Exterior
Pool None
Utilities Available Cable Available
Waterfront No
Roof Type Barrel,Shingle
Total Parking Spaces 2
Building
Lot Description < 1/4 Acre
Story 1
Sewer Septic Tank
Level or Stories One
Structure Type Block
Construction Status Resale
Others
Tax ID 514216026490
Acceptable Financing Cash
Listing Terms Cash
Financing Cash
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with Coldwell Banker Realty
Miami & South Florida Market Expert, Property Manager, Trusted Professional REALTOR®, Zillow Premier Agent & Real Estate Professional