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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
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
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Bought with Coldwell Banker Realty