$3,499,000
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Address not available, Hollywood, FL 33020

Listing By: Bram Scolnick - East Coast Realty Brokerage LLC 305-778-8499flramb Realty.com
0 Beds
0 Baths
5,137 Sq Ft

Introducing an 11-unit multifamily property, newly renovated. Features new windows, plumbing, and electrical systems. Each unit offers pristine kitchens with stainless steel appliances, quartz countertops, and stylishly reimagined bathrooms. The property consists of 10 spacious 1-bed/1-bath units + one studio unit, each with its own electric meter. Located near downtown Hollywood, I-95, and beaches. Currently being fully renovated with permits. Anticipated monthly rental rates of $2,200, projecting a Gross Rental Income (GRI) exceeding $284,000 and a Net Operating Income (NOI) surpassing $211,000. Don't miss this investment opportunity with a proforma Capitalization Rate (CAP rate) of 6% in a prime neighborhood.

  • MLS# A11481694
  • Date Listed11/06/2023
  • Bedrooms 0
  • Bathrooms
  • Lot Size 0.25 acres (10,890 sq. ft)
  • County Broward
  • Year Built 2024
  • Square Feet 5,137 sq. ft
  • Price Per Sq. Ft $681.14

Exterior / Lot Features

  • Roof Built Up
  • Lot Size Acres 0.25
  • Lot Size SQFT 10,890.00
  • Lot Features -

Financial Considerations


Nearby Schools

Source: School Digger

Sales & Tax History

Source: Public Records

Population & Environment

Source: Sperling's Best Places

Walkability in FL / 33020

Source: Walkscore

95/100

Walker's Paradise

Walk Score ®

44/100

Some Transit

Transit Score ®

69/100

Bikable

Bike Score ®

Overview

Daily errands do not require a car. A few nearby public transportation options. Some bike infrastructure.

Transit Summary

8 nearby routes: 8 bus, 0 rail, 0 other


Walkability averages in the surrounding area

The average walkability score in the surrounding area is Walk Score: 48/100, Transit Score: 30/100, Bike Score: 51/100.

Points of Interest near Address not available

Listing provided courtesy of: East Coast Realty Brokerage Llc (tel: 954-302-6368)
Listing agent: Bram Scolnick (tel: 305-778-8499) (#3548771)

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Export listing data of Address not available : MLS# A11481694