Description
22 unit building in the heart of hollywood with additional value add potential! 8 two bedrooms units and 14 one bedroom units has a monthly income of $37,600, net operating income (noi) of $306,285 and a cap rate of 6.96%.building has 22 parking spaces with additional street parking, gated entry, coin laundry and security cameras. additionally, this property sits on a dh-3 zoned lot, allowing for huge potential redevelopment. located in the dixie highway mixed use district, property can be up to 10 stories or max 140 ft. potential use as retail, hotel, multi-family or mixed use making it an attractive option for investors looking to capitalize on future growth opportunities in the area.
Property Type
ResidentialIncomeSubdivision
HollywoodCounty
BrowardStyle
FourplexAD ID
49011315
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Property Details
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Interior Features
Interior Features
- Roof: Shingle
Roofing Information
- Shingle
Flooring Information
- CeramicTile,Vinyl
Heating & Cooling
- Heating: WallFurnace
- Cooling: CeilingFans,WallWindowUnits
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Exterior Features
Building Information
- Year Built: 1962
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Property / Lot Details
Lot Information
- Lot Description: SprinklersAutomatic,LessThanQuarterAcre
Property Information
- Subdivision: BONNIE VILLA APTS CO-OP
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Listing Information
Listing Price Information
- Original List Price: $4400000
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Taxes / Assessments
Tax Information
- Annual Tax: $47227
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Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Parking Information
- Garage: 22
Homeowners Association Information
- HOA: 8,096
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School, Utilities & Location Details
Utility Information
- CableAvailable
Location Information
- Direction: Google Maps
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BuyOwner last updated this listing 04/02/2025 @ 15:31
- MLS: A11766910
- LISTING PROVIDED COURTESY OF: Florence Khan, Reaction Realty Group, Inc.
- SOURCE: SEFMIAMI
is a Home, with 30 bedrooms which is for sale, it has 0 sqft, 0 sized lot, and 0 parking. are nearby neighborhoods.