About This Property

INVESTOR ALERT! Excellent investment opportunity in an up-and-coming neighborhood! Ideal for first-time investors, savvy investors, and first-time homebuyers. Perfect for long-term rentals or short-term rental strategies, subject to applicable regulations.This property features 4 independent units, making it an easy-to-manage income-producing property. Located just 5 minutes from Hollywood Beach and 2 minutes from Downtown Hollywood, in an FH-2 zoning district and Opportunity Zone, allowing potential for additional units/floors and a variety of uses, subject to applicable approvals. Each unit has split A/C, plus a shared laundry room and 4 parking spaces. The two rear units feature spacious, fenced-in patios perfect for outdoor living. Two renovated units are rented to excellent long-term tenants. The remaining two units are currently being renovated and are expected to be completed by mid-October or before, providing an opportunity for increased rental income once completed. Great location, existing income, and future development potential.

Key Features

• Built in 1974

Property Details

• Type: Single Family Home
• Year Built: 1974
• Sq Ft: 1,696
• Price / Sq Ft: $525
• HOA: Contact Agent
• Bedrooms: 0
• Bathrooms: 0
• Feature: Built in 1974
• Status: Active
• MLS Number: 1192828678
• Days on Market: 0
• Listed By: One Sotheby's International Realty · Graziela Machado
• Zip Code: 33020