Amenities
This list may not be exhaustive
DESCRIPTION
Exceptional investment opportunity in hollywood, florida! a 12-unit apartment building promises immediate revenue growth, with units currently leased 35% to 40% below market rates. What sets this property apart is its approved zoning by the city of hollywood, paving the way for a new 4-floor structure to be built. This expansion would increase income by aligning rents with market rates and adding more units. The owner provides favorable financing terms, requiring only a 30% down payment. Financing is available through a 25-year amortized note, with a balloon payment due in 5 years, offering flexibility for interested parties to discuss specific terms later. Positioned in a prime location, the property is conveniently close to the beach, restaurants, shops, nightlife, and highways.
Data is provided by Miami Board of Realtors.
Public transportation
Fort Lauderdale/Hollywood International Airport at Dania Beach
Sheridan Street tri-Rail Station
Hallandale Beach Bd & s Federal Hy
Nearby School In Hollywood
Beachside Montessori Village
K-8
0.3 miles
Ben Gamla Charter School
K-8
0.4 miles
Ben Gamla Charter High School
9-12
0.5 miles
Ben Gamla Charter School North Campus
K-8
0.4 miles
Marware Montessori Academy
PK-3
0.1 miles
Alpha International Academy
K-5
0.1 miles
Sungate Academy
1-8
0.3 miles
Ben Gamla Preparatory School
6-8
0.5 miles
Ben Gamla Preparatory Charter High School
9-12
0.5 miles
Levy Learning Center
K-9
0.6 miles
Little Flower Catholic School
PK-8
0.6 miles
Little Flower School
PK-8
0.6 miles
Listed on April 22, 2024 by Carlos Azcarate from Apex International Realty, LLC., this other is for sale. other for sale in Hollywood listed at $2,499,000, Reference A11572661
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