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35
Home61's Closings in
Hollywood
Amenities
Key features
Living area
2,287 sqft
Maintenance
$ 0
Tax
$8,514 (2023)
Tenant Occupied
No
Parking Space
6
Floor #
0 / 1
Building
HOLLYWOOD TERRACE
On market
12 days
$ /sqft
$ 306
Type
apartment
Unit
-
Year Built
1980
Zip Code
33020
Ref./MLS ID
A11811392
DESCRIPTION
Huge price reduction! recently updated investor special! selling below recent appraisal! great income producing property located in the heart of hollywood, fl. The property has 2 units: (1) 3/2 renovated and rented below market price at $2250/month; (2) 2/2 rented at $2250/month. Large lot for future re-development. Current zoning is rm-9. Well maintained. Tenants pay their own utility bills for water/sewer/garbage and electricity on separate meters. Raise rents to market prices and easily achieve 9%+ cap rate with minimal involvement or effort. Great for out-of-town investors. Long term tenants (all annual leases recently signed) willing to stay with rental increases of 5% per year. Don't miss this opportunity! easy to manage and certain to increase in value!
Data is provided by Miami Board of Realtors.
Public transportation
Miami Central
15 mins
Sheridan Street
18 mins
Hollywood
18 mins
Fort Lauderdale/Hollywood International Airport at Dania Beach
36 mins
Nearby School In Hollywood
Data Provided by greatschools.org
Neighborhood
Hollywood
- Hollywood
Listed on May 28, 2025 by Steven Landau from Landau Realty Group, this apartment is for sale. apartment for sale in Hollywood listed at $699,000, Reference A11811392
The multiple listing information is provided by Miami Board of Realtors® from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2025 Miami Board of Realtors®. All Rights Reserved.
The information provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.
The multiple listing information is provided by Miami Board of Realtors® from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2025 Miami Board of Realtors®. All Rights Reserved.
The information provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.