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Key Details
Sold Price $1,000,000
Property Type Multi-Family
Sub Type Fourplex
Listing Status Sold
Purchase Type For Sale
Square Footage 7,099 sqft
Price per Sqft $140
Subdivision North Hollywood 4-1 B
MLS Listing ID F10179211
Sold Date 04/30/20
Style Fourplex
Construction Status Resale
HOA Y/N No
Year Built 1946
Annual Tax Amount $19,692
Tax Year 2018
Property Description
14 UNITS! HUGE BEAUTIFUL PIECE OF INCOME PRODUCING PROPERTY EAST OF 95. NEAR DANIA POINTE, US 1 AND THE BEACH. SEE BROKER REMARKS. Property is comprised of +/-38,812 SF or .753 AC with three buildings,a shed and a lot of parking.Zoning is NBHD-MU.Property may also be redeveloped with a density bonus 14 residential apartments in three buildings 8 units,4 units and a duplex.No vacancies and all apartments are occupied under month to month written leases. Rents are way under market as we have had many long term tenants in need of affordable housing and we have provided same. The new owner(s) can do as they wish and must. The units are habitable and generating revenue. Make them fabulous and significantly increase revenue.
SEE SUPPLEMENTAL REMARKS BELOW AND ATTACHMENTS FOR UNIT MIX
Location
State FL
County Broward County
Area Hollywood East (3010-3050)
Zoning C-3
Interior
Heating Window/Wall
Cooling Wall/Window Unit Cooling
Flooring Carpeted Floors, Tile Floors
Exterior
Water Access N
Roof Type Built-Up Roof,Comp Shingle Roof
Private Pool No
Building
Lot Description 3/4 To Less Than 1 Acre Lot, Irregular Lot, West Of Us 1
Story 2.0000
Foundation Concrete Block Construction
Sewer Municipal Sewer
Construction Status Resale
Others
Pets Allowed No
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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Bought with Central Commercial Real Estate