451 S 19th Ave

Hollywood,FL 33020

$ 2300000

- Bed

0 Bath

4991 SqFt


Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 4,991 sqft

Price per Sqft $460

MLS Listing ID A11525821

Year Built 1994

Annual Tax Amount $17,401

Tax Year 2023

Lot Size 0.282 Acres

Property Description

We are pleased to present 451 S 19th Ave in Hollywood, an outstanding 8-unit apartment building offering a compelling investment opportunity just steps away from Young Circle and downtown Hollywood. Featuring 8 spacious units, with 7 units featuring 1 bed/1 bath and 1 unit offering 2 beds/1 bath, the property currently enjoys full occupancy. The potential for an impressive $177,000 annual income awaits by adjusting rents to market rates. The property has separate electric meters, impact windows, individual central AC units ensuring convenience and attracting quality tenants. The building is 1990s construction makes maintenance a breeze, and the 40-year certification is not required anytime soon. Parking is hassle-free with 11 assigned spaces. Build up to 10 stories high with PS-3 Zoning.

Location

State FL

County Broward

Area 3040

Interior

Heating Central

Cooling Central Air

Flooring Tile,Vinyl

Exterior

Roof Type Barrel,Tile

Building

Story 2

Sewer Public Sewer

Water Public

Structure Type Block,Other

Others

Acceptable Financing Cash,Conventional,Owner May Carry,Other

Listing Terms Cash,Conventional,Owner May Carry,Other

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