1910 Washington St
Hollywood, FL 33020

Listed at $995,000

Details

  • MLS# A11899548
  • Commercial - Business
  • Status Active
  • 0 Bedrooms
  • Bathrooms
  • 0 Square Feet
  • 0.190 acres
  • Built in 1949
  • Local Schools

Description

The Subject property is a fully approved, shovel-ready 9-unit multifamily development in the heart of Hollywood, Florida. The property features a 1,986± SF duplex on an 8,283± SF lot (PS-1 zoning), currently leased to two tenants generating $5,000/month. Approved plans include a modern 9-unit building, 10 parking spaces, and landscaping designed to meet all city standards. Once stabilized, the project is expected to produce $295k in gross annual income, $222,750 NOI, and a 9.3% cap rate. Located near Downtown Hollywood, Young Circle, and major highways, this is a turnkey opportunity for investors or developers.

Features

  • $10,212 Taxes
  • Built in 1949
View All Features

Contact the Agent

Contact the Listing Agent
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All Property Features

  • Property Type: Commercial - Business
  • Crops Included Y/N: No
  • Days on Site: 334
  • Home Warranty Y/N: No
  • Lease Considered Y/N: No
  • Lot Size: 0.19 Acres
  • Parcel#: 514222100840
  • Property Attached Y/N: No
  • Property Sub-Type: Income/MultiFamily
  • Taxes: $10,212
  • Year Built: 1949