Hollywood South Side Add

Highlights:

• Lot Features: Less Than 1/4 Acre Lot, East Of US 1
• Documents Available: Deposit Held, Deposit - Security, Copy Of Lease(S), Existing Survey
• Architectural Style: Attached
• Cooling: Electric
• Heating: Electric
• Construction Materials: Concrete Block Construction

Description:

INVESTOR ALERT! Excellent investment opportunity in an up-and-coming neighborhood! Ideal for first-time investors, savvy investors, and first-time homebuyers. Perfect for long-term rentals or short-term rental strategies, subject to applicable regulations.
This property features 4 independent units, making it an easy-to-manage income-producing property. Located just 5 minutes from Hollywood Beach and 2 minutes from Downtown Hollywood, in an FH-2 zoning district and Opportunity Zone, allowing potential for additional units/floors and a variety of uses, subject to applicable approvals. Each unit has split A/C, plus a shared laundry room and 4 parking spaces. The two rear units feature spacious, fenced-in patios perfect for outdoor living. Two renovated units are rented to excellent long-term tenants. The remaining two units are currently being renovated and are expected to be completed by mid-October or before, providing an opportunity for increased rental income once completed. Great location, existing income, and future development potential.

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Listing ID: A12094784