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206 S 15th Ave

$1,700,000

206 S 15th Ave, Hollywood, FL 33020

Active
Last Updated: 05/12/2025

96,870

NOI

3,686 sqft

Building Size

Details:
NOI:    $96,870
Building Size:    3,686 sqft
Units:    7
Highlights:
  • Gross Income: 124140
  • Documents Available: Aerial Photo(S), Rent Rolls
  • Cooling: Wall/Window Unit(s)
  • Heating: Wall/Window Units
  • Construction Materials: CBS Construction, Other
Description:

Fausto Commercial proudly presents 206 S 15th Ave, a unique 6-unit multifamily property located on a corner lot in the sought-after Hollywood Lakes area of downtown Hollywood. The property consists of two buildings with a well-balanced unit mix: two 2-bed/1-bath units, three 1-bed/1-bath units, and one studio. Fully leased and featuring a coin-operated laundry room for added income, this asset is ideally positioned near restaurants, bars, shopping, and just minutes from the beach. Recent improvements, including a new roof and updated landscaping, enhance its appeal, with projected pro forma gross income expected to increase to $142,400 annually.

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