206 S 15th Ave
$1,700,000
206 S 15th Ave, Hollywood, FL 33020
For Sale
Multifamily
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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