Hollywood Beach

$1,499,000

332 Georgia St, Hollywood, FL 33019

For Sale

Multifamily Duplex / Triplex / Fourplex

Active

Last Updated: 03/08/2025

Details:

NOI: $87,000

Building Size: 1,778 sqft

Units: 2

Year Built: 1954

Floors: 2

Parking Spots: 4

Gross Leaseable Area: 1,778

Offered by Realtor

Yuliya Prysedska

Grand State Realty

#3374283

Request Info to Unlock

Highlights:

Lot Features: Less Than 1/4 Acre Lot
Documents Available: Other Available Information
Cooling: Electric
Heating: None
Flooring: Ceramic Floor

Description:

LOCATION!!! 4-plex building 1 block from the beach, steps from Hollywood board walk. Updated interior, impact windows, roof - 7 year old, new electrical, 4 separate electric meters. Two 1 bedroom 1 bath + Two studios, fully furnished and currently operating as short term rental business through AIRBNB and Booking platforms all year around with 90% occupancy rate. CAP rate shown based on long term rental numbers. Recently painted exterior and very well kept. DO NOT BOTHER TENANTS! PROOF OF FUNDS AND ESCROW LETTER SHOWING DEPOSIT REQUIRED BEFORE SUBMITTING AN OFFER AND SHOWING THE PROPERTY. SELLER FINANCING AVAILABLE WITH UP TO 60% LTV AT VERY COMPETITIVE INTEREST ONLY RATE!!!