UPDATED:
12/06/2024 05:16 AM
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,086 sqft
Price per Sqft $594
Subdivision Hollywood South Side Add
MLS Listing ID A11672026
Construction Status Resale
HOA Y/N No
Year Built 1926
Annual Tax Amount $5,638
Tax Year 2024
Property Description
Presenting a unique multifamily investment opportunity at 1925 & 1927 Rodman St, Hollywood, FL 33020. These two properties are being sold together, offering a combined lot size of 10,844 sq. ft., with zoning potential to build up to 5 floors and 18 units across both lots. Plus, this prime location is just 9 minutes from Hollywood Beach.
All 4 current units are tenant-occupied, generating a gross annual rent income of $102,600. The NOI is $100,648, resulting in an attractive cap rate of 7.74%.
Note: Properties must be sold together. Refer to listing A11672031. Contact today for more details or to schedule a viewing. FLOOD INSURANCE NOT REQUIRED.
Location
State FL
County Broward
Community Hollywood South Side Add
Area 3010
Interior
Heating Central
Cooling Central Air, Wall/Window Unit(s)
Flooring Other
Exterior
Pool None
Utilities Available Cable Available
Roof Type Other
Total Parking Spaces 4
Building
Lot Description < 1/4 Acre
Story 1
Sewer Other
Level or Stories One
Structure Type Other
Construction Status Resale
Others
Tax ID 514222101220
Acceptable Financing Cash, Conventional, Other
Listing Terms Cash, Conventional, Other