South Florida
Closed
Hollywood Terrace, 1008 N 22, Hollywood, FL 33020
475,000(-12.34% )
$416,400Price
1,340SqFt
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Details
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Status:
Sold - Jul 23, 2024
Size: 1,340 SqFt (124 m2)
Price: $311/SqFt ($3,345/m2)
Type: Multi Family
Built: 1955
MLS Number: F10435207
On Site: 472 Days
Updated: 376 Days ago
Page Views: 0
Price reduction!!! Amazing opportunity to purchase this income producing duplex with a 1/1 and a 1/1 currently at 4.75% cap rate, generating over 2,850 per month with a massive upside potential to be at 6.5% or greater. City approved to build a 3rd unit in the rear!! This property is well maintained, featuring a new roof that was installed 2023, new ac units, and water heater. New floors in both units! Space in rear of property to build another unit for more income opportunities!
located only 1 mile from downtown hollywood, fine dining and shopping. 2 miles from hollywood beach.
rents could increase with no updates needed!
tenant occupied, please do not disturb tenants.
Features
Bedrooms
Bathrooms
Exterior and Lot Features
Interior, Heating and Cooling
- Heating Description: Central
- Cooling Description: Electric, WallWindowUnits
Building and Construction
- Floor Description: Laminate,Wood
- Year Built: 1955
- Year Built Description: Resale
Waterfront and Water Access
- Waterfront Frontage: No info
School Information
Other Property Info
- Listing Date: 2024-04-19T19:14:56.000-00:00
Taxes, Fees & More
- Taxes: 6873
- Total Units in Building: 2
Price History
07/23/2024
Date
Sold
Event
$416.4K
Price
-12.34%
Change Rate
$311 ft2 / $3,345 m2
Price Per
05/16/2024
Date
Price Reduced
Event
$475K
Price
-0.84%
Change Rate
$354 ft2 / $3,816 m2
Price Per
05/03/2024
Date
Price Reduced
Event
$479K
Price
-4.01%
Change Rate
$357 ft2 / $3,848 m2
Price Per
04/19/2024
Date
Listed
Event
$499K
Price
$372 ft2 / $4,008 m2
Price Per
Price per square foot and days on website are not provided values and are calculated by Subdivisions.
Listed by Alex Saludes • EXP Realty LLC • Buyer Agency Compensation .
Instant Comps
$100/ft²
$200/ft²
$400/ft²
$700/ft²
Unit 1008 N 22 – Asking
$311/ft²
(+18%) from Closed Medium $/ft²
Closed Medium $/ft²
$263/ft²
Community $/Price Range (Closed) $184/ft² – $524/ft²
No Comparable Units Found: We couldn't locate comparable properties at this time. Contact us for a FREE, no-obligation Comparative Market Analysis (CMA) from a licensed RE advisor.
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The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity' Program of the Regional Multiple Listing Service of Miami Dade, Broward, Palm Beach, Collier and Lee Counties. Not all listings found on this site are necessarily listed through Subdivisions.com. Real estate listings held by brokerage firms other than Subdivisions.com are marked with the Broker Reciprocity' logo or the Broker Reciprocity' thumbnail logo (little black house) and detailed information about them includes the name of the listing brokers.
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