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Multifamily in Hollywood, FL 33020Hollywood Terrace, 1008 N 22nd Ave
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Closed
Beds
1,340
SqFt$311
$/SqFtSold - Jul 23, 2024
Multifamily
Built in 1955
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.
MLS Number: F10435207
On Site: 880 Days
Updated: 37 Days ago
Page Views: 0
Features
Bedrooms
Bathrooms
Exterior and Lot Features
Interior, Heating and Cooling
- Heating Description: Central, SeparateMeters
- Cooling Description: Electric, WallWindowUnits
Building and Construction
- Floor Description: Laminate,Wood
- Year Built: 1955
Waterfront and Water Access
- Waterfront Frontage: No info
School Information
Other Property Info
- Listing Date: 2024-04-19T20:14:56.000-00:00
Taxes, Fees & More
- Maintenance Includes: MaintenanceGrounds, Trash
- Taxes: 6873
- Real Estate Taxes: 295170
- Total Floors in Building: 1
- Total Units in Building: 2
- Total Units in Complex: 2
Apples-to-Apples Comparables
Price History
Current
$416K
High
$499K
Low
$416K
Total Change
-16.6%Date
Event
Price
Change
Price Per
07/23/2024
Sold
$416K
-12.34%$311 ft2
$3,345 m2
05/16/2024
Price Reduced
$475K
-0.84%$354 ft2
$3,816 m2
05/03/2024
Price Reduced
$479K
-4.01%$357 ft2
$3,848 m2
04/19/2024
Listed
$499K
$372 ft2
$4,008 m2
07/23/2024
$416K
Event
Sold
Change
-12.34%Price Per
$311 ft2
$3,345 m2
05/16/2024
$475K
Event
Price Reduced
Change
-0.84%Price Per
$354 ft2
$3,816 m2
05/03/2024
$479K
Event
Price Reduced
Change
-4.01%Price Per
$357 ft2
$3,848 m2
04/19/2024
$499K
Event
Listed
Price Per
$372 ft2
$4,008 m2
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 .
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Scores
60
100
38
100
57
100
76
100
0
100
31
100
1
100
Community Snapshot
3 – 4 BR
Bedrooms
$450K – $1.3M
Price Tier
624 - 3,450
SqFt Range
1952
Year Build
1
Total Floors
Subdivision Amenities
None
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