Closed

Poinsetta Park, 1418 N 16th Ave, Hollywood, FL 33020

$570,000Price
1,992SqFt

Save

Details

Save

Status:
Sold - May 01, 2023
Size: 1,992 SqFt (185 m2)
Price: $286/SqFt ($3,080/m2)
Type: Multi Family
Built: 1961
MLS Number: A11358250
On Site: 870 Days
Updated: 824 Days ago
Page Views: 0
This 2 unit property is located in desirable area of east hollywood. The physical property consists of 1,992 leasable sf, well situated on a 5,597 sf lot. The property is currently 100% leased to 2 month to month tenants. Both units are leased at $1,560 per month. The property is grossing $37,400 per year. The tenants pay all utilities. After all expenses this property is netting $25,789 per year providing an investor with a 4.52% actual capitalization rate at full asking price. Month to month tenancy allows investor to raise rent post closing.
Features
Bedrooms
    Bathrooms
      Exterior and Lot Features
        Interior, Heating and Cooling
        • Heating Description: Central
        • Cooling Description: CentralAir
        Building and Construction
        • Floor Description: Wood
        • Year Built: 1961
        • Year Built Description: Effective Year Built
        Waterfront and Water Access
        • Waterfront Frontage: No info
        School Information
          Other Property Info
          • Listing Date: 2023-03-16T16:16:00.000-00:00
          Taxes, Fees & More
          • Taxes: 6252

          Price History

          05/01/2023

          Date

          Sold

          Event

          $570K

          Price

          0%

          Change Rate

          $286 ft2 / $3,080 m2

          Price Per

          03/16/2023

          Date

          Listed

          Event

          $570K

          Price

          $286 ft2 / $3,080 m2

          Price Per

          Price per square foot and days on website are not provided values and are calculated by Subdivisions.

          Listed by John DeMarco • RE/MAX 5 Star Realty • Buyer Agency Compensation .

          Instant Comps

          $100/ft²
          $200/ft²
          $400/ft²
          $500/ft²

          Unit 1418 N 16th Ave – Asking

          $286/ft²

          (-27%) from Closed Medium $/ft²

          Closed Medium $/ft²

          $389/ft²
          Community $/Price Range (Closed) $389/ft² – $389/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.
          THINKING OF SELLING IN Poinsetta Park at Hollywood?

          Request a Comparative Market Analysis (CMA), It's free and comes with no obligation.

          Hollywood
          Premium Homes & Condos

          Logo

          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.

          Company
          Legal
          Social Media

          About Us

          Privacy Policy

          Facebook

          Press Room

          Terms of Use

          Instagram

          Blog

          DMCA Notice

          LinkedIn

          Contact Us

          Accessibility

          Pinterest

          Copyright © 2025 Subdivisions.com • All Rights Reserved • Made with ❤ in Miami, Florida.