Closed

Hollywood No HOA, 1431 N 14th Way, Hollywood, FL 33020

570,000(-1.75% )
$560,000Price
1,897SqFt

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Details

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Status:
Sold - Jun 16, 2023
Size: 1,897 SqFt (176 m2)
Price: $295/SqFt ($3,178/m2)
Type: Multi Family
Built: 1975
MLS Number: A11358202
On Site: 870 Days
Updated: 778 Days ago
Page Views: 0
This property is located in desirable area of east hollywood. The physical property consists of 1,897 leasable sf, well situated on a 5,695 sf lot. The property is currently 100% leased to two month to month tenants. The 2 bedroom apartments is leased for $1,500.00 and the studio is leased for $700 per month, grossing $26,400 per year. The tenants pay all utilities. After all expenses this property is netting $28,525 per year providing an investor with a 5% 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: Other
        • Year Built: 1975
        • Year Built Description: Effective Year Built
        Waterfront and Water Access
        • Waterfront Frontage: No info
        School Information
          Other Property Info
          • Listing Date: 2023-03-16T15:38:02.000-00:00
          Taxes, Fees & More
          • Taxes: 7094

          Price History

          06/16/2023

          Date

          Sold

          Event

          $560K

          Price

          -1.75%

          Change Rate

          $295 ft2 / $3,178 m2

          Price Per

          03/16/2023

          Date

          Listed

          Event

          $570K

          Price

          $300 ft2 / $3,234 m2

          Price Per

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

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

          Instant Comps

          $100/ft²
          $200/ft²
          $400/ft²
          $600/ft²

          Unit 1431 N 14th Way – Asking

          $295/ft²

          (-27%) from Closed Medium $/ft²

          Closed Medium $/ft²

          $404/ft²
          Community $/Price Range (Closed) $267/ft² – $479/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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          Hollywood
          Mid-Tier Homes & Condos

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