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

Beds
1,897
SqFt
$295
$/SqFt
Sold - Jun 16, 2023
Multifamily
Built in 1975
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.
MLS Number: A11358202
On Site: 1280 Days
Updated: 20 Days ago
Page Views: 0

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

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          Price History

          Current
          $560K
          High
          $570K
          Low
          $560K
          Total Change
          -1.8%
          $571K$565K$559KMar 23Jun 23
          Date
          Event
          Price
          Change
          Price Per
          06/16/2023
          Sold
          $560K
          -1.75%
          $295 ft2
          $3,178 m2
          03/16/2023
          Listed
          $570K
           
          $300 ft2
          $3,234 m2
          06/16/2023
          $560K
          Event
          Sold
          Change
          -1.75%
          Price Per
          $295 ft2
          $3,178 m2
          03/16/2023
          $570K
          Event
          Listed
          Price Per
          $300 ft2
          $3,234 m2
          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 .

          Listing Location & Street View
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          Scores

          Walk Score®
          Somewhat Walkable. Some errands can be accomplished on foot
          69

          100
          Transit Score®
          Some Transit. A few nearby public transportation options
          40

          100
          Bike Score®
          Very Bikeable. Biking is convenient for most trips
          71

          100
          Sound Score®
          Bearable noise
          76

          100
          Airport Score
          Close to airports. Noticeable airport activity
          0

          100
          Traffic Score
          Congested area. Frequent traffic delays
          31

          100
          Local Score
          Limited local amenities nearby
          1

          100
          Community Snapshot
          3 – 3 BR
          Bedrooms
          $460K – $785K
          Price Tier
          608 - 7,476
          SqFt Range
          1959
          Year Build
          1
          Total Floors

          Subdivision Amenities

          None

          Hollywood
          Premium
          Premium Homes & Condos