House in Hollywood, FL 33020

St James Court, 1635 Hayes St

Showings Available on Tuesday & Wednesday Sept. 2nd & 3rd 12pm-2pm ONLY. Offers due Tues Sep 7th at 1pm. Seller may accept sooner. Best Deal in East Hollywood. Endless Possibilities Await! Discover a rare opportunity in the heart of East Hollywood. Two separate homes on one lot, each with its own character and income potential. Whether you're an investor, developer, or homeowner looking for flexibility, this property delivers exceptional value and a world of options. Option 1 Develop the lot into a multi-unit project (zoned for up to 3 structures think modern townhomes). Option 2 Keep both homes as an income producing rental property. Option 3 Live in one and rent out the other for passive income. Option 4 Add a third structure and maximize the property's full potential. Tenant occupied do not disturb the tenants. The main house is a charming 2 bedroom, 1 bath home featuring a screened front porch, a covered patio, and a private backyard perfect for outdoor living. Currently rented for $2,750/month through December, with tenants open to extending and giving you immediate, reliable income. The Guest Cottage was recently renovated and full of charm, this 1-bedroom, 1-bath cottage offers ~800 sq. ft. of living space. With its own backyard, screened patio, and laundry hookup, it's an ideal rental or private retreat. It generates $1,950/month, this unit is turn-key and income-ready. Opportunities like this are rare in East Hollywood. Between its flexible zoning, strong rental income, and prime location near the beach, downtown entertainment, and major highways, this property is truly the best deal on the market. Whether you're building, investing, or creating a live and rent lifestyle, this is your chance to own a piece of South Florida with unlimited upside.