Closed

Royal Poinciana, 1917 Grant St, Hollywood, FL 33020

1,950,000(-8.97% )
6,227SqFt

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Details

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Status:
Sold - Apr 07, 2025
Size: 6,227 SqFt (579 m2)
Price: $285/SqFt ($3,068/m2)
Type: Multi Family
Built: 1975
MLS Number: A11728759
On Site: 206 Days
Updated: 129 Days ago
Page Views: 0
Introducing 1917-1927 grant st, a prime 9-unit multifamily investment just 2 minutes from downtown hollywood’s young circle. This fully occupied property features two buildings with a desirable unit mix: 1 spacious 2-bed/2-bath, 4 two-bed/1-bath units, 3 one-bed/1-bath units, and a studio, generating $190,000 in annual gross income with a 7%+ cap rate at asking price. Situated on a 16,000 sqft lot zoned for redevelopment (up to 26 units), it offers significant future potential. With its proximity to restaurants, shopping, and the beach, this property is a rare opportunity in a highly sought-after location.
Features
Bedrooms
    Bathrooms
      Exterior and Lot Features
        Interior, Heating and Cooling
        • Heating Description: Central,WallFurnace
        • Cooling Description: CentralAir, WallWindowUnits
        Building and Construction
        • Floor Description: Other,Tile
        • Year Built: 1975
        • Year Built Description: Resale
        • Style: Fourplex
        Waterfront and Water Access
        • Waterfront Frontage: No info
        School Information
          Other Property Info
          • Listing Date: 2025-01-20T23:52:56.000-00:00
          Taxes, Fees & More
          • Taxes: 24705

          Price History

          04/07/2025

          Date

          Sold

          Event

          $1.8M

          Price

          -8.97%

          Change Rate

          $285 ft2 / $3,068 m2

          Price Per

          01/20/2025

          Date

          Listed

          Event

          $2M

          Price

          $313 ft2 / $3,371 m2

          Price Per

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

          Listed by Elior LeviFausto Commercial Realty Consultants Inc • Buyer Agency Compensation .

          Instant Comps

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

          Unit 1917 Grant St – Asking

          $285/ft²

          (-15%) from Closed Medium $/ft²

          Closed Medium $/ft²

          $335/ft²
          Community $/Price Range (Closed) $285/ft² – $470/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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