Hollywood South Side, 1927 Rodman St Hollywood, FL, 33020

$1,240,000Price
1,394SqFt

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Size: 1,394 ft2 / 130 m2
Price: $890 ft2 / $9,575 m2
Built: 1929
MLS Number: A11672031
On Site: 75 Days
Updated: 16 Days ago
Page Views: 0
Exclusive portfolio offering: two prime properties presenting a unique multifamily investment opportunity at 1925 & 1927 rodman st, hollywood, fl 33020. These two properties are being sold together, offering a combined lot size of 10,844 sq. Ft., with zoning potential to build up to 5 floors and 18 units across both lots. Plus, this prime location is just 9 minutes from hollywood beach. all 4 current units are tenant-occupied, generating a gross annual rent income of $102,600. The noi is $100,648, resulting in an attractive cap rate of 7.74%. note: properties must be sold together. Refer to listing a11672026. Contact today for more details or to schedule a viewing. Flood insurance not required.
Features
Bedrooms
Bathrooms
Exterior and Lot Features
Price History
11/04/2024

Date

Price Increased

Event

$1.2M

Price

90.77%

Change Rate

$890 ft2 / $9,575 m2

Price Per

10/05/2024

Date

Listed

Event

$650K

Price

$466 ft2 / $5,019 m2

Price Per

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

Listed by Ashley ValdezUnited Dream Real Estate • Buyer Agency Compensation .

Instant Comparative Market Analysis
$100/ft²
$300/ft²
$700/ft²
$1,000/ft²

Unit 1927 Rodman St – Asking

$890/ft²

(+125%) from Closed Medium $/ft²

Closed Medium $/ft²

$396/ft²
Community $/Price Range (Closed) $211/ft² – $588/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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