1947 Madison St Hollywood, 33020

998,000(-2.3% )
$975,000Price
3,039SqFt

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Size: 3,039 ft2 / 282 m2
Price: $321 ft2 / $3,453 m2
Built: 1967
MLS Number: A11615060
On Site: 96 Days
Updated: 5 Days ago
Page Views: 0
Reduced for a quick sale !!! Best investment opportunity near young circle !!!fantastic turn key investment. Property consists of 5 units, all with separate fpl meters: 3 of which are two bedrooms 1 bath, plus 2 units are one bedroom 1 bath. Building has a laundry room, with a separate fpl meter.newer roof. Property has recently been fumigated; 3 months ago. 5 parking spaces. Very close proximity to downtown hollywood, airport, seaport, and the beaches. Great upside potential. Please contact listing agent for additional information. Current gross operating income is $8,184/month, additional potential income of $1,700/month from currently unrented unit #4. Opportunity zone, allows to build modern building up to 55 feet, or a 5 story building.
Features
Bedrooms
Bathrooms
Exterior and Lot Features
Price History
09/23/2024

Date

Price Reduced

Event

$975K

Price

-2.3%

Change Rate

$321 ft2 / $3,453 m2

Price Per

09/05/2024

Date

Price Reduced

Event

$998K

Price

-16.13%

Change Rate

$328 ft2 / $3,535 m2

Price Per

08/21/2024

Date

Price Increased

Event

$1.2M

Price

10.7%

Change Rate

$392 ft2 / $4,215 m2

Price Per

08/01/2024

Date

Price Reduced

Event

$1.1M

Price

-8.51%

Change Rate

$354 ft2 / $3,808 m2

Price Per

07/01/2024

Date

Listed

Event

$1.2M

Price

$387 ft2 / $4,162 m2

Price Per

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

Listed by Alain ArwasUnited Realty Group Inc • Buyer Agency Compensation .

Instant Comparative Market Analysis
$200/ft²
$200/ft²
$400/ft²
$600/ft²

Unit 1947 Madison St – Asking

$321/ft²

(-23%) from Closed Medium $/ft²

Closed Medium $/ft²

$419/ft²
Community $/Price Range (Closed) $419/ft² – $419/ft²
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