Cypress Gardens, 2219 Polk St #8A, Hollywood, FL, 33020

Investment property in hollywood. This unit has been upgraded and is ready for rental immediately upon closing. It can be sold as part of a package along with two additional first-floor, one-bed/one-bathroom units within the same complex. All three apartments are similar in design.2219 polk #1a:asking $145,000 occupied by a long-term section 8 tenant paying $1,600 p/month. This unit passed the hollywood housing inspection in 09/2024. 2225 polk #8a: asking $147,000. Occupied by a long-term tenant paying $1,475 p/month. No need to upgrade while tenants are in premises. Estimated cap. Rates: 2219/1a: 6.8%, 2219/8a: 6.6%, 2225/8aw: 5.8%. This is an excellent investment opportunity in a fast growing area, just steps of hollywood blvd and circles, dixie hwy, i-95 and 10' drive to beaches.