Multifamily in Hollywood, FL 33019
Hollywood Beach, 609 S Ocean Dr

Beds
1,872
SqFt
$1,282
$/SqFt
Sold - Jul 27, 2021
Multifamily
Built in 1970
Fourplex
12% CAP Rate Amazing opportunity for investors wishing to do Vacation Rentals. Zoned for Hotel, Completely Remodeled 8 units that consist of 3 One bedroom Units and 5 Studio Units. Impact Windows throughout!!! You do not need a vacation rental license to perform business in this unit. It is allowed per Hollywood zoning laws. Units are fully rented by Airbnb and have a good database of repeated customers. Roof is new and units are fully remodeled with porcelain floors, spot lights and brand new bathrooms. Seller will provide all the current bookings for next months so new buyer can earn income right from closing date. One bedroom units are currently rented for 150-200 dollars a day and studios 100-150 a day, depending on holidays and days of the week. Steps to ocean and restaurants.
MLS Number: A10964880
On Site: 2115 Days
Updated: 20 Days ago
Page Views: 0

Features

Bedrooms
    Bathrooms
      Exterior and Lot Features
        Interior, Heating and Cooling
        • Heating Description: Electric
        • Cooling Description: Electric
        Building and Construction
        • Floor Description: Tile
        • Windows/Treatment: ImpactGlass
        • Year Built: 1970
        • Year Built Description: Resale
        • Style: Fourplex
        Waterfront and Water Access
        • Waterfront Frontage: No info
        School Information
          Other Property Info
          • Listing Date: 2020-12-01T17:35:51.000-00:00
          Taxes, Fees & More
          • Taxes: 18406

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          Price History

          Date
          Event
          Price
          Change
          Price Per
          04/04/2021
          Listed
          $2.4M
           
          $1,282 ft2
          $13,800 m2
          04/04/2021
          $2.4M
          Event
          Listed
          Price Per
          $1,282 ft2
          $13,800 m2
          Price per square foot and days on website are not provided values and are calculated by Subdivisions.
          Listed by Alex BrikVera Realty LLC • Buyer Agency Compensation .

          Listing Location & Street View
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          Scores

          Walk Score®
          Somewhat Walkable. Some errands can be accomplished on foot
          55

          100
          Transit Score®
          Some Transit. A few nearby public transportation options
          25

          100
          Bike Score®
          Very Bikeable. Biking is convenient for most trips
          71

          100
          Sound Score®
          Very loud
          74

          100
          Airport Score
          Close to airports. Noticeable airport activity
          0

          100
          Traffic Score
          Congested area. Frequent traffic delays
          33

          100
          Local Score
          Limited local amenities nearby
          0

          100
          Community Snapshot
          2 – 4 BR
          Bedrooms
          $899K – $7.2M
          Price Tier
          819 - 5,857
          SqFt Range
          1965
          Year Build
          3
          Total Floors

          Subdivision Amenities

          Laundry
          None

          Hollywood
          High-End
          High-End Homes & Condos

          Hollywood Beach Communities in Hollywood, FL