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Multifamily in Hollywood, FL 33020Hollywood Little Ranches,
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OFF MARKET
Beds
2,397
SqFt$240
$/SqFtMultifamily
Built in 1947
The subject originally functioned as a single-family home but has been adapted into a triplex. It consists of two (2/1) and one (1/1) apartments, each with its own electric meter.
Currently priced at $259 per square foot, the property is $100 less expensive than nearby single-family homes. Market data suggests that an equivalent single-family home in the area typically sells for between $725,000 and $775,000.
Interestingly, the current rental rates for this property are below market value. The value-add opportunity can be approached in two ways: A) Increase rents to match market rates, thereby enhancing overall yield. The back unit is vacant, making it convenient for viewing.
MLS Number: F10451991
On Site: 789 Days
Updated: 756 Days ago
Page Views: 0
Features
Bedrooms
Bathrooms
Exterior and Lot Features
Interior, Heating and Cooling
- Heating Description: Central
- Cooling Description: CeilingFans
Building and Construction
- Floor Description: CeramicTile
- Year Built: 1947
- Year Built Description: Resale
Waterfront and Water Access
- Waterfront Frontage: No info
School Information
Other Property Info
- Listing Date: 2024-07-19T15:14:37.000-00:00
Taxes, Fees & More
- Taxes: 7970
- Total Units in Building: No info
Apples-to-Apples Comparables
Price History
Current
$575K
High
$600K
Low
$575K
Total Change
-4.2%Date
Event
Price
Change
Price Per
08/12/2024
Price Reduced
$575K
-4.17%$240 ft2
$2,582 m2
07/19/2024
Listed
$600K
$250 ft2
$2,694 m2
08/12/2024
$575K
Event
Price Reduced
Change
-4.17%Price Per
$240 ft2
$2,582 m2
07/19/2024
$600K
Event
Listed
Price Per
$250 ft2
$2,694 m2
Price per square foot and days on website are not provided values and are calculated by Subdivisions.
Listed by Peter Dacko • Media Realty • Buyer Agency Compensation .
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Scores
84
100
39
100
62
100
65
100
0
100
45
100
2
100
Community Snapshot
2 – 6 BR
Bedrooms
$280K – $3.5M
Price Tier
620 - 12,540
SqFt Range
1953
Year Build
1
Total Floors
Subdivision Amenities
None
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