For Sale: 2300 Douglas St, Hollywood FL 33020

  • $1,999,900.00
Hollywood
For Sale Price Reduced
For Sale: 2300 Douglas St, Hollywood FL 33020
Hollywood
  • $1,999,900.00

Overview

Property ID: A11551052
  • 9305
  • Lot sqft
  • 1956
  • Year Built

Property Details

Updated on May 7, 2024 at 5:15 pm
  • Property ID: A11551052
  • Price: $1,999,900.00
  • Land Area: 9305 sqft
  • Year Built: 1956
  • Property Status: For Sale
  • Office Name: Green Lands Realty

Additional details

  • Property Sub Type: Income/MultiFamily
  • Business Type: Apartments
  • Roof: Built-Up
  • Cooling features: Wall/Window Unit(s)
  • Sewer: Public Sanitation
  • Construction Materials: CBS Construction, Plaster
  • Security Description: Other Fire Protection, Smoke Detector(s)
  • Road Frontage Type: City Street
  • Special Listing Cond: Sale
  • Stories: 1
  • Stories Total: 1
  • Tax Amount: $14036
  • Tax Year: 2023
  • Parcel N°: 514204013240
  • County: Broward County
  • Terms Considered: All Cash, Conventional/Refinance
  • Lease Term Info: Annual Lease
  • Original List Price: $2200000
  • Status: Active
Property Description

Attention investors! 7 unit multifamily property with 100% occupancy on annual leases consisting of (6) 1 bedroom with 1 bathroom & (1) 2 bedroom 1 bathroom units. This income producing property is located in an opportunity zone and has an estimated gross annualized rent (GAR) of $142,200 yielding an approximate 5.63% CAP rate. Each unit has their separate electricity meter and pays a monthly water surcharge in addition to the rent.

  • Address Douglas St
  • City Hollywood
  • State/county Florida
  • Zip/Postal Code 33020
  • Country United States
The multiple listing information is provided by the MIAMI ASSOCIATION OF REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2024 MIAMI Association of REALTORS® (MAOR). All rights reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal.
All information provided is deemed reliable but is NOT guaranteed accurate, and should be independently verified.
Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

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