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Income/MultiFamily - for Sale

1215 N 17TH CT, HOLLYWOOD, FL 33020

Sold Price$1,700,000 Asking Price$1,700,000

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  • Days on market:

    63 day(s)
  • Original Price:

    $1,700,000
  • Tax Legal Description:

    FRED ZIRBS RESUB 16-2 B TRACT B
  • Property Type:

    Income/MultiFamily
  • Parking:

    Shared Parking
  • Construction Type:

    Cbs Construction
  • Roof:

    Shingle
  • Cooling Description:

    Wall/Window Unit(s)
  • Heating Description:

    Wall/Window Units
  • Special Listing Conditions:

    Sale

Description

$1,700,000

Cash offers only! introducing 1215 n 17th ct, a rare value-add 14-unit multifamily property located east of us1, just 2 minutes from downtown hollywood’s vibrant young circle, beaches, and restaurants. the property features a desirable unit mix of 8 oversized 1-bed/1-bath units (easily convertible to 2-bed units) and 6 studio units, with a 2015 roof. currently vacant but once fully rehabbed and occupied, the property can generate over $265,000 in annual gross income, with even greater potential if unit conversions are completed. situated on a 22,000 sqft double lot with fh-1 zoning, the site offers redevelopment potential for up to 37 units, making this an exceptional investment opportunity.

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