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Single Family House 5 bedrooms - Hollywood Little Ranches for Sale

2739 LINCOLN ST, HOLLYWOOD, FL 33020

Asking Price$525,000

Share by:
  • 5bdr
  • 3bth
  • Living 2318sqft
  • Year Built 1947
  • Days on market:

    37 day(s)
  • Price per sqft:

    $226.49
  • Tax Legal Description:

    HOLLYWOOD LITTLE RANCHES 1-26 B LOT 12 E1/2 BLK 36
  • Tax Year:

    2023
  • Property Type:

    Single Family
  • Style:

    No Pool/No Water
  • Parking:

    Driveway
  • View:

    Garden View
  • Rental Restrictions:

    No Restrictions
  • Construction Type:

    Cbs Construction
  • Cooling Description:

    Ceiling Fans
  • Heating Description:

    Central Heat
  • Floor Description:

    Ceramic Floor
  • Interior Features:

    First Floor Entry
  • Exterior Features:

    None
  • Sewer Description:

    Septic Tank
  • Equipment/Appliances:

    Electric RangeRefrigerator
  • Lot Features:

    Less Than 1/4 Acre Lot
  • Guest House Description:

    One Story
  • Type of Association:

    None

Description

$525,000 • five bedroom(s) • three full bathroom(s) • living size area 2318 sqft

Distressed sale | not an reo. value add opportunity. the subject originally functioned as a single-family home but was adapted into a triplex years ago. the unit breakdown is (2/2) (2/1) and one (1/1). the subject has a violation for non-conforming units and work done without a permit. this requires bringing the property into compliance (back to a single family). currently priced at $227/sf, the property is $125 less expensive than neighborhood single-family homes. market data suggests that an equivalent sfr in the area typically sells for between $650,000 and $775,000. the value-add opportunity can be broached by converting the property back to a single-family. this typically requires the removal of 2 stoves and the 220 v electric line as well as opening doors between the units.

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