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Gelfand Realty Miami Properties - Multi Family

206 S 15TH AVE, HOLLYWOOD, FL 33020

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Multi Family - HOLLYWOOD

206 S 15TH AVE, HOLLYWOOD, FL 33020

Sold Price$1,500,000 Asking Price$1,599,000

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  • Days on market:

    19 day(s)
  • Original Price:

    $1,599,000
  • Tax Legal Description:

    HOLLYWOOD 1-21 B LOT 16 BLK 78
  • Tax Year:

    2023
  • Property Type:

    Multi Family
  • Style:

    Fourplex
  • Construction Type:

    Cbs Construction
  • Roof:

    Shingle
  • Cooling Description:

    Wall/Window Unit(s)
  • Heating Description:

    Window/Wall
  • Floor Description:

    Other Wood
  • Exterior Features:

    Open Balcony
  • Lot Features:

    Less Than 1/4 Acre Lot
  • Type of Association:

    None

Description

$1,599,000

Seller financing available with 30% down! introducing 206 s 15th ave, a unique 6-unit multifamily property nestled on a corner lot in the vibrant young circle/hollywood lakes area of downtown hollywood. this gem comprises two buildings offering a diverse mix of units, including one 2-bed/1-bath, four 1-bed/1-bath, and one studio unit. featuring a coin laundry room, this property presents an opportunity for additional monthly income. the location is unbeatable, with easy access to restaurants, bars, shopping, and just a short drive from the beach. recent upgrades including a new roof and landscaping add to the property's appeal. at full occupancy, it has the potential to generate approximately $140k annual income at market rates, making it a very attractive investment opportunity.

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