The subject property is two contiguous fourplexes listed for $750,000 each ($1.5 Million total) located in west portion of Hollywood and contains eight (1/1) apartments. The property presents itself as a value-add opportunity due to the rents being approximately over 50% below market value with each unit renting at approximately $1000 per month. Market rent is estimated at $1500 per month. Hollywood is experiencing a tremendous renaissance with the majority of new construction consisting of residential development. The area is considered to have the 2nd largest supply pipeline across all Fort Lauderdale submarkets. The subject property provides a unique opportunity to take advantage of the strong demographics and demand whereby creating value by repositioning the asset.
DUPLEX consisting in a 3/2 front unit completely updated and furnished. The back unit is an unique and totally remodeled and furnished 1/1 with a fenced private patio. This units are currently in AIRBNB (superhost) They can easily be taken off the short-term rental platforms and be run as a long-term rental properties as well. Washer and Dryer in both units. Pics show how beautiful the units looks like now. One electric and one water meter. Due to guests occupancy, please call listing agent to schedule showings. CASH ONLY
Discover the epitome of modern living in this stylish 3-bedroom, 2-bathroom duplex in West Park, FL. Built in 2022, this home boasts contemporary charm and is conveniently located near major highways for easy commuting and quick access to stunning beaches. Nestled in a delightful neighborhood, one side of this duplex is fully furnished, offering immediate comfort and functionality. Whether you're relaxing in the spacious living areas, enjoying the well-appointed kitchen, or unwinding in the beautifully furnished bedrooms, this residence ensures a lifestyle of convenience and relaxation.
BEAUTIFULLY RENOVATED FOUR-UNIT 1BD/1BA FOURPLEX IN THE HEART OF MIRAMAR! EXCELLENT INVESTMENT PROPERTY YIELDING A SUBSTANTIAL PROFIT. THIS IS AN INSTANT CASH COW! NEW ROOF, NEW IMPACT WINDOWS & DOORS, NEW KITCHENS WITH NEW CABINETS, NEW QUARTZ COUNTERTOP, CUSTOM BACKSPLASH, NEW STAINLESS-STEEL APPLIANCES INCL REFRIGERATOR, ELECTRIC RANGE & MICROWAVE. NEW WASHER & VENTLESS DRYER IN ALL UNITS. NEW WATERPROOF VINYL FLOORS. GORGEOUSLY REMODELED BATHROOMS WITH NEW TOILETS, NEW SHOWER, NEW VANITY & DESIGNER TILE WORK. NEW RECESSED LED LIGHTS, NEW DOORS & BASEBOARDS, NEW BLINDS, NEW INTERIOR & EXTERIOR STUCCO, FRESHLY PAINTED. EIGHT TOTAL PARKING SPOTS. THIS IS AN EXCELLENT INVESTMENT OPPORTUNITY PROVIDING GREAT CASH FLOW & LONG-TERM RENTAL INCOME GROWTH. UNIT #4 IS LARGER THAN THE OTHERS.
Seller financing available with only 35% down! Introducing 7031 Pembroke Rd, an exceptional fourplex presenting a lucrative investment opportunity. This property features four spacious 1-bed/1-bath units, all currently at full occupancy. Unlock the potential for an impressive $86k annual income by adjusting rents to market rates. The property is designed for efficiency, offering separate electric meters, impact windows, brand new roof and central AC for cost-effective maintenance. Conveniently located on Pembroke Rd, this investment is not only financially promising but also strategically positioned. Parking is hassle-free with 7 parking spaces, and to sweeten the deal, seller financing is available. Don't miss the chance to own this income-generating gem at 7031 Pembroke Rd.
Discover the epitome of investment excellence in the heart of West Park with this exclusive gated fourplex. Boasting an enviable location, ample parking, and a secure setting. Situated in one of West Park's most coveted neighborhoods, this property offers proximity to schools, parks, shopping, dining, and major transportation arteries. Stable Rental Demand: Benefit from strong rental demand in a desirable location, ensuring consistent occupancy and reliable income. Take advantage of the area's upward trend in property values and rental rates, positioning yourself for long-term appreciation and increased cash flow. With gated access and well-maintained buildings, this property requires minimal upkeep, allowing you to focus on maximizing returns.
The perfect Live where your work property. Currently vacant duplex 1/1 & 1/1 units recently remolded with new bathrooms, updated kitchen and new doors and windows. Zoning allows for Office use and other commercial uses. Over 5,500 Sqft Lot in the heart of West Park, The area enjoys great public transportation, walkability, and a rich cultural environment. The area is also experiencing an economic renaissance, with many new projects being designed for the area, increasing population densities, and growing incomes. Join the wave of new investment targeting the cultural beating heart of West Park, and the abundant affluent consumers in nearby Hallandale area.
The median home value in Hollywood, FL is $314,700. This is higher than the county median home value of $266,700. The national median home value is $219,700. The average price of homes sold in Hollywood, FL is $314,700. Approximately 63.27% of Hollywood homes are owned, compared to 27.26% rented, while 9.47% are vacant. Hollywood real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Hollywood real estate agent to arrange a tour today!
Hollywood, Florida 33023 has a population of 136,415. Hollywood 33023 is more family-centric than the surrounding county with 30.02% of the households containing married families with children. The county average for households married with children is 29.07%.
The median household income in Hollywood, Florida 33023 is $66,560. The median household income for the surrounding county is $54,895 compared to the national median of $57,652. The median age of people living in Hollywood 33023 is 36.4 years.
The average high temperature in July is 91.2 degrees, with an average low temperature in January of 57.8 degrees. The average rainfall is approximately 63.7 inches per year, with 0 inches of snow per year.