$629,900

$389/sq ft

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Overview

Year Built

1953

Sqft

1621

Property Type

Duplex

Property Description

This gorgeously remodeled corner duplex located in the Heart of Hollywood with treelined streets has a history of steady income, previously as a vacation rental with Superhost status on Airbnb. Features two 2 bedrm, 1 bath units with plenty of parking for residents and guests in the front and on the side, even a place for a boat or motorcycle behind gates. Both units are currently rented at $2500 a month on an annual basis (front unit lease expires Feb 19, and the rear unit June 16). Rear unit's huge private enclosed backyard with a pergola invites leisurely relaxation, and artificial grass makes it easy to maintain. One of the bedrooms has a private entry, great as an office to invite clients. There is a shared laundry room with new full size washer and dryer. Central A/C in the front unit, minisplit AC's in all bedrooms. New tile flooring throughout. New stainless steel kitchen appliances.NO HOA. 2 separate electric meters. 1 water meter. HVAC is 2020, tankless units 2018 and 2020. Last roof permit was 5/18/18, useful life 15 to 20 years. This is a lucrative investment opportunity with high cap rate, or live free in one unit, rent the rest. Located near the famed Hard Rock Hotel & Casino, Hospitals, Fort Lauderdale Airport, Highways and the pristine Hollywood Beach with its famous Boardwalk. ***Do not disturb tenants****

Property Details

MLS#

A11942028

Total Floor in Bldg

1

Address

5647 Lincoln St #1-2

City

Hollywood

State/county

FL

Zip/Postal Code

33021

Area

Hollywood Beach Gardens

Country

United States

HOA

No

Assoc Fee

$--

Assoc Fee Pd

Tax Amount

$10,673

Maint Fee

$--

Tax Year

2025

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Boris Gelfand