$650,000

$367/sq ft

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Overview

Year Built

1957

Sqft

1770

Property Type

Duplex

Property Description

Price reduced! Exceptional opportunity to acquire a high-performing income property in East Hollywood. This duplex features two spacious 2BR/2BA units currently generating $4,560/month ($2,250 + $2,310) with reliable long-term tenants and consistent payment history, providing immediate and stable cashflow from day one. Each unit offers two separate entrances, creating a unique opportunity to reconfigure the layout into four units (2 studios + 2 one-bedrooms) and significantly increase income potential through short-term rentals or Airbnb (buyer to verify local regulations). The property is well maintained and includes separate utilities, ample parking, and private outdoor space, making it attractive for both tenants and future value-add strategies. Located in one of Hollywood’s most dynamic and growing areas, just minutes from the beach, Downtown Hollywood, Gulfstream Park, and major highways including I-95. The area continues to benefit from strong demand and ongoing development, supporting long-term appreciation. Seller is offering a $10,000 contribution with a full price offer. This is a rare opportunity that combines current income, operational flexibility, and future upside, making it ideal for investors looking to strengthen or expand their portfolio in South Florida.

Property Details

MLS#

A11988438

Total Floor in Bldg

1

Building

HOLLYWOOD LAWNS

Address

923 16th Ct N

City

Hollywood

State/county

FL

Zip/Postal Code

33020

Area

Hollywood Lawns

Country

United States

HOA

No

Assoc Fee

$--

Assoc Fee Pd

Tax Amount

$13,335

Maint Fee

$--

Tax Year

2025

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Boris Gelfand