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Multi Family - HOLLYWOOD SOUTH SIDE ADD for Sale

1925 RODMAN ST, HOLLYWOOD, FL 33020

Asking Price$1,600,000

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  • Days on market:

    7 day(s)
  • Adjusted Area:

    1580 sqft
  • Original Price:

    $1,600,000
  • Price per sqft:

    $767.02
  • Tax Legal Description:

    HOLLYWOOD SOUTH SIDE ADD NO 2 3-17 B LOT 9 BLK 7
  • Tax Year:

    2024
  • Property Type:

    Multi Family
  • Style:

    Duplex
  • Construction Type:

    Other
  • Roof:

    Other
  • Cooling Description:

    Central Air
  • Heating Description:

    Central
  • Floor Description:

    Other
  • Lot Features:

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

    None

Description

$1,600,000 • living size area 2086 sqft

1925 & 1927 rodman st, hollywood, fl 33020 — two adjacent properties offered together with a combined lot size of 10,844 sq. ft. zoned for redevelopment, the site allows for up to 5 stories and 18 units, making it a rare development opportunity in a highly sought-after area. currently, the properties feature 4 tenant-occupied units generating a gross annual rental income of $102,600. with an noi of $100,648 and a strong 7.74% cap rate, this investment delivers both immediate income and long-term growth potential. just 9 minutes from hollywood beach, the location offers excellent proximity to shopping, dining, and entertainment. flood insurance is not required. note: properties must be sold together

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