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Gelfand Realty Miami Properties for Sale - Multi Family for Sale

2104 N 14TH AVE, HOLLYWOOD, FL 33020

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Multi Family - FLAMINGO MANORS for Sale

2104 N 14TH AVE, HOLLYWOOD, FL 33020

Asking Price$599,000

  • Living 1967sqft
  • Taxes $8,712
  • Year Built 1973

  • Days on market:

    27 day(s)

  • Adjusted Area:

    1967 sqft

  • Original Price:

    $599,000

  • Price per sqft:

    $304.52

  • Tax Legal Description:

    FLAMINGO MANORS 46-35 B LOT 9 N1/2 BLK 4

  • Tax Year:

    2022

  • Property Type:

    Multi Family

  • Style:

    Duplex

  • Construction Type:

    Cbs Construction

  • Roof:

    Shingle

  • Cooling Description:

    Central Air

  • Heating Description:

    Central

  • Floor Description:

    Tile

  • Lot Features:

    Less Than 1/4 Acre Lot

  • Type of Association:

    None

Description

$599,000 • living size area 1967 sqft

This 2 unit multifamily building is located in an extremely desirable area within west hollywood. the physical property consists of 1,967 leasable sf, well situated on a 6,372 sf lot. the property is currently 100% leased to 2 month to month tenants. the 2 bed and 1 bath apartment are leased at $1,500 per month and the 3 bed and 2 bath apartment is leased for $1,900 per month. the property is grossing $40,800 per year. the tenants pay all utilities. after all expenses this property is netting $27,532 per year providing an investor with a 4.6% actual capitalization rate at full asking price. month to month tenancy allows investor to raise rent post closing.

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