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Bedrooms: > Miami real estate for sale > Miami commercial

Posted: Monday, March 6, 2017 8:53 AM


This is an14 unit multifamily property. The property is located in a strong working class market of Hollywood, FL, in an excellent rental area. It is a 6,790 square feet situated on a 0.46 acre lot, built in 1966. The rents are below market, which can be improved with a light renovation to make it really shine. It has a unit mix of 9- 1/1's and 5- studios, well maintained, and fully vetted long term tenants. Each unit features tile flooring throughout. Tax records indicate 13 units, property being used as 14 units.
Hollywood is highly desired by both local and foreign residents and is one of the best rental markets in South Florida. The property is in a prime location centrally located minutes from the Beach, I-95, and Aventura Mall. Additionally, with Hollywood Boulevard only a few blocks away the location is even more desirable. Young Circle Park is just a few minutes away, allowing for nice recreation for tenants. A bus stop half a block away and the Hollywood Commuter Rail only a mile and a half away allows for easy transportation. It is also 15 minutes from Fort Lauderdale/Hollywood International Airport. For additional information contact Marcia Gannon at 954-868-0166.

• Location: Miami

• Post ID: 44142388 miami is an interactive computer service that enables access by multiple users and should not be treated as the publisher or speaker of any information provided by another information content provider. © 2017