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    1501 Arthur St Hollywood, FL 33020

    For Sale
    $2,500,000

    Prime Location, High ROI Potential

    Property size:
    8,250 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    312
    This exceptional 10-unit multi-family property, located at 1501 Arthur Street in Hollywood, Florida, presents a compelling investment opportunity. The 8,250 square foot building sits on a sizable 0.34-acre lot (14,800 square feet), offering ample space and potential for future development or expansion. Each of the ten units boasts a comfortable 1-bedroom, 1-bathroom layout, with individual unit sizes ranging from 825 to 900 square feet. The property's strategic location, just three miles from the vibrant Hollywood Beach and Broadwalk, ensures high occupancy rates and strong rental income. Its proximity to major transportation arteries, Port Everglades, and Fort Lauderdale-Hollywood International Airport further enhances its appeal to both residents and businesses. This prime location benefits from a growing residential population and a robust business environment, making it an ideal investment in a rapidly developing market. The asking price of $2,500,000 reflects the exceptional value and potential return on investment this property offers. This is a rare opportunity to acquire a well-maintained, centrally located multi-family property with significant upside potential in a highly sought-after area of South Florida. The property's size and location make it an attractive option for both seasoned investors and those seeking to enter the lucrative South Florida real estate market.

    Property Features for 1501 Arthur St

    General Information

    Property type
    Residential income properties
    Square Feet
    8,250 SF
    Lot Size
    14,810 SF

    Building Details

    Year Built
    1969
    Property Profile Location Intelligence

    Current Use by Public Records

    Miami body tempering Personal Trainer

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Hollywood
    County
    Broward
    State
    Florida
    Longitude
    -80.13701
    Latitude
    26.02305

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    FAQs

    What type of property is this?
    Residential income property - Prime Location, High ROI Potential
    Where is this residential income property located?
    The property is located at 1501 Arthur St Hollywood, FL.
    What is the asking price?
    The asking price for this property is $2,500,000.
    (954) 361-0000
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    1501 Arthur St Hollywood, FL 33020
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    Hollywood, FL 33020
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1501 Arthur St Hollywood, FL 33020
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