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206 S 15Th Ave, Unit 1-6 Hollywood, FL 33020

For Sale
$1,600,000

Six-unit multifamily property in Hollywood Lakes area, near beach.

Lot size:
0.08 Acres

Property Features for 206 S 15Th Ave

General Information

Lot size
0.08 Acres

Source: Fausto Commercial Realty Consultants Inc Agent Elior Levi

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Hollywood Multifamily Investment Opportunity

This is a six-unit multifamily property situated on a corner lot in the Hollywood Lakes area of downtown Hollywood. The property comprises two buildings with a unit mix of two 2-bed/1-bath units, three 1-bed/1-bath units, and one studio. The property is fully leased and includes a coin-operated laundry room. It is located near restaurants, bars, shopping, and is just minutes from the beach. Recent improvements include a new roof and updated landscaping. The projected pro forma gross income is expected to increase to $142,400 annually.
Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store 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
-80.1371627
Latitude
26.0104621

FAQs

What type of property is this?
Apartment building - Six-unit multifamily property in Hollywood Lakes area, near beach.
Where is this apartment building located?
The property is located at 206 S 15Th Ave, Unit 1-6 Hollywood, FL.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: - Prime location in the sought-after Hollywood Lakes area of downtown Hollywood.; - Fully leased 6-unit multifamily property with a balanced unit mix (two 2/1s, three 1/1s, one studio).; - Projected pro forma gross income of $142,400 annually.
More about this property
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