Multifamily Income
7091 Taft Street Hollywood, FL 33024
For Sale
Contact for pricing
Multifamily building leased to six residential tenants, producing $49,080 annual gross income.
Property Size1,729 SF
Lot Size0.16 Acres
Days on Market104
Property Features for 7091 Taft Street
General Information
- Standard status
- Active
- Size
- 1,729 SF
- Lot size
- 0.16 Acres
- Property subtype
- Office, Retail, Special Purpose
Listing Agency:
RE/MAX 5 Star Realty
(954) 453-1000
Listed By:
John DeMarco · License #BK3134747
Source:
Crexi
Added: Apr 11
Changed: Jul 21
Last Checked: Jul 22 at 7:01AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX 5 Star Realty
Investment Insights
Based on property information with market context.
This income producing multifamily building is currently leased to six residential tenants and totals 1,729 leasable square feet. The property sits on a 6,764 square foot lot and is reported to be in good general condition with no deferred maintenance. Current gross income is $49,080 per year, with net operating income of $34,754, which the seller states supports a 10.25% actual capitalization rate at full asking price.
The property is located in Hollywood, Florida and is zoned O-1. The remarks note this zoning is described as “very liberal” and allows most office and retail uses, and may also be adaptable for other residential-oriented uses such as a recreational residential use, hostel, or Air BnB. Seller financing is available with 40% down and 6.0% annual interest, subject to buyer qualifications. Please do not disturb existing tenants; contact the listing agent for additional information.
The property is located in Hollywood, Florida and is zoned O-1. The remarks note this zoning is described as “very liberal” and allows most office and retail uses, and may also be adaptable for other residential-oriented uses such as a recreational residential use, hostel, or Air BnB. Seller financing is available with 40% down and 6.0% annual interest, subject to buyer qualifications. Please do not disturb existing tenants; contact the listing agent for additional information.
Key Highlights
- 6,764 SF lot with 1,729 SF leasable building currently leased to 6 residential tenants
- Generates $49,080 per year gross income, with $34,754 net operating income
- Reported 10.25% actual capitalization rate at full asking price
Property Analytics
Location Intelligence
Current Use by Public Records
Apartment buildings
FAQs
What type of property is this?
Apartment building - Multifamily building leased to six residential tenants, producing $49,080 annual gross income.
Where is this apartment building located?
The property is located at 7091 Taft Street Hollywood, FL.
What are key features of this property?
This property features: 6,764 SF lot with 1,729 SF leasable building currently leased to 6 residential tenants; Generates $49,080 per year gross income, with $34,754 net operating income; Reported 10.25% actual capitalization rate at full asking price
