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    6138 Grant St Hollywood, FL 33024

    For Sale
    $649,000

    Two-unit duplex, great location, high ROI potential.

    Property size:
    1,716 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional investment opportunity presents a charming 1-story duplex located in the heart of Hollywood, Florida, at 6138 Grant St #1-2, 33024. Built in 1998, this property boasts a total of 1,716 square feet, offering two separate units, each featuring 2 bedrooms and 1 bathroom. Each unit benefits from its own separate utility meters, providing efficient cost management for both owner and tenants. The property includes a spacious backyard and a covered patio area, enhancing the appeal for potential residents. Ample parking is available for both units. Currently vacant, this presents a unique chance to select your own tenants and establish desirable rental rates. The property's central location between Highway 441 and the Turnpike ensures easy access to major highways, the beach, a variety of restaurants, shops, and schools. The projected capitalization rate is estimated between 6.5% and 7%, making this a compelling investment with strong potential for long-term returns. The asking price is $649,000. This income-generating property is priced to sell and is expected to attract significant interest.

    Property Features for 6138 Grant St

    General Information

    Property type
    Multifamily properties
    Square Feet
    1,716 SF

    Building Details

    Year Built
    1998
    Stories
    1

    HighLights

    • $649,000 asking price.
    • Hollywood, FL multifamily investment opportunity.
    • Duplex (Apartment Building) with two 2 bed/1 bath units.
    • 1,716 square feet, built in 1998, one story.
    • Centrally located near major highways, beach, and amenities.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Small apartment buildings

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Hollywood
    County
    Broward
    State
    Florida
    Longitude
    -80.2115421
    Latitude
    26.0181034

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    FAQs

    What type of property is this?
    Multifamily property - Two-unit duplex, great location, high ROI potential.
    Where is this multifamily property located?
    The property is located at 6138 Grant St Hollywood, FL.
    What is the asking price?
    The asking price for this property is $649,000.
    What are key features of this property?
    This property features: $649,000 asking price.; Hollywood, FL multifamily investment opportunity.; Duplex (Apartment Building) with two 2 bed/1 bath units.
    Request Owner's contact information
    6138 Grant St Hollywood, FL 33024
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    Hollywood, FL 33024
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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
    6138 Grant St Hollywood, FL 33024
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