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Property profile & analytics
OFF-MARKET
Small apartment buildings

1607 Hayes St Hollywood, FL 33020

Built 1953
Property ID
US18-8063829
Property summary
AI-generated overview

This exceptional investment opportunity presents two single-family homes situated on two lots in desirable Hollywood, Florida. Built in 1953, this one-story property boasts real oak hardwood floors and offers significant rental potential. Each home has its own water and electric meters, making it ideal for individual leasing or as a combined multi-family unit. The property's location east of US1 places it in a high-demand area, close to beaches, casinos, and airports. The front house is vacant and ready for immediate occupancy. The rear house, potentially a four-bedroom, includes a washer and dryer. The property's configuration makes it perfectly suited for Airbnb operations, capitalizing on the area's strong tourism. With its existing infrastructure and prime location, this property offers a compelling investment opportunity for owner-landlords seeking substantial returns. The asking price is $749,900. This is a rare chance to acquire a well-maintained, income-generating property in a thriving South Florida market.

Property profile
Verified
Property type Small apartment buildings
Year built 1953
UPID US18-8063829
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • MACH 1 BEAUTY SALON & SPA Hair Salon Nail Salon
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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