1644 Jackson St Hollywood, FL 33020

This exceptional Hollywood, Florida multifamily property presents a lucrative investment opportunity. Located east of Federal Highway and west of the serene Lakes neighborhood, this 1994-built, Class A building sits on a 5,454 square foot lot and offers 1,953 square feet of net rentable space. The property features a beautifully updated 3-bedroom, 2-bathroom main house and a legal freestanding studio apartment, currently rented month-to-month for $1,350 with a $2,700 security deposit. Market rent for the studio is estimated at $1,300-$1,500 per month (utilities included). The main house boasts a spacious open floor plan with sleek ceramic tile flooring, a modern kitchen with white shaker cabinets, white quartz countertops, and a glass subway tile backsplash, featuring a cooktop island. The master bathroom includes a Jacuzzi tub. Smart home features include Alexa-controlled window shades and lighting, and the entire home is wired with Ethernet cables. The property also includes a stylish two-car paver driveway in the front and an additional two-car concrete driveway in the rear alley. Accordion shutters on all windows provide hurricane protection and maximize insurance savings. The studio apartment offers a large bedroom, kitchen, and full bath with dedicated parking and private alley access. This versatile property is ideal for generating additional income or providing private family space, offering significant financial benefits in a rapidly developing area. The property's APN is 514215023071.