1727 Johnson St Hollywood, FL 33020
- Small apartment buildings
Current Use by Public Records
- Small apartment buildings
Property Details for 1727 Johnson St
- Year built
- 1945
- Property type
- Small apartment buildings
Description
This charming 1945-built, one-story triplex in Hollywood, Florida (1727 Johnson St, 33020) presents a compelling investment opportunity. The property boasts three individual 1-bedroom, 1-bathroom units, generating a substantial gross monthly income of approximately $8,500. Conveniently located within walking distance of Young Circle and a golf course, and a short 5-minute drive from Hollywood Beach, this property benefits from a prime tourist location. Each unit is separately metered for electricity, and the property includes five parking spaces and an exterior storage shed housing a coin-operated laundry, providing additional revenue streams. The property is zoned to allow for potential expansion, with the possibility of adding 2-9 units, offering significant future growth potential. Priced at $749,800, this triplex represents a strong return on investment in a desirable location. This is a rare opportunity to acquire a well-maintained, income-producing property with significant upside potential in the heart of Hollywood, Florida. The property's proximity to popular attractions and amenities ensures consistent occupancy and rental income. Don't miss this chance to own a piece of Hollywood's thriving real estate market.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Hollywood
- County
- Broward
- State
- Florida
- Longitude
- -80.1420951
- Latitude
- 26.0192406
