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Property profile & analytics
OFF-MARKET
Small apartment buildings

2640 Garfield St Hollywood, FL 33020

Built 1952
Entity Owned 1-yr Hold
Property ID
US18-4885915
Property summary
AI-generated overview

This exceptional investment opportunity presents a charming 1952-built, one-story duplex located in the desirable East Hollywood neighborhood of Hollywood, Florida. Situated on a spacious lot, this property offers two completely separate single-family homes, each with its own private fenced yard and parking area. The front house boasts three bedrooms and one bathroom, currently leased for $2,500 per month, while the back house features two bedrooms, one bathroom, and a garage, generating $2,000 in monthly rent. Both units are equipped with washer/dryer hookups and benefit from individual electrical and water meters. The property is located on a quiet dead-end street, providing a peaceful and secure environment for tenants. Current tenants are month-to-month, offering flexibility for the new owner. This FHA-approved property presents a compelling investment opportunity, ideal for an owner-occupant seeking rental income or a savvy investor looking for a strong cash flow. The property's location in East Hollywood, combined with its solid rental income and separate utilities, makes it a highly attractive proposition in the current market. The property address is 2640 Garfield Street, Hollywood, FL 33020.

Property profile
Verified
Property type Small apartment buildings
Year built 1952
UPID US18-4885915
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
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Gns Investors LLC · 1 yrs held
Gns Investors LLC
since 2024
1 recorded transaction
2024
$580,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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