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    FOR SALE
    Commercial real estate

    5657 Grant St Hollywood, FL 33021

    Property ID
    US19-0505418
    5657 Grant St, Hollywood, FL 33021 For Sale 1 / 59
    $899,999
    5657 Grant St, Hollywood, FL 33021
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    Property summary
    AI-generated overview

    This fully renovated five-unit apartment building presents a compelling investment opportunity in the heart of Hollywood, Florida. Located at 5657 Grant St, Hollywood, FL 33021, this property offers a mix of unit sizes designed to maximize rental income. The unit configuration includes one one-bedroom unit, one large studio, and three standard studios. Each unit boasts recently completed renovations, featuring brand new bathrooms, kitchens, and flooring, along with modern appliances. Tenant convenience is enhanced by an on-site laundry room. The property benefits from a recently installed new roof, minimizing maintenance concerns and ensuring long-term durability. With a strong pro-forma NOI of $68,250 and an 8.04% pro-forma cap rate, this property offers a significant return on investment. The asking price is $849,000, translating to $169,800 per unit. Situated in a highly desirable and easily rentable area of Hollywood, this turnkey property is poised for continued appreciation, making it an ideal acquisition for investors seeking strong cash flow and long-term growth potential in a thriving Florida market. This is a rare opportunity not to be missed.

    Property profile
    Verified
    Property type Commercial real estate
    UPID US19-0505418
    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
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