For Sale
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Property summary
This exceptional investment opportunity presents a six-unit multifamily property located at 6101 Garfield Street in Hollywood, Florida, 33024. The property, built in 1973, offers a total of 3,902 square feet and boasts a 5.50% capitalization rate. Currently operating at 100% occupancy, this Class C building provides a consistent stream of rental income thanks to its long-term tenants. The property's strategic location near the renowned Hard Rock Hotel & Casino, Hollywood Beach Boardwalk, and major transportation arteries including I-95, US1, and the Turnpike, ensures high demand and strong potential for future appreciation. The surrounding area is experiencing significant development, including the Hollywood Downtown Revitalization project, further enhancing the property's value. The building features ample parking, and recent updates contribute to its overall appeal. This is a prime opportunity for investors seeking a stable, cash-flowing asset with significant upside potential in a rapidly growing area. The asking price is $1,200,000. The lot size is not specified.
Property profile
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Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Derived from the Hollywood market rent, vacancy and expense benchmarks for this use type.
Price sensitivity
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Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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