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Financial
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Property profile

6101 Garfield St Hollywood, FL 33024

FOR SALE
Specialty properties
Property ID
US18-1415746
3,902 SF Built 1973
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Property summary

AI-generated overview

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

Verified
Property type Specialty properties
Year built 1973
Total area 3,902 SF
UPID US18-1415746

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

6101 Garfield St Hollywood, FL 33024
Hollywood metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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