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Property profile & analytics
OFF-MARKET
Commercial real estate

6101 Garfield St Hollywood, FL 33024

3,902 SF Built 1973
Property ID
US18-1415746
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 Commercial real estate
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
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
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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