906 19Th Ave Hollywood, FL 33020
- Small apartment buildings
- 2,039 SF
Current Use by Public Records
- Small apartment buildings
Property Details for 906 19Th Ave
- Year built
- 1952
- Property size
- 2,039 SF
- Property type
- Small apartment buildings
Description
This Hollywood, Florida duplex, situated on a desirable corner lot in the 33020 zip code, presents a compelling investment opportunity. Built in 1952, the single-story property boasts a total of 2,039 square feet and comprises two units, each featuring two bedrooms and one bathroom. Currently generating a stable monthly rental income of $4,060, this property offers immediate cash flow. The property's PS-1 zoning allows for significant expansion, with the potential to increase the number of units to ten, thereby substantially enhancing the return on investment. Prospective buyers are encouraged to conduct their own due diligence with local authorities to verify development options and confirm the feasibility of expansion plans. The property's location in the vibrant Hollywood area offers excellent growth potential. Please note that tenants should not be disturbed. This is a rare opportunity to acquire a well-maintained income-producing property with substantial upside potential. The asking price for this exceptional investment is $710,000.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Hollywood
- County
- Broward
- State
- Florida
- Longitude
- -80.1450084
- Latitude
- 26.0038619
