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Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,770 sqft
Price per Sqft $336
Subdivision Hollywood Lawns
MLS Listing ID A11988438
Sold Date 05/21/26
HOA Y/N No
Year Built 1957
Annual Tax Amount $13,335
Tax Year 2025
Contingent No Contingencies
Property Sub-Type Duplex
Property Description
Price reduced! Exceptional opportunity to acquire a high-performing income property in East Hollywood. This duplex features two spacious 2BR/2BA units currently generating $4,560/month ($2,250 + $2,310) with reliable long-term tenants and consistent payment history, providing immediate and stable cashflow from day one.
Each unit offers two separate entrances, creating a unique opportunity to reconfigure the layout into four units (2 studios + 2 one-bedrooms) and significantly increase income potential through short-term rentals or Airbnb (buyer to verify local regulations).
The property is well maintained and includes separate utilities, ample parking, and private outdoor space, making it attractive for both tenants and future value-add strategies.
Located in one of Hollywood's most dynamic and growing areas, just minutes from the beach, Downtown Hollywood, Gulfstream Park, and major highways including I-95. The area continues to benefit from strong demand and ongoing development, supporting long-term appreciation.
Seller is offering a $10,000 contribution with a full price offer.
This is a rare opportunity that combines current income, operational flexibility, and future upside, making it ideal for investors looking to strengthen or expand their portfolio in South Florida.
Location
State FL
County Broward
Community Hollywood Lawns
Area 3030
Direction From I-95, exit Sheridan St east, turn right on N 22nd Ave, left on Lincoln St, then right on N 16th Ct. Property is on the right-hand side. Minutes from Downtown Hollywood, the beach, and Gulfstream Park.
Interior
Heating None
Cooling Wall/Window Unit(s)
Flooring Ceramic Tile
Exterior
Pool None
Utilities Available Cable Available
Roof Type Flat,Tile
Total Parking Spaces 4
Private Pool No
Building
Lot Description < 1/4 Acre
Story 1
Sewer Public Sewer
Level or Stories One
Structure Type Block
Others
Tax ID 514210141190
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
Financing Cash
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Bought with The Neuman Group Corp
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