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Map
$479,000
↓ $20K (4%)
●
Multifamily -
For Sale
1008 N 22
Hollywood, FL 33020
Studio
0 Bath
1340 Sqft
$2,925
Estimated Monthly
$0
HOA / Fees
2.32%
Cap Rate
About This Property
PRICE REDUCTION!!! Amazing opportunity to purchase this income
producing duplex with a 1/1 and a 1/1 currently at 4.75% CAP RATE,
generating over 2,850 per month with a MASSIVE upside potential to
be at 6.5% or greater. This property is well maintained, featuring
a new roof that was installed 2023, New AC Units, and water heater.
New floors in both units!
Space in rear of property to build another unit for more income opportunities!
Located only 1 Mile from downtown Hollywood, fine dining and shopping. 2 Miles from Hollywood Beach.
Rents could increase with no updates needed!
Tenant occupied, please do not disturb tenants.
Space in rear of property to build another unit for more income opportunities!
Located only 1 Mile from downtown Hollywood, fine dining and shopping. 2 Miles from Hollywood Beach.
Rents could increase with no updates needed!
Tenant occupied, please do not disturb tenants.
Unit Size
1,340Ft²
Days on Market
17 days
Land Size
-
Price per sqft
$357
Property Type
Multifamily
Property Taxes
$573
HOA Dues
-
Year Built
1955
Listed By
Last updated: 2 days ago (Beaches MLS #F10435207)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 4, 2024 | Price Decreased |
$479,000
↓ $20K
(4%)
|
|
| Price Decreased | |||
| Apr 18, 2024 | Listed by EXP Realty, LLC. | $499,000 | |
| Listed by EXP Realty, LLC. | |||
| Nov 12, 2020 | Sold to James E Harris | $320,000 | |
| Sold to James E Harris | |||
Property Highlights
Parking Details
Parking: 4 Spaces
Interior Details
Interior Information
Flooring Type: Laminate, Wood Floors
Exterior Details
Property Information
Listing Terms: Cash, Conventional, FHA, VA
Building Information
Construction Type: Cbs Construction
Lot Information
Lot Features: Less Than 1/4 Acre Lot
Financial Details
Total Taxes: $6,873
Tax Year: 2023
Compensation to Buyers Agent: 2.5%
Compensation to Transaction Broker: 2.5%
Possession Information: Funding
Utilities Details
Heating Type: Central Heat
Cooling Type: Electric Cooling, Wall/Window Unit Cooling
Sewer Septic: Municipal Sewer
Location Details
Subdivision Complex Building: Hollywood Terrace 3-12 B
Water Description: Municipal Water
Zoning Information: RM-9
1008 N 22
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Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Multifamily
Stu
-
1,475 ft²
$353/ft²
$520,000
Nov 2, 2023
$520,000
Dec 29, 2023
$488/mo
Multifamily
Stu
-
1,462 ft²
$304/ft²
$445,000
Apr 13, 2023
$445,000
Sep 28, 2023
$445/mo
Multifamily
Stu
-
1,996 ft²
$261/ft²
$520,000
Sep 27, 2023
$520,000
Oct 24, 2023
$538/mo
Sold
Multifamily
Stu
-
2,193 ft²
$205/ft²
$450,000
Aug 9, 2023
$450,000
Sep 29, 2023
$770/mo
House
2
Beds
2
Baths
1,263 ft²
$372/ft²
$470,000
Sep 9, 2023
$470,000
Oct 5, 2023
$117/mo
Sold
House
3
Beds
2
Baths
1,389 ft²
$313/ft²
$435,000
Sep 18, 2023
$435,000
Nov 30, 2023
$317/mo
In Contract
House
3
Beds
2
Baths
1,378 ft²
$362/ft²
$499,000
Jan 27, 2024
-
$455/mo
In Contract
House
3
Beds
2
Baths
1,452 ft²
$320/ft²
$465,000
Nov 10, 2023
-
$119/mo
Active
House
2
Beds
2
Baths
1,110 ft²
$450/ft²
$500,000
Mar 8, 2022
-
$415/mo
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
|---|
Building Info
1008 North 22nd Avenue
1008 North 22nd Avenue, Hollywood, FL 33020
- 1 Unit for Sale
About North Central Hollywood
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Nearby Rentals
Listed by: Alex Saludes
EXP Realty, LLC.
Last Updated: 2 days ago
Data Source: Beaches MLS, MLS# F10435207
All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2024 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The listing broker's offer of compensation is made to participants of BeachesMLS, where the listing is filed, as well as participants of MLSs participating in MLSAdvantage or a data share with BeachesMLS.
EXP Realty, LLC.
Last Updated: 2 days ago
Data Source: Beaches MLS, MLS# F10435207
Courtesy of RH Advisors, Inc. and RHP Realty NJ, Inc.
