1 /
87
Map
$2,943,866*
●
Multifamily -
Off Market
609 S Ocean Dr
Hollywood, FL 33019
Studio
0 Bath
1872 Sqft
$2,228,000 - $2,722,000
Reference Base Price*
18.94%
Since Jun 1, 2021
National-US
Primary Model
About This Property
12% CAP Rate Amazing opportunity for investors wishing to do
Vacation Rentals. Zoned for Hotel, Completely Remodeled 8 units
that consist of 3 One bedroom Units and 5 Studio Units. Impact
Windows throughout!!! You do not need a vacation rental license to
perform business in this unit. It is allowed per Hollywood zoning
laws. Units are fully rented by Airbnb and have a good database of
repeated customers. Roof is new and units are fully remodeled with
porcelain floors, spot lights and brand new bathrooms. Seller will
provide all the current bookings for next months so new buyer can
earn income right from closing date. One bedroom units are
currently rented for 150-200 dollars a day and studios 100-150 a
day, depending on holidays and days of the week. Steps to ocean and
restaurants.
The manager has listed the unit size as 1872 square feet.
The manager has listed the unit size as 1872 square feet.
Unit Size
1,872Ft²
Days on Market
-
Land Size
-
Price per sqft
$1,322
Property Type
Multifamily
Property Taxes
$1,534
HOA Dues
-
Year Built
1954
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 6, 2023 | Sold | $5,000,000 | |
| Sold | |||
| Jul 29, 2021 | Sold | $3,000,000 | |
| Sold | |||
| May 12, 2021 | No longer available | - | |
| No longer available | |||
| Apr 5, 2021 | Price Decreased |
$2,475,000
↓ $25K
(1%)
|
|
| Price Decreased | |||
| Dec 1, 2020 | Listed | $2,500,000 | |
| Listed | |||
Property Highlights
609 S Ocean Dr
By proceeding, you consent to receive calls and texts at the number you provided, including marketing by autodialer and prerecorded and artificial voice, and email, from Move, Inc., Move Sales, Inc., Opcity, Inc., realtor.com, and their network of service providers, about your inquiry and other home-related matters, but not as a condition of any purchase. Msg/data rates may apply. This consent applies even if you are on a corporate, state, or national Do Not Call list.
By proceeding, you agree to our Terms of Service.
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
Active
House
5
Beds
3
Baths
1,874 ft²
$1,067/ft²
$1,999,999
Jul 15, 2022
-
$767/mo
Active
House
5
Beds
4
Baths
2,720 ft²
$917/ft²
$2,495,000
Dec 21, 2022
-
$1,913/mo
Active
Townhouse
3
Beds
2.5
Baths
2,859 ft²
$700/ft²
$1,999,900
Jan 6, 2022
-
$2,075/mo
Active
House
5
Beds
4
Baths
3,537 ft²
$834/ft²
$2,950,000
Feb 13, 2022
-
$1,059/mo
Active
House
4
Beds
3
Baths
3,800 ft²
$526/ft²
$1,999,000
Sep 6, 2022
-
$858/mo
Active
House
5
Beds
4.5
Baths
4,138 ft²
$675/ft²
$2,795,000
Jul 6, 2022
-
$4,303/mo
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
|---|---|---|---|---|---|---|---|---|
|
03/07/2022
|
|
Studio
|
-
|
1872 ft²
|
$6,999,000
Studio
-
1872 ft²
|
-
-
|
-
|
Ilona Antonova
Vera Realty LLC
|
|
08/03/2020
|
|
Loft
|
-
|
1872 ft²
|
$2,499,000
Loft
-
1872 ft²
|
$3,000,000
+20.05%
07/29/2021
|
-
|
Alex Brik
Vera Realty LLC
|
Building Info
