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$ 1,700,000
Est. payment /mo
Active
1215 N 17th Ct Hollywood, FL 33020
5,505 SqFt
UPDATED:
01/22/2025 06:42 PM
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 5,505 sqft
Price per Sqft $308
MLS Listing ID A11729674
Construction Status Resale
HOA Y/N No
Year Built 1936
Annual Tax Amount $26,799
Lot Size 0.514 Acres
Property Sub-Type Multi Family
Property Description
Seller Financing Available! Introducing 1215 N 17th Ct, a rare value-add 14-unit multifamily property located east of US1, just 2 minutes from Downtown Hollywood's vibrant Young Circle, beaches, and restaurants. The property features a desirable unit mix of 8 oversized 1-bed/1-bath units (easily convertible to 2-bed units) and 6 studio units, with a 2015 roof. Currently vacant but once fully rehabbed and occupied, the property can generate over $265,000 in annual gross income, with even greater potential if unit conversions are completed. Situated on a 22,000 sqft double lot with FH-1 zoning, the site offers redevelopment potential for up to 37 units, making this an exceptional investment opportunity.
Location
State FL
County Broward
Area 3070
Interior
Heating Window Unit, Wall Furnace
Cooling Wall/Window Unit(s)
Exterior
Roof Type Shingle
Total Parking Spaces 14
Private Pool Yes
Building
Water Public
Structure Type Block
Construction Status Resale
Others
Tax ID 514210330020
Acceptable Financing Cash, Conventional, Owner May Carry
Listing Terms Cash, Conventional, Owner May Carry
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11729674
Listed by Fausto Commercial Realty Consultants Inc