1215 N 17th Ct Pending

Hollywood,FL 33020

$ 1700000

- Bed

0 Bath

5505 SqFt


Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Pending

Purchase Type For Sale

Square Footage 5,505 sqft

Price per Sqft $308

MLS Listing ID A11729674

Year Built 1936

Annual Tax Amount $26,799

Lot Size 0.514 Acres

Property Sub-Type Multi Family

Property Description

CASH OFFERS ONLY! 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

Building

Water Public

Structure Type Block

Others

Acceptable Financing Cash

Listing Terms Cash

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