$620,000
$780,000
20.5%For more information regarding the value of a property, please contact us for a free consultation.
1,494 SqFt
SOLD DATE : 08/23/2024
Key Details
Sold Price $620,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,494 sqft
Price per Sqft $414
Subdivision Hollywood Little Ranches
MLS Listing ID A11561818
Sold Date 08/23/24
Construction Status Resale
HOA Y/N No
Year Built 1950
Annual Tax Amount $4,464
Tax Year 2023
Contingent Other
Property Description
This property is currently a duplex with a tenant in Unit A and owner-occupied in Unit B. It sits on a half-acre lot in Hollywood, offering an exceptional redevelopment opportunity. This can be a tear down! The City of Hollywood has proposed plans for 8 townhome units, making it an ideal investment for residential development, particularly for multifamily units. Its proximity to Hollywood Circle and the beaches makes it perfect for a townhouse community. With the area experiencing rapid growth and development, it presents a promising investment opportunity. Zoned R-18, it's conveniently located near Oakridge Elementary, Olsen Middle, and South Broward High School.
Location
State FL
County Broward County
Community Hollywood Little Ranches
Area 3010
Interior
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Flooring Terrazzo, Tile
Window Features Blinds
Exterior
Pool None
Utilities Available Cable Available
Waterfront No
Roof Type Shingle
Total Parking Spaces 2630
Building
Lot Description < 1/4 Acre
Sewer Septic Tank
Water Public
Structure Type Block
Construction Status Resale
Others
Tax ID 514216024680
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash
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Bought with Complete Realty Group
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5425 Golden Gate Pkwy, Naples, FL, 34116, United States