Address not disclosed, Hollywood, FL 33023
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Address not disclosed, Hollywood, FL 33023
Address not disclosed, Hollywood, FL 33023
Address not disclosed, Hollywood, FL 33023
Address not disclosed, Hollywood, FL 33023
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Alex Mendel

Alex Mendel

+1(561) 827-8449
$ 1,699,000
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Address not disclosed Hollywood, FL 33023

4,471 SqFt

UPDATED:

Key Details

Property Type Multi-Family, Commercial

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 4,471 sqft

Price per Sqft $380

MLS Listing ID A12025025

Style Detached

HOA Y/N No

Year Built 1959

Annual Tax Amount $21,434

Lot Size 10,602 Sqft

Property Sub-Type Multi Family

Property Description

Excellent investment opportunity in Hollywood! 10-unit multifamily property consisting of six 1-bedroom/1-bath units and four studio units. Current projected gross income approximately $165,300 annually, including laundry income. Unit 6 is currently vacant, providing immediate upside potential. Five units fully renovated, three partially renovated, and two in original condition.

Property operates as a 10-plex with seven electric meters. Corner lot of approximately 10,000 SF offers potential future redevelopment opportunities. Strong tenant demand area with convenient access to major highways, shopping, dining, and employment centers.

Projected NOI approximately $106,684 with an estimated cap rate of 6.28% based on projected income and expenses. Buyer to verify all income, expenses, zoning, measurements, and redevelopment potential. Financials, rent roll, and leases available upon request.

Location

State FL

County Broward

Area 3080

Exterior

Total Parking Spaces 11

Private Pool Yes

Building

Architectural Style Detached

Structure Type Block

Others

Tax ID 514124140770

Security Features Fenced

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Virtual Tour https://fastpropertylistings.com/6097-Rodman-St/idx

Miami Association of Realtors (SEFMIAMI MLS)
Listed by ISRAM Realty & Management
Alex Mendel

Alex Mendel

Agent

+1(561) 827-8449

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