Address
2300 Douglas St, Hollywood, FL
Price
$ 1,999,900
Property Attributes
  • MLS#A11551098
  • TypeIncome
  • CountyBROWARD
  • CityHollywood
  • Area3020
  • NeighborhoodLiberia
  • Zip33020
  • StyleFourplex
  • Year Built1956
  • Taxes$ 14036
  • Price$ 1,999,900
  • Bedrooms8
  • Full Bathrooms7
  • Half Bathrooms0
  • Sqr Footage3802
Data Source:
Southeast Florida MLS (SEFMLS)
Property Description

Attention investors! 7 unit multifamily property with 100% occupancy on annual leases consisting of (6) 1bedroom with 1 bathroom & (1) 2 bedroom 1 bathroom units. This income producing property is located in an opportunity zone and has an estimated gross annualized rent (GAR) of $142,200 yielding an approximate 5.63%CAP rate. Each unit has their separate electricity meter and pays a monthly water surcharge in addition to the rent.

Price History
3/15/2024 Listed $2,200,000
3/26/2024 10% - $1,999,900

General Features

Sewer PublicSewer
Heating None
Cooling WallWindowUnits
Utilities CableAvailable
Possession ClosingFunding
Roof BuiltUp
Architectural Style Fourplex
Pool Features None
Construction Materials Block
Year Built 1956
Stories 1
Levels One
Property SubType Quadruplex
Tax Year 2023
County Broward County
Net Operating Income 112618.0
Operating Expense 29581.0
New Construction No
Property Type ResidentialIncome
HOA / Comm Assn No
Attached Garage No
Subdivision Name Liberia
Garage Y/N No
Rent Includes Gardener,Sewer,TrashCollection,Water
Status Active
City Hollywood
Buyer Agent Compensation 2%
View Y/N No
Senior Community Y/N No
Zoning Description RS-1
MLS Area 3020
Private Pool No
Waterfront Y/N No
Carport Y/N No
Street Name Douglas St
Listing Terms Cash,Conventional
Property Attached Y/N No
Year Built Details Unknown
Land Lease Y/N No
Tax Annual Amount 14036.0
Home Warranty Y/N No
Lease Renewal Y/N No
MLS Area Minor Hollywood East (3010-3050)
Additional Parcels Y/N No
Lease Considered Y/N No
Rent Control Y/N No
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11551098
Days on Market 53
Standard Status Active
Occupancy Description Tenant
Total Actual Rent 142200.0
Property Sub Type Additional Quadruplex
MobileHomeRemainsYN No
PostalCity Hollywood
Legal Description LIBERIA 1-34 B LOT 29,30 BLK 14

Interior Features

Flooring Laminate
Basement (Y/N) No
Air Conditioning Y/N Yes
Heating Y/N No
Window Features Blinds
Fireplace Y/N No
Electric On Property Y/N No

Exterior Features

Lot Features Item14Acre
Water Source Public
Total Parking 0.0
Spa No
Lot Size Units SquareFeet
Covered Spaces 0.0
Crops Included Y/N No
Open Parking Y/N No
Horse Y/N No
Irrigation Water Rights Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Income Average in 33020

Price
AVG $1.1M
$2M
Taxes
AVG $11,287
$14,036
Visits
AVG 200
145
Data Provided by Inside Real Estate®
Year Built
AVG 1955
1956

Looking for a more comfortable experience?

Download our mobile app for a personalized browsing experience.