Seller Financing
Address
711 S 20th Ave, Hollywood, FL
Price
$ 950,000
Property Attributes
  • MLS#A11523564
  • TypeIncome
  • CountyBROWARD
  • CityHollywood
  • Area3040
  • NeighborhoodHOLLYWOOD
  • Zip33020
  • StyleFourplex
  • Year Built1975
  • Taxes$ 8534
  • Price$ 950,000
  • Bedrooms4
  • Full Bathrooms4
  • Half Bathrooms0
  • Sqr Footage2414
Data Source:
Southeast Florida MLS (SEFMLS)
Property Description

Seller financing available! Introducing 711 S 20th Ave in Hollywood, a fantastic fourplex offering a compelling investment opportunity. Consisting of four spacious 1-bed/1-bath units, all currently occupied, this property presents an opportunity to unlock an impressive $86,000 annual income by adjusting rents to market rates. Engineered for efficiency, it features separate electric meters, impact windows, central AC units and a brand new roof, ensuring cost-effective maintenance. Strategically positioned just a 2-minute drive from Young Circle, this investment not only promises financial returns but also enjoys a prime location. Parking is a breeze with 4 assigned spaces (1 for each tenant), enhancing tenant convenience.

Price History
1/30/2024 Listed $950,000

General Features

Sewer PublicSewer
Heating Central,Other
Cooling CentralAir,Other
Utilities CableAvailable
Possession ClosingFunding
Roof Flat,Other
Architectural Style Fourplex
Pool Features None
Construction Materials Block,Other
Year Built 1975
Stories 1
Levels One
Property SubType Quadruplex
Tax Year 2023
County Broward County
New Construction No
Property Type ResidentialIncome
HOA / Comm Assn No
Attached Garage No
Subdivision Name HOLLYWOOD
Garage Y/N No
Rent Includes Gardener,HotWater,Sewer,TrashCollection,Water
Status Active
City Hollywood
Buyer Agent Compensation 2%
View Y/N No
Senior Community Y/N No
Zoning Description PS-2
MLS Area 3040
Private Pool No
Waterfront Y/N No
Carport Y/N No
Street Name 20th Ave
Listing Terms Cash,Conventional,FHA,OwnerMayCarry
Property Attached Y/N No
Year Built Details Resale
Land Lease Y/N No
Tax Annual Amount 8534.0
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/A11523564
Days on Market 1
Standard Status Active
Occupancy Description Tenant
Property Sub Type Additional Quadruplex
MobileHomeRemainsYN No
PostalCity Hollywood
Legal Description HOLLYWOOD 1-21 B LOT 29 S 65,LOT 30 S 65 BLK 31

Interior Features

Flooring Other,Terrazzo,Tile
Basement (Y/N) No
Air Conditioning Y/N Yes
Heating Y/N Yes
Window Features ImpactGlass
Fireplace Y/N No
Electric On Property Y/N No

Exterior Features

Lot Features Item14Acre
Total Parking 4.0
Spa No
Building Area Total 2414.0
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 $1.21M
$950K
Taxes
AVG $11,814
$8,534
Visits
AVG 187
291
Data Provided by Inside Real Estate®
Year Built
AVG 1954
1975

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