Seller Financing
Address
206 S 15th Ave, Hollywood, FL
Price
$ 1,599,000
Property Attributes
  • MLS#A11581848
  • TypeIncome
  • CountyBROWARD
  • CityHollywood
  • Area3050
  • NeighborhoodHOLLYWOOD
  • Zip33020
  • StyleFourplex
  • Year Built1930
  • Taxes$ 13708
  • Price$ 1,599,000
  • Bedrooms2
  • Full Bathrooms1
  • Half Bathrooms0
  • Sqr Footage3686
Data Source:
Southeast Florida MLS (SEFMLS)
Property Description

Seller financing available with 30% down! Introducing 206 S 15th Ave, a unique 6-unit multifamily property nestled on a corner lot in the vibrant Young Circle/Hollywood Lakes area of downtown Hollywood. This gem comprises two buildings offering a diverse mix of units, including one 2-bed/1-bath, four 1-bed/1-bath, and one studio unit. Featuring a coin laundry room, this property presents an opportunity for additional monthly income. The location is unbeatable, with easy access to restaurants, bars, shopping, and just a short drive from the beach. Recent upgrades including a new roof and landscaping add to the property's appeal. At full occupancy, it has the potential to generate approximately $140k annual income at market rates, making it a very attractive investment opportunity.

Price History
5/6/2024 Listed $1,599,000

General Features

Sewer PublicSewer
Heating WallFurnace
Cooling WallWindowUnits
Utilities CableAvailable
Possession ClosingFunding
Roof Shingle
Exterior Features Balcony
Patio/Porch Features Balcony,Open
Architectural Style Fourplex
Pool Features None
Construction Materials Block
Year Built 1930
Stories 2
Levels Two
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,Other,Sewer,TrashCollection,Water
Status Active
City Hollywood
Buyer Agent Compensation 2%
View Y/N No
Senior Community Y/N No
Zoning Description RS-6
MLS Area 3050
Private Pool No
Waterfront Y/N No
Carport Y/N No
Street Name 15th Ave
Listing Terms Cash,Conventional,OwnerMayCarry,Other
Property Attached Y/N No
Year Built Details Resale
Land Lease Y/N No
Tax Annual Amount 13708.0
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/A11581848
Days on Market 3
Standard Status Active
Occupancy Description CallAgent
Property Sub Type Additional Quadruplex
MobileHomeRemainsYN No
PostalCity Hollywood
Legal Description HOLLYWOOD 1-21 B LOT 16 BLK 78

Interior Features

Flooring Other,Wood
Basement (Y/N) No
Air Conditioning Y/N Yes
Heating Y/N Yes
Fireplace Y/N No
Electric On Property Y/N No

Exterior Features

Lot Features Item14Acre
Total Parking 0.0
Spa No
Building Area Total 3686.0
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 $1.13M
$1.6M
Taxes
AVG $11,629
$13,708
Visits
AVG 232
125
Data Provided by Inside Real Estate®
Year Built
AVG 1954
1930

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