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Home Florida Miami Condominiums Hollywood Beach Cypress Gardens Condomini #8A in CYPRESS GARDENS

Apartments Cypress Gardens Condomini

$ 147,000
  • 1 bed
  • 1 bath
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Details
    • Listed on:
      January 30, 2025
    • Days on Market:
      -
    • Maintenance:
      n/a
    • Taxes:
      $ 2,846 per year
    • Year:
      1969
    • Furniture:
      -
    • Floor Description:
      Tile
    • Terms Considered:
      Cash, Conventional
    • View from Apartment:
      Garden View
    • Parking:
      -
  • Interior Features:
    • First Floor Entry
  • Exterior Features:
    • Other
  • Legal Description:
    200 east palmetto park condo unit ph -1
Description
Investment property in Hollywood. IT CAN BE SOLD AS PART OF A PACKAGE ALONG WITH TWO ADDITIONAL FIRST-FLOOR, ONE-BED/ONE-BATHROOM UNITS WITHIN THE SAME COMPLEX. All three apartments are similar in design. This unit has a long term tenant, paying $1,450 and willing to stay. Second unit is: 2219 Polk St. #8A; ASKING $149,900 Vacant, upgraded and ready for rent at $1,600 p/month. Third unit is: 2219 Polk St. #1A; ASKING $145,000. Occupied by a long-term Section 8 tenant paying $1,600 p/month. No need to upgrade while tenants are in premises. Estimated Cap. Rates: 2219/1A: 6.8%, 2219/8A: 6.6%, 2225/8AW: 5.8%. This is an excellent investment opportunity in a fast growing area, just steps of Hollywood Blvd and circles, Dixie Hwy, I-95 and 10' drive to beaches.
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