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Home Florida Miami Single Family Homes Hollywood Beach GARRISONS SUB

Single Family Home GARRISONS SUB

$ 569,000
  • 3 bed
  • 2 bath
  • 7,918 ft2 (736 m2)
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Details
    • Listed on:
      December 21, 2024
    • Days on Market:
      -
    • Maintenance:
      n/a
    • Taxes:
      $ 9,412 per year
    • Year:
      1960
    • Furniture:
      Unfurnished
    • Floor Description:
      Ceramic Floor
    • Terms Considered:
      Cash, Conventional
    • View from Apartment:
      None
    • Parking:
      -
  • Interior Features:
    • First Floor Entry
    • Studio Apartment
  • Exterior Features:
    • Room For Pool
  • Legal Description:
    200 east palmetto park condo unit ph -1
Description
1533 Cleveland Street in Hollywood is a prime investment opportunity featuring a 2-bedroom, 1-bathroom main house and an attached 1-bedroom, 1-bathroom efficiency unit. The property is currently generating a robust rental income of $3,200 per month, with the efficiency unit renting for $1,300 and the main house for $2,000.
Hollywood is experiencing significant growth, with over 3,500 new residential units either under construction or approved in Downtown Hollywood and the Hollywood Boulevard Streetscape Improvement Project is underway, enhancing the area's appeal and potentially increasing property values.
The seller is motivated to finalize the sale promptly, presenting a unique opportunity for investors to acquire a property in a rapidly developing area with immediate rental income.
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