Investment property near Hollywood Beach, FL Easily use as 4 units if needed.
Prime Location only a one mile from Hollywood Beach. The projected monthly income on this property is $3,600. per month with updating. This is also a great area for Air BnB rentals being so close to beach and golf course. This is a high demand area and not many properties like this become available for sale. Can be used as 2/2 on each side or 3/3 and 1/1 or use as 4 units. The property has been recently painted and has Central A/C on both sides and newer appliances. Roof is about 15 years old with no leaks.
Unit A: Current actual income of $975. on month to month 1/1
Unit B: Current actual income of $1,750. on month to month 3/3
Drive by only. Please do not disturb the tenants or walk on property. Viewing or inspections will only be done after an acceptable as-is contract for at least 389k has been submitted with proof of funds or pre-approval letter.
Rental comparable rates in the area:
1/1 – $975 to $1,400
2/2 – $1,700 to $2,100
3/3 – $2,000 to $2,600
Please contact Dave Macri, Broker/owner 954-295-5248