The subject property consists of two concurrent properties totaling 2200 square feet of leasable space sitting on a large 16,615 square foot lot. Great C-3 zoning allows many future uses perfect for a development project. Properties sit directly on Johnson St. There are 5 residential units, all leased. The current net income $42,319 annually. This provides an investor with a very strong above market Capitalization rate of 10.88%. Please see attached offering package for details
Off market
Zestimate®
$611,200
911 N 62nd Ave, Hollywood, FL 33024
--beds
0baths
2,200sqft
MultiFamily
Built in 1958
-- sqft lot
$611,200 Zestimate®
$278/sqft
$2,449 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Cooling
- Wall
Features
- Flooring: Tile
Interior area
- Total interior livable area: 2,200 sqft
Property
Features
- Exterior features: Stucco, Cement / Concrete
Lot
- Size: 0.26 Acres
Details
- Parcel number: 514112051810
Construction
Type & style
- Home type: MultiFamily
Materials
- masonry
- Foundation: Other
- Roof: Other
Condition
- Year built: 1958
Community & neighborhood
Location
- Region: Hollywood
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Estimated market value
$611,200