Price Reduction - Eco Friendly - Seller Financing
Address
605 S Ocean Dr Hollywood, FL
Price
$ 3,800,000
Property Attributes
  • MLS#A10792040
  • TypeMulti-Family
  • CountyBROWARD
  • CityHollywood
  • Area3010
  • NeighborhoodHollywood Beach
  • Zip33019
  • StyleFourplex
  • Year Built1942
  • Taxes570
  • Price$ 3,800,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage6000
Listing Provided Courtesy Of:
Vera Realty LLC
Property Description

Amazing opportunity for investors wishing to do Vacation Rental Business. Zoned for Hotel, Completely Remodeled 12 units that consist of 5 One bedroom Units and 7 Studio Units. Impact Windows throughout!!! You do not need a vacation rental license to perform business in this unit. It is allowed per Hollywood zoning laws. Units are fully rented by Airbnb and have a good database of repeated customers. Roof is new and units are fully remodeled with porcelain floors, spot lights and brand new bathrooms. Seller will provide all the current bookings for next months so new buyer can earn income right from closing date. One bedroom units are currently rented for 150-200 dollars a day and studios 100-150 a day, depending on holidays and days of the week. Steps to ocean and restaurants.

Price History
12/28/2019 Listed $4,100,000
1/6/2020 3% - $3,990,000
1/20/2020 2% - $3,950,000
1/27/2020 2% - $3,900,000
2/22/2020 3% - $3,800,000

General Features

Energy Efficient Appliances
Flooring Tile
Levels One
Location 1/4 To Less Than 1/2 Acre Lot
MLS Area 3010
Property SubType Quadruplex
Property Type Residential Income
Stories 1
Subdivision Name HOLLYWOOD BEACH
Terms Cash, Conventional, Owner Will Carry, Owner May Carry
Zoning Description 39 / HOTELS, MOTELS

Interior Features

Air Conditioning Y/N Yes
Cooling Central Air
Heating Electric
Heating Y/N Yes
Window Features Impact Glass

Exterior Features

Architectural Style Fourplex
Construction Materials Block
Exterior Features Patio
Lot Features 1/4 to 1/2 Acre Lot
Patio/Porch Features Patio
Pool Features None
Roof Concrete
Sewer Public Sewer
Total Parking 3
OriginalMLSID A10792040

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 33019

Price
AVG $1.86M
$3.8M
Taxes
AVG $14,949
$570
Visits
AVG 76
93
Year Built
AVG 1959
1942
Walkscore
AVG 55
54
Data Provided by Walkscore ® not using MLS data

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