314 Elm St
Hollywood, FL 33019
Number of Units: 8
Type: Multi-Unit Residential
8 total units available for sale 1/2 block from the ocean in beautiful North Beach, Hollywood, Florida. Two adjacent fourplexes, comprised of two 1 bedroom units rented annually at $1,300 per month and two studio units rented annually at $875 per month. Wall unit a/c, ceramic tile floors, full kitchen and baths, laundry on premise and 9 parking spaces. Zoning allows for motel/hotel, B&B, Multifamily, SFH & Townhouses. Boutique Hotel or renovating and operating as seasonal rental property will maximize cashflow. Area has experienced tremendous growth with luxury townhouse and condo developments being built within blocks of this property. Owner financing available
Subdivision/Complex Name: HOLLYWOOD CENTRAL REACH
Directions: Just South of Dania Beach Blvd between A1A and surf road on Elm Street. I-95 to Sheridan Street East to A1A, North to Elm Street make right towards the ocean. Property is on the right side of the street facing the ocean.
Cooling: Wall/Window Unit Cooling
Floors: Ceramic Floor, Tile Floors
Construction: CBS Construction
Lot Size: Less Than 1/4 Acre Lot, 1/4 To Less Than 1/2 Acre Lot
Waterfront Description: Ocean Front
Property SubType: Residential Income
Property SubType 2: Fourplex
APN: 514201026740; 51420102675
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Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
Listing Courtesy of Meridian Commercial
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Miami data last updated at January 21, 2018 10:57 PM ET