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314 ELM ST, HOLLYWOOD, FL 33019

314 Elm St
Hollywood, FL 33019

$3,000,000

Number of Units: 8
Type: Multi-Unit Residential
Listing #A10368049
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
Property Features
Location Information
County: Broward
MLS Area: 3010
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.
Interior Features
Heat/Cool: No Heat
Cooling: Wall/Window Unit Cooling
Floors: Ceramic Floor, Tile Floors
Total Number of Units: 8
Exterior Features
Style: Fourplex
Stories: 2.0000
Construction: CBS Construction
Roof: Tar & Gravel Roof
Sewer: Municipal Sewer
Cable TV: yes
Parking Spaces: 9
Lot Size: Less Than 1/4 Acre Lot, 1/4 To Less Than 1/2 Acre Lot
Lot Size in Acres: 0
Lot Size in Sq. Ft.: 0
Zoning: NBDD-DZ
Waterfront Description: Ocean Front
Has Waterfront: yes
Boat Facilities: Other
Additional Information
Property Type: RI
Property SubType: Residential Income
Property SubType 2: Fourplex
Year Built: 1955
APN: 514201026740; 51420102675
Status: Active
Is an REO: No
Is Short Sale: No
Tax Year: 2016
Tax Amount: 15, 638


$ per month
Year Fixed. % Interest Rate.
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Monthly Tax: $
Monthly Insurance: $
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List Price:
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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 Real Miami Commercial R.E.
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Miami data last updated at November 19, 2017 7:50 PM ET