Basic Information

  • MLS # F10236953
  • Type Multi Family
  • Status Closed
  • Year Built 1954
  • Total Sqft 3,489
  • Date Listed 07/02/2020
  • Days on Market 162
Description

Repriced for Disposition Located in an opportunity zone, the subject property is a legal CBS 8plex constructed in 1955 in average to good condition with great curb appeal + an additional contiguous buildable lot 5454 SF. The unit breakdown is eight 8 efficiency apartments. HVAC is unit ACs one per unit. There are six electric meters. Rents are below market. The property will generate additional gains with renovating kitchen and baths. The lot is valued at 135,000 and the 8plex at 765,000. Download the offer memorandum attached or visit brokers website to obtain all the necessary salient data including income + expense + lease survey + sale grids + other. Due to total lot size, 17,046 SF, also feasible as a covered land play with redevelopment opportunity.

Amenities

Exterior Features

  • Waterfront No
  • Parking Spaces 0
  • Pool No
  • Construction Type Block
  • Parking Description
  • Style Multi Family

Interior Features

  • Adjusted Sqft 3,489Sq.Ft
  • Cooling Description Wall Window Units
  • Floor Description Terrazzo
  • Heating Description Window Unit, Wall Furnace
  • Sqft 3,489 Sq.Ft

Property Features

  • Address 515 S 20th Ave
  • Aprox. Lot Size 3,489
  • Construction Materials Block
  • Furnished Info no
  • Listing Terms Cash, Conventional
  • Subdivision Complex
  • Subdivision Info
  • Tax Amount $11,407
  • Tax Legal desc HOLLYWOOD 1-21 B LOT 1,2 BLK 29
  • Tax Year 2019
  • Terms Considered Cash, Conventional
  • Type of Property Multi Family

515 S 20th Ave

Hollywood, FL 33020

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