Hollywood, FL 33020,2101 N 16th Ave
$750,000
$975,000
23.1%
Est.Price: ?

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10,001 Sqft Lot

2101 N 16th Ave Hollywood, FL 33020

Est. payment /mo
SOLD DATE : 10/19/2018

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Key Details

Sold Price $750,000

Property Type Commercial

Listing Status Sold

Purchase Type For Sale

MLS Listing ID A10507569

Sold Date 10/19/18

Style Detached

HOA Y/N No

Year Built 1968

Annual Tax Amount $8,736

Tax Year 2017

Lot Size 10,001 Sqft

Property Description

Former licensed assisted living facility that needs converted to 8-10 apartments. Fully renovated, new roof, new HVAC, new bathrooms, new floors, new impact windows and doors, new fencing, new lighting and much more. Easy conversion back to multifamily but just adding a few kitchens. Adjacent lot to the South is included. When fully leased up this property should yield an investor $129,472 in net income providing an investor a 13% capitalization rate on a pro-forma basis.

Location

State FL

County Broward County

Area 3030

Exterior

Waterfront No

Total Parking Spaces 6

Building

Architectural Style Detached

Others

Tax ID 514210210110

Financing Cash

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Listed by RE/MAX 5 Star Realty
Bought with RE/MAX 5 Star Realty

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Anet Ortiz PA

Agent | License ID: SL3084854

+1(786) 399-5009

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