For Sale
$2,500,000

1501 Arthur St Hollywood, FL 33020

Prime Location, High ROI Potential

Property Records

Overview

Added:
Feb 3
Days on market:
85
This exceptional 10-unit multi-family property, located at 1501 Arthur Street in Hollywood, Florida, presents a compelling investment opportunity. The 8,250 square foot building sits on a sizable 0.34-acre lot (14,800 square feet), offering ample space and potential for future development or expansion. Each of the ten units boasts a comfortable 1-bedroom, 1-bathroom layout, with individual unit sizes ranging from 825 to 900 square feet. The property's strategic location, just three miles from the vibrant Hollywood Beach and Broadwalk, ensures high occupancy rates and strong rental income. Its proximity to major transportation arteries, Port Everglades, and Fort Lauderdale-Hollywood International Airport further enhances its appeal to both residents and businesses. This prime location benefits from a growing residential population and a robust business environment, making it an ideal investment in a rapidly developing market. The asking price of $2,500,000 reflects the exceptional value and potential return on investment this property offers. This is a rare opportunity to acquire a well-maintained, centrally located multi-family property with significant upside potential in a highly sought-after area of South Florida. The property's size and location make it an attractive option for both seasoned investors and those seeking to enter the lucrative South Florida real estate market.

Property Details for 1501 Arthur St

Property type
Multifamily properties
Square Feet
8,250 SF
Year Built
1969
Lot Size (sq. ft)
14,810 SF

Location Insight

City
Hollywood
County
Broward
State
Florida
Latitude
26.02305
Longitude
-80.13701

FAQs

What type of property is this?
Multifamily property - Prime Location, High ROI Potential
Where is the multifamily property located?
The property is located at 1501 Arthur St Hollywood, FL.
What is the asking price?
The asking price for this property is $2,500,000.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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1501 Arthur St
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