For Sale
$691,000

2133 Coolidge StHollywood, FL 33020

Four-unit building, high cap rate, strong potential.

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional multifamily investment property, located at 2133 Coolidge St, Hollywood, FL 33020, presents a compelling opportunity for discerning investors. The property, built in 1957, comprises four units within a 1,563 square foot building, offering a price per unit of $172,750 and an attractive asking price of $691,000. The property boasts a strong 4.00% capitalization rate and a price per square foot of $406. The zoning is DH-3, with a maximum residential area allowed of approximately 20,142 square feet, suggesting potential for future development or expansion (up to approximately 20 buildable units). The parcel ID is 51-42-09-05-1130. Situated in Broward County, this property offers investors a chance to capitalize on the thriving Hollywood, Florida real estate market. The property's strong cash flow potential, combined with the development potential indicated by the zoning and maximum buildable area, makes this a truly unique investment opportunity. This is a rare chance to acquire a well-located multifamily property with significant upside potential in a desirable Florida market.

Highlights

  • 2133 Coolidge St, Hollywood, FL 33020
  • DH-3 Zoning
  • Approx. 20,142 SF Max Residential Area (Potential for ~20 units)
  • Parcel ID: 51-42-09-05-1130

Property Details for 2133 Coolidge St

Property type
Residential income homes, Apartment buildings
Square Feet
1,563 SF
Year Built
1957
Units
4

Location Insight

City
Hollywood
County
Broward
State
Florida
Latitude
26.0290101
Longitude
-80.150891
2133 Coolidge St, Hollywood, Florida

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2133 Coolidge St
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