1203 17Th CtHollywood, FL 33020

Property Details for 1203 17Th Ct

Year built

1952

Lot size

0.13 AC

Property size (Sq ft)

3,489 SF

Property type

Other multifamily properties

Property subtype

Residential income properties

Description

This exceptional 8-unit multifamily property, situated at 1203 N 17th Ct in Hollywood, Florida, presents a lucrative investment opportunity. Spanning 3,489 square feet on a 0.13-acre lot, this property is ideally located just two minutes from the bustling Young Circle in downtown Hollywood. The building comprises seven one-bedroom, one-bathroom units and one spacious studio apartment. Recent upgrades significantly enhance the property's value and appeal. These improvements include brand-new impact windows, a three-year-old roof, and modernizations within most units. These modernizations encompass new appliances, updated flooring, renovated bathrooms, and improved lighting fixtures. The property's prime location offers residents easy access to a vibrant array of restaurants, shopping centers, and the beautiful Hollywood Beach. At full occupancy, this property projects an annual rental income of approximately $192,000, reflecting strong market demand. The seller is offering financing options, making this an even more attractive proposition for discerning investors. This is a rare opportunity to acquire a well-maintained, high-performing multifamily property in a highly desirable location.

Location Insight

City

Hollywood

County

Broward

State

Florida

Latitude

26.0218

Longitude

-80.1419

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