2133 Coolidge StHollywood, FL 33020

Property Details for 2133 Coolidge St

Year built

1957

Property size (Sq ft)

1,563 SF

Property type

Investment properties

Property subtype

Multifamily properties

Description

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.

Location Insight

City

Hollywood

County

Broward

State

Florida

Latitude

26.029

Longitude

-80.1509

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