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Wade M. Berlin

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  4. 1625 Cleveland Street, Hollywood, FL 33020
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1625 Cleveland Street
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PRICED AT ONLY: $1,050,000

Address: 1625 Cleveland Street, Hollywood, FL 33020

Description

Prime East Hollywood Triplex. East of US 1. Corner Lot. Property includes Renovated 2 3/2 Apartments and 1 1/1 Apartment in one well maintained building. Each unit with tiled flooring, impact windows, updated kitchen cabinets with quartz countertops, and access to private front patios. Currently rented and licensed as a Short Term Vacation Rental. VR is generating an average between $9K $12K Gross Income per month for both 3/2s and $1500 for the 1/1. Parking available for up to 7 cars. Great quiet Hollywood Lakes neighborhood. $133,513 PGI. $40,251 NOI. Mortgage Assumption available at 3% Interest Rate. Centrally located near beaches, parks, major highways, shops, and restaurants, ideal for maximizing rental income or long term growth.

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  • MLS#: F10551991 ( Residential )
  • Street Address: 1625 Cleveland Street
  • Viewed: 192
  • Price: $1,050,000
  • Price sqft: $424
  • Waterfront: No
  • Year Built: 1953
  • Bldg sqft: 2475
  • Days On Market: 91

Description

Prime East Hollywood Triplex. East of US 1. Corner Lot. Property includes Renovated 2 3/2 Apartments and 1 1/1 Apartment in one well maintained building. Each unit with tiled flooring, impact windows, updated kitchen cabinets with quartz countertops, and access to private front patios. Currently rented and licensed as a Short Term Vacation Rental. VR is generating an average between $9K $12K Gross Income per month for both 3/2s and $1500 for the 1/1. Parking available for up to 7 cars. Great quiet Hollywood Lakes neighborhood. $133,513 PGI. $40,251 NOI. Mortgage Assumption available at 3% Interest Rate. Centrally located near beaches, parks, major highways, shops, and restaurants, ideal for maximizing rental income or long term growth.
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Features
Building and Construction
  • Fencing: Fenced
  • Flooring: Ceramic Tile, Laminate, Terrazzo
  • Roof: Composition, Shingle
Land Information
  • Lot Features: Interior Lot, Sidewalks
Garage and Parking
  • Parking Features: Circular Driveway
Eco-Communities
  • Water Source: Public
Utilities
  • Cooling: Central Air
  • Heating: Central, Electric
  • Pets Allowed: Yes
  • Sewer: Public Sewer
  • Utilities: Natural Gas Available, Sewer Available, Water Available
Amenities
  • Association Amenities: Sidewalks
Finance and Tax Information
  • Tax Year: 2018
Other Features
  • Appliances: Gas Water Heater, Dishwasher, Disposal, Gas Range, Microwave, Refrigerator, Water Heater
  • Furnished: Unfurnished
  • Legal Description: LEWIS SHORE ESTS 3 LT 72
  • Parcel Number: 74434415040000720
  • Views: 192
  • Zoning Code: SF7(ci
Nearby Subdivisions
Belmar Amended   Bread Building   Carousso Estates   Centerville Condo   Coronet Estates Condominium   Dixie Gardens   Frank C Dickey Sub 11-8 B   Gardner Villas   Garrisons Sub   Hollyood 1-21   Hollywood   Hollywood 1-21 B   Hollywood Country Club Distric   Hollywood Homesites Rev Plat   Hollywood Homesites Secon   Hollywood Lakes   Hollywood Lakes Section   Hollywood Little Ranches   Hollywood Park   Hollywood Park 4-19 B   Hollywood Place   Hollywood South   Hollywood South Side Add   Hollywood South Side Add No 2   Hollywood Terrace   Hollywood Terrace 2 Co-op   Hollywood Terrace Amen Plat   Liberia   Lincoln Gardens Co-op   Look Homesites   Marlynn Apts Co-op   Mayfair Apt Co-op   North Hollywood   North Hollywood 4-1 B   North Hollywood Square Amen Pl   Poinsetta Park 8-35 B   South Hollywood Amd 4-10   South Hollywood Amd Plat   St James Court   St James Park First Add 3   Sub Of 21-51-42 B B-13 D   Sunnyside Estates   Sunset Trails 5 25-46 B   Sunset Trails No 2   Sunset Trails No 4   Sunset Trails No 5   Sunshine Manor   Taft Villas   Thompson Sub Resub   Washington Heights Add  
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Huge investor/developer opportunity*3 adjacent lots w/ separate folio numbers being sold together. 2117, 2125,& 2127 side by side lots on polk st. Zoned dh 3. Residential/commercial. This zoning is fo

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  1. Approx. 5754 sqft
  1. MLSID: F10502216
  2. Provided by LPT Realty, LLC
  3. REALTORS® Association of the Palm Beaches, Inc
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  2. The Real Estate Professional You Deserve
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Wade M. Berlin

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