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 Income )
- Street Address: 1625 Cleveland Street
- Viewed: 7
- Price: $1,050,000
- Price sqft: $424
- Waterfront: No
- Year Built: 1953
- Bldg sqft: 2475
- Days On Market: 45
- Additional Information
- Geolocation: 26 / -80
- County: Broward
- City: Hollywood
- Zipcode: 33020
- Subdivision: Poinsetta Park 8 35 B
- Elementary School: Hollywood Central
- Middle School: Olsen
- High School: South Broward
- Provided by: Compass Florida, LLC
- DMCA Notice
Features
Building and Construction
- Exterior Features: Storage
- Flooring: Ceramic Tile
- Roof: Shingle, Wood
School Information
- High School: South Broward
- Middle School: Olsen
- School Elementary: Hollywood Central
Eco-Communities
- Water Source: Public
Utilities
- Cooling: Central Air
- Heating: Separate Meters, Central, Electric, Heat Pump
- Pets Allowed: Yes, No Restrictions
- Road Frontage Type: East of US-1
- Sewer: Public Sewer
- Utilities: Cable Available
Finance and Tax Information
- Tax Year: 2024
Rental Information
- Tenant Pays: None
Other Features
- Legal Description: POINSETTA PARK 8-35 B LOT 12 S 70 OF W 19.44, 13 S 70, 14 S 70 BLK 1
- Parcel Number: 514210200100
- Zoning Code: RM-12
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Contact Info
- The Real Estate Professional You Deserve
- Mobile: 904.248.9848
- phoenixwade@gmail.com
