2300 Douglas St Hollywood, FL $ 1,999,900
2300 Douglas St
$ 1,999,900
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2300 Douglas St

Hollywood, FL, 33020
$ 1,999,900
Baths0.0 Sq 3,802

Monthly Estimate*

$ 13,292

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Studio

Commercial Property for sale in Hollywood, FL

for $1,999,900. This 3,802 square foot building was built in 1956 on a lot size of 0.213613.

Attention investors! 7 unit multifamily property with 100% occupancy on annual leases consisting of (6) 1 bedroom with 1 bathroom & (1) 2 bedroom 1 bathroom units. This income producing property is located in an opportunity zone and has an estimated gross annualized rent (GAR) of $142,200 yielding an approximate 5.63% CAP rate. Each unit has their separate electricity meter and pays a monthly water surcharge in addition to the rent.

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Commercial Active

Price

$ 1,999,900

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 14,036

Style

MultiFamily

Lot Size

0.213613

Year Built

1956

Town/City

Hollywood

County/Region

Broward

MLS | Web ID

A11551052

Features
General
Sewer PublicSewer
Cooling WallWindowUnits
Possession ClosingFunding
Roof BuiltUp
Security Features Other SmokeDetectors
Construction Materials Block
Year Built 1956
Tenant Pays Electricity Other
Stories 1
Levels One
Property SubType MultiFamily
Tax Year 2023
Gross Income 142200.0
County Broward County
Net Operating Income 112618.0
Insurance Expense 3988.0
New Construction N
Property Type CommercialSale
HOA / Comm Assn N
Attached Garage N
Garage Y/N N
Status Active
City Hollywood
View Y/N N
Senior Community Y/N N
Zoning Description RS-1
Total Units 7
MLS Area 3020
Lot Size Square Feet 9305.0
Private Pool N
Waterfront Y/N N
Carport Y/N N
Street Name Douglas St
Listing Terms Cash Conventional
Property Attached Y/N N
Land Lease Y/N N
Tax Annual Amount 14036.0
Home Warranty Y/N N
Trash Expense 5676.0
Ok to Lease Item12Months
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11551052
Days on Market 53
Structure Type Apartment
Standard Status Active
Occupancy Type Tenant
Property Sub Type Additional MultiFamily
Legal Description LIBERIA 1-34 B LOT 29 30 BLK 14
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Interior
Flooring Laminate
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N N
Fireplace Y/N N
Electric On Property Y/N N
Total Baths 0
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Exterior
Water Source Public
Lot Size Area 9305.0
Number of Buildings 3
Spa N
Building Area Total 3802.0
Lot Size Units SquareFeet
Covered Spaces 0.0
Number of Separate Electric Meters 1
Road Frontage Type CityStreet
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 2300
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* Excluded Features
List By
Green Lands Realty

Broker

Laura@LauraisyourRealtor.com

Email

Affordability Calculator

$14,462
Per Month
92%
8%
0%
Monthly Principal & Interest
$13,292
Monthly Property Taxes
$1,170
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
292769 Elementary School
292996 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/26/2024$1,999,900 -9.10% Price Down
3/15/2024$2,200,000 Listed Price

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2300 Douglas St, Hollywood, FL, 33020 is a Commercial Property for sale at $1,999,900 with 3,802 sqft and a lot size of 0.213613. 2300 Douglas St is a studio with 0.0 baths and was built in 1956. The property's zip code is 33020 which is in Hollywood, FL