1601 S 57th Ave Hollywood, FL 33023
Washington Park NeighborhoodHighlights
- Gated Community
- Wall Furnace
- 3-minute walk to Fletcher Street Park
- Cooling System Mounted To A Wall/Window
About This Home
As of December 2024Embrace the opportunity to invest in Hollywood's dynamic real estate market with this fully remodeled fourplex. Experience the blend of high income potential and the vibrant lifestyle that Hollywood, Florida, offers. This fourplex is not just a property; it's a turnkey investment opportunity poised for growth. With a strong rental history and a prime location near major Hollywood attractions, it represents a strategic addition to any investment portfolio. Currently generating an average rent of $1,625 per unit, this fourplex presents a compelling investment with robust income potential. The combination of modern amenities, desirable location, and outdoor living spaces ensures high demand and sustained occupancy.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,239
Year Built
- Built in 1956
Parking
- 4 Parking Spaces
Home Design
- Quadruplex
- Flat Roof Shape
Interior Spaces
- 2,040 Sq Ft Home
- 1-Story Property
- Laminate Flooring
Utilities
- Cooling System Mounted To A Wall/Window
- Wall Furnace
Listing and Financial Details
- Rent includes hot water
- Assessor Parcel Number 514124080240
Community Details
Overview
- 4 Units
- Washington Park Hallandal Subdivision
Security
- Gated Community
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/20/2024 12/20/24 | Sold | $725,000 | -6.5% | $355 / Sq Ft |
| 11/19/2024 11/19/24 | For Sale | $775,000 | 0.0% | $380 / Sq Ft |
| 12/12/2022 12/12/22 | For Rent | $1,595 | 0.0% | -- |
| 12/12/2022 12/12/22 | Rented | $1,595 | +27.6% | -- |
| 08/26/2021 08/26/21 | Under Contract | -- | -- | -- |
| 08/25/2021 08/25/21 | Rented | $1,250 | 0.0% | -- |
| 08/23/2021 08/23/21 | For Rent | $1,250 | 0.0% | -- |
| 07/20/2021 07/20/21 | Rented | $1,250 | 0.0% | -- |
| 07/20/2021 07/20/21 | Under Contract | -- | -- | -- |
| 07/13/2021 07/13/21 | For Rent | $1,250 | +4.6% | -- |
| 04/28/2021 04/28/21 | For Rent | $1,195 | -4.4% | -- |
| 04/28/2021 04/28/21 | Rented | $1,250 | -- | -- |
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $9,278 | $654,310 | $54,120 | $600,190 |
| 2024 | $9,239 | $374,670 | $54,120 | $320,550 |
| 2023 | $9,239 | $373,860 | $54,120 | $319,740 |
| 2022 | $8,653 | $354,300 | $54,120 | $300,180 |
| 2021 | $7,474 | $296,370 | $54,120 | $242,250 |
| 2020 | $7,461 | $297,940 | $54,120 | $243,820 |
| 2019 | $6,991 | $280,640 | $54,120 | $226,520 |
| 2018 | $6,102 | $233,990 | $54,120 | $179,870 |
| 2017 | $4,218 | $138,180 | $0 | $0 |
| 2016 | $3,994 | $125,620 | $0 | $0 |
| 2015 | $3,580 | $114,200 | $0 | $0 |
| 2014 | $3,389 | $103,820 | $0 | $0 |
| 2013 | -- | $119,720 | $54,120 | $65,600 |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $900,000 | New Conventional | |
| Previous Owner | $306,000 | Future Advance Clause Open End Mortgage | |
| Previous Owner | $225,000 | New Conventional | |
| Previous Owner | $160,000 | Balloon | |
| Previous Owner | $120,000 | Commercial | |
| Previous Owner | $47,498 | Commercial | |
| Previous Owner | $58,500 | Commercial |
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $725,000 | None Listed On Document | |
| Warranty Deed | $408,000 | Lexant Title & Escrow Llc | |
| Interfamily Deed Transfer | -- | Attorney | |
| Warranty Deed | $300,000 | Title Guaranty Of South Flor | |
| Warranty Deed | $260,000 | Independent Title Of Fort La | |
| Warranty Deed | $65,000 | Town & Country Title | |
| Warranty Deed | $52,643 | -- |
Source: BeachesMLS (Greater Fort Lauderdale)
MLS Number: F10472301
APN: 51-41-24-08-0240
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