$3,600,000

Estimated payment $23,435/month

Total Views 1,440
-- Bed
-- Bath
7,476 Sq Ft
$482 Price per Sq Ft

Highlights

  • No HOA
  • Central Heating and Cooling System
  • 1-Story Property
  • Oversized Lot
  • Vinyl Flooring

About This Home

Prime Investment Opportunity: 1815-1825 Mckinley St is a newly renovated 16-unit building, ideally situated on a massive 28,000 sqft lot in the heart of Hollywood and block from US-1. This property is an exceptional opportunity for both investors and developers. The building itself has been thoughtfully renovated to meet modern standards, offering attractive units with updated finishes and strong cashflow (current NOI $225,000). With an oversized lot and the potential for up to 61 units (plans available), this property provides a unique opportunity for future development and expansion. Whether you are looking to build additional units or simply capitalize on the strong demand for rental properties in this thriving location, the possibilities are endless.

Listing Agent

Ben Lipkin

LIV Real Estate Group License #3443432

Co-Listing Agent

David Benichou

LIV Real Estate Group License #3529300

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $40,098

Year Built

  • Built in 1954

Parking

  • 20 Parking Spaces

Home Design

  • Quadruplex
  • Shingle Roof

Interior Spaces

  • 7,476 Sq Ft Home
  • 1-Story Property
  • Vinyl Flooring

Additional Features

  • Oversized Lot
  • West of U.S. Route 1
  • Central Heating and Cooling System

Listing and Financial Details

  • Rent includes electricity, gas, trash collection, water
  • Assessor Parcel Number 514210250070

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • Frank C Dickey Condos
  • Frank C Dickey Subdivision

Building Details

  • Operating Expense $103,467
  • Net Operating Income $225,768

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$40,098

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1954
  • Property Sub Type: Quadruplex
  • Architectural Style: Detached
  • Co List Office Mls Id: LIVR01
  • Co List Office Phone: 561-212-4640
  • Horses: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Quadruplex, Fourplex
  • Subdivision Name: FRANK C DICKEY
  • Year Built Details: Effective Year Built
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Vinyl
  • Living Area: 7476
  • Stories: 1

Exterior Features

  • Roof: Shingle
  • Lot Features: 3/4 To Less Than 1 Acre Lot, Oversized Lot, West Of US 1
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: FRANK C DICKEY
  • Total Parking Spaces: 20

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 514210250070
  • Zoning: FH-2
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: Electricity, Gas, Trash Collection, Water

Multi Family

  • Net Operating Income: 225768
  • Number Of Units In Community: 3
  • Annual Operating Expense: 103467
  • Total Actual Rent: 330660

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 40098

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/06/2025 03/06/25 Off Market $1,850 -- --
03/05/2025 03/05/25 For Sale $3,600,000 0.0% $482 / Sq Ft
02/23/2025 02/23/25 For Rent $1,850 0.0% --
02/10/2025 02/10/25 Off Market -- -- --
01/20/2025 01/20/25 Off Market $1,850 -- --
01/19/2025 01/19/25 For Rent -- -- --
01/19/2025 01/19/25 For Rent $1,850 0.0% --
12/18/2024 12/18/24 For Rent $1,850 0.0% --
12/18/2024 12/18/24 Off Market $1,850 -- --
11/14/2024 11/14/24 For Rent $1,850 -- --
Source: MIAMI REALTORS® MLS

Source: MIAMI REALTORS® MLS

MLS Number: A11757431

MIAMI REALTORS® MLS