$4,400,000

Estimated payment $36,590/month

Total Views 1,300
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Cooling System Mounted To A Wall/Window
  • Ceiling Fan
  • Heating System Mounted To A Wall or Window
  • Ceramic Tile Flooring

About This Home

22 unit building in the heart of Hollywood with additional value add potential! 8 two bedrooms units and 14 one bedroom units has a monthly income of $37,600, net operating income (NOI) of $306,285 and a cap rate of 6.96%.Building has 22 parking spaces with additional street parking, gated entry, coin laundry and security cameras. Additionally, this property sits on a DH-3 zoned lot, allowing for huge potential redevelopment. Located in the Dixie Highway Mixed Use District, property can be up to 10 stories or max 140 Ft. Potential use as Retail, Hotel, Multi-Family or Mixed Use making it an attractive option for investors looking to capitalize on future growth opportunities in the area.

Listing Agent

Florence Khan

Reaction Realty Group, Inc. License #553758

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $47,227

Year Built

  • Built in 1962

HOA Fees

  • $8,096 Monthly HOA Fees

Parking

  • 22 Parking Spaces

Home Design

  • Quadruplex
  • Shingle Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Blinds

Flooring

  • Ceramic Tile
  • Vinyl

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Mounted To A Wall or Window

Community Details

  • Bonnie Villa Apts Co Op Condos
  • Bonnie Villa Apts Co Op,Bonnie Villa Subdivision

Listing and Financial Details

  • Assessor Parcel Number 514215NN0010

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$47,227

Year Built

Built in 1962

Lot Details

0

HOA Fees

$8,096 per month

Listing Details

  • Property Type: Residential Income
  • Year Built: 1962
  • Property Sub Type: Quadruplex
  • Architectural Style: Detached
  • Directions: Google Maps
  • Horses: No
  • New Construction: No
  • Building Stories: 2
  • Structure Type: Quadruplex, Fourplex
  • Subdivision Name: BONNIE VILLA APTS CO-OP,BONNIE VILLA
  • Year Built Details: Resale
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Flooring: Ceramic Floor, Vinyl
  • Stories: 2
  • Window Features: Blinds

Exterior Features

  • Roof: Shingle
  • Construction Type: CBS Construction
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: BONNIE VILLA APTS CO-OP
  • Total Parking Spaces: 22

Utilities

  • Sewer: Public Sewer
  • Cooling: Ceiling Fan(s), Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Window/Wall
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee: 8096
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Other

Lot Info

  • Parcel Number: 514215NN0010
  • Zoning: DH-3
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: Hot Water, Gardener, Pest Control, Sewer, Trash Collection, Water

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 47227

Multi Family

  • Number Of Units In Community: 1
  • Number Of Units Total: 22

Map

Range of Values:

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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
03/19/2025 03/19/25 For Sale $4,400,000 -- --
Source: MIAMI REALTORS® MLS

Deed History

Date Type Sale Price Title Company
Deed -- None Listed On Document
Warranty Deed $90,000 Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $90,000 Balloon
Source: Public Records

Source: MIAMI REALTORS® MLS

MLS Number: A11766910

MIAMI REALTORS® MLS

APN: 51-42-15-NN-0010