$875,000
$100K PRICE DROP

Estimated payment $5,627/month

Total Views 2,350
-- Bed
-- Bath
2,820 Sq Ft
$310 Price per Sq Ft

Highlights

  • Newly Remodeled
  • Porch
  • Central Heating and Cooling System
  • No HOA
  • Terrazzo Flooring
  • Laundry Facilities

About This Home

Income-Producing Triplex in Prime Hollywood Location! Discover a fantastic investment opportunity with this versatile triplex, perfect for both long-term and short-term rental options, including Airbnb! Situated just minutes from the beach, downtown, shopping, and dining, this property is in a high-demand area ideal for tenants and vacationers alike. The property features a single water meter with average monthly water expenses of $120 and is on a septic system for lower utility costs. With its updated features and prime location, this triplex offers a unique chance to generate consistent income. Don’t miss out on this exceptional investment opportunity! Additionally, there is a fourth source of income generated by a shed that functions as an efficiency.

Listing Agent

Semien Sutton

LoKation License #3319012

LoKation

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,927

Year Built

  • Built in 1957 | Newly Remodeled

Parking

  • 5 Parking Spaces

Home Design

  • Triplex
  • Shingle Roof

Interior Spaces

  • 2,820 Sq Ft Home
  • 1-Story Property
  • Terrazzo Flooring

Utilities

  • Central Heating and Cooling System
  • Septic Tank

Additional Features

  • Porch
  • Fenced

Listing and Financial Details

  • Assessor Parcel Number 514216025110

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Hollywood Little Ranches Condos
  • Hollywood Little Ranches Subdivision

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,927

Year Built

Built in 1957 | Newly Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1957
  • Property Sub Type: Triplex
  • Architectural Style: Attached, Detached
  • Horses: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Triplex
  • Subdivision Name: HOLLYWOOD LITTLE RANCHES
  • Year Built Details: New Construction
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Terrazzo
  • Living Area: 2820
  • Stories: 1

Exterior Features

  • Roof: Shingle
  • Construction Type: Concrete Block Construction
  • Fencing: Fenced
  • Lot Features: Less Than 1/4 Acre Lot
  • Patio And Porch Features: Open Porch
  • Pool Private: No
  • Property Condition: New Construction
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: HOLLYWOOD LITTLE RANCHES
  • Total Parking Spaces: 5

Utilities

  • Sewer: Septic Tank
  • Green Building Features: Laundry Facility
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Gas Company: Natural Gas

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 514216025110
  • Zoning: RM-18
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: Gardener, Sewer, Trash Collection

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 8927

Multi Family

  • Number Of Units In Community: 4

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

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 $9,801 $467,250 -- --
2024 $8,927 $460,840 -- --
2023 $8,927 $377,430 $92,250 $285,180
2022 $7,854 $334,170 $92,250 $241,920
2021 $7,421 $312,130 $92,250 $219,880
2020 $7,411 $312,530 $92,250 $220,280
2019 $2,599 $168,800 $0 $0
2018 $2,456 $148,220 $0 $0
2017 $2,151 $80,880 $0 $0
2016 $2,038 $77,560 $0 $0
2015 $1,915 $75,240 $0 $0
2014 $1,872 $73,030 $0 $0
2013 -- $121,900 $92,250 $29,650
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/24/2025 04/24/25 Price Changed $875,000 -10.3% $310 / Sq Ft
09/11/2024 09/11/24 For Sale $975,000 +25.0% $346 / Sq Ft
06/05/2023 06/05/23 Sold $780,000 0.0% $359 / Sq Ft
05/31/2023 05/31/23 Pending -- -- --
05/06/2023 05/06/23 For Sale $780,000 -- $359 / Sq Ft
Source: MIAMI REALTORS® MLS

Deed History

Date Type Sale Price Title Company
Warranty Deed $780,000 Title Alliance Professionals
Quit Claim Deed $100 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $805,740 VA
Previous Owner $100,000 New Conventional
Previous Owner $4,148 Commercial
Source: Public Records

Source: MIAMI REALTORS® MLS

MLS Number: A11657374

MIAMI REALTORS® MLS

APN: 51-42-16-02-5110