$1,499,000
$76K PRICE DROP

Estimated payment $9,922/month

Total Views 2,209
-- Bed
-- Bath
1,778 Sq Ft
$843 Price per Sq Ft

Highlights

  • Cooling Available
  • No Heating
  • 2-minute walk to Hollywood Beach
  • Ceramic Tile Flooring

About This Home

LOCATION!!! 4-plex building 1 block from the beach, steps from Hollywood board walk. Updated interior, impact windows, roof - 7 year old, new electrical, 4 separate electric meters. Two 1 bedroom 1 bath + Two studios, fully furnished and currently operating as short term rental business through AIRBNB and Booking platforms all year around with 90% occupancy rate. CAP rate shown based on long term rental numbers. Recently painted exterior and very well kept. DO NOT BOTHER TENANTS! PROOF OF FUNDS AND ESCROW LETTER SHOWING DEPOSIT REQUIRED BEFORE SUBMITTING AN OFFER AND SHOWING THE PROPERTY. SELLER FINANCING AVAILABLE WITH UP TO 60% LTV AT VERY COMPETITIVE INTEREST ONLY RATE!!!

Listing Agent

Yuliya Prysedska

Grand State Realty License #3374283

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $18,846

Year Built

  • Built in 1954

Parking

  • 4 Parking Spaces

Home Design

  • Quadruplex
  • Flat Roof with Façade front

Interior Spaces

  • 1,778 Sq Ft Home
  • 2-Story Property
  • Ceramic Tile Flooring

Utilities

  • Cooling Available
  • No Heating

Listing and Financial Details

  • Rent includes cable TV, gardener, pest control, sewer, trash collection, water
  • Assessor Parcel Number 514213013780

Community Details

Overview

  • Property has a Home Owners Association
  • 2 Units
  • Hollywood Beach Condos
  • Hollywood Beach Subdivision

Building Details

  • Operating Expense $33,000
  • Net Operating Income $87,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$18,846

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1954
  • Property Sub Type: Quadruplex
  • Horses: No
  • New Construction: No
  • Building Stories: 2
  • Structure Type: Quadruplex, Fourplex
  • Subdivision Name: HOLLYWOOD BEACH
  • Year Built Details: Effective Year Built
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Interior Amenities: Stairs
  • Flooring: Ceramic Floor
  • Living Area: 1778
  • Stories: 2

Exterior Features

  • Roof: Flat Roof With Facade Front
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: HOLLYWOOD BEACH
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Cooling: Electric
  • Cooling Y N: Yes
  • Heating: None
  • Heating Yn: No

Condo/Co-op/Association

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

Association/Amenities

  • MIAMIRE_TypeofAssociation: Other

Lot Info

  • Parcel Number: 514213013780
  • Zoning: BRT-25-R
  • ResoLotSizeUnits: SquareFeet

Rental Info

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

Multi Family

  • Net Operating Income: 87000
  • Number Of Units In Community: 2
  • Annual Operating Expense: 33000
  • Total Actual Rent: 120000

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 18846

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

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 $20,456 $971,120 -- --
2024 $18,846 $962,960 $142,920 $820,040
2023 $18,846 $802,590 $0 $0
2022 $16,582 $729,630 $0 $0
2021 $15,177 $663,300 $0 $0
2020 $13,874 $603,000 $142,920 $460,080
2019 $14,068 $602,910 $142,920 $459,990
2018 $14,448 $636,660 $142,920 $493,740
2017 $12,408 $540,540 $0 $0
2016 $11,435 $491,400 $0 $0
2015 $9,202 $362,160 $0 $0
2014 $8,546 $329,240 $0 $0
2013 -- $355,140 $142,920 $212,220
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/06/2025 02/06/25 For Sale $1,499,000 0.0% $843 / Sq Ft
01/31/2025 01/31/25 Off Market $1,499,000 -- --
11/28/2024 11/28/24 Price Changed $1,499,000 -4.8% $843 / Sq Ft
11/01/2024 11/01/24 For Sale $1,575,000 +94.4% $886 / Sq Ft
03/31/2017 03/31/17 Sold $810,000 -18.6% $458 / Sq Ft
03/02/2017 03/02/17 Pending -- -- --
12/22/2016 12/22/16 Price Changed $995,000 -28.9% $563 / Sq Ft
11/04/2016 11/04/16 For Sale $1,399,000 -- $791 / Sq Ft
Source: MIAMI REALTORS® MLS

Deed History

Date Type Sale Price Title Company
Warranty Deed $810,000 None Available
Quit Claim Deed -- Attorney
Personal Reps Deed -- Attorney
Deed $100 --
Interfamily Deed Transfer -- None Available
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Interfamily Deed Transfer -- --
Quit Claim Deed $100 --
Warranty Deed $117,857 --
Source: Public Records

Source: MIAMI REALTORS® MLS

MLS Number: A11686173

MIAMI REALTORS® MLS

APN: 51-42-13-01-3780