$600,000
UNDER CONTRACT

Estimated payment $4,352/month

Total Views 1,058
-- Bed
-- Bath
2,280 Sq Ft
$263 Price per Sq Ft

Highlights

  • Garden View
  • Open Patio
  • Tile Flooring
  • Porch
  • Shed
  • 5-minute walk to Driftwood Community Center

About This Home

Prime investment opportunity in Hollywood, FL. This rented duplex generates $4,000 per month with a lease in place until May 31, 2025, offering immediate rental income with the potential for increased earnings on the next lease. The property features two separate living spaces: the downstairs unit offers three bedrooms, two bathrooms, an updated kitchen, and modern tile flooring, while the upstairs unit includes one bedroom, one bathroom, a large open living area, and a functional kitchenette.FULL IMPACT WINDOWS, newer A/C and a new roof is being installed 2025,a covered patio, a fully fenced backyard with shed. Conveniently located near major highways, shopping, and just minutes from Hollywood Beach and Seminole Hard Rock Hotel & Casino. Great for any investor

Listing Agent

Tabatha Cabrera

KW Innovations License #3471663

KW Innovations

Co-Listing Agent

Courtney Farrell

Keller Williams Realty Boca Raton License #3332238

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,030

Year Built

  • Built in 1981

Lot Details

  • 6,360 Sq Ft Lot
  • Fenced

Home Design

  • Duplex
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 2,280 Sq Ft Home
  • 2-Story Property
  • Garden Views

Flooring

  • Laminate
  • Tile

Outdoor Features

  • Open Patio
  • Shed
  • Porch

Schools

  • Driftwood Elementary And Middle School
  • Hollywood Hills High School

Utilities

  • Central Heating and Cooling System
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 514102070270
  • Seller Considering Concessions

Community Details

Overview

  • 2 Units
  • Driftwood Acres No 5 Subdivision

Building Details

  • Operating Expense $18,301
  • Net Operating Income $29,699

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,030

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Duplex
  • Property Sub Type Additional: Duplex
  • Directions: SHERIDAN ST, WEST OF THE TURNPIKE, TO RT(N) ON 68TH AVE, TO LEFT(W) ON SIMMS ST
  • Year Built: 1981
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: Resale
  • Special Features: 4224
  • Stories: 2

Interior Features

  • Flooring: Laminate, Tile
  • Living Area: 2280.0

Exterior Features

  • Exterior Features: Fence, Porch, Patio, Shed
  • View: Garden
  • Lot Features: < 1/4 Acre
  • Pool Features: None
  • Waterfront: No
  • Disclosures: Pet on Property
  • Construction Type: Block
  • Other Structures: Shed(s)
  • Patio And Porch Features: Open, Patio, Porch
  • Property Condition: Resale
  • Roof: Composition, Shingle

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Electricity Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Senior Community: No
  • Association Fee Frequency: Monthly

Schools

  • Elementary School: Driftwood
  • High School: Hollywood Hills
  • Middle Or Junior School: Driftwood

Lot Info

  • Parcel #: 514102070270
  • Lot Size: < 1/4 Acre
  • Lot Size Sq Ft: 6360.0
  • Zoning Description: RS-6
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Exterior Electric, Water

Multi Family

  • Property Net Operating Income: 29699.0
  • Number Of Units Total: 2
  • Annual Operating Expense: 18301.0

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 12030.0

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 $12,030 $573,370 $57,240 $516,130
2024 $11,264 $573,370 $57,240 $516,130
2023 $11,264 $498,160 $0 $0
2022 $9,762 $452,880 $57,240 $395,640
2021 $4,890 $260,680 $0 $0
2020 $4,820 $257,090 $0 $0
2019 $4,762 $251,310 $0 $0
2018 $4,543 $246,630 $0 $0
2017 $4,407 $241,560 $0 $0
2016 $4,395 $236,600 $0 $0
2015 $5,548 $243,520 $0 $0
2014 $5,316 $230,350 $0 $0
2013 -- $195,000 $38,160 $156,840
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/08/2025 02/08/25 For Sale $600,000 0.0% $263 / Sq Ft
02/06/2025 02/06/25 For Sale $600,000 +130.8% $263 / Sq Ft
04/02/2015 04/02/15 Sold $260,000 -3.7% $115 / Sq Ft
02/10/2015 02/10/15 Pending -- -- --
01/16/2015 01/16/15 For Sale $269,900 +128.7% $119 / Sq Ft
11/07/2014 11/07/14 Sold $118,000 -30.6% $56 / Sq Ft
10/22/2014 10/22/14 Pending -- -- --
10/16/2014 10/16/14 For Sale $170,000 0.0% $81 / Sq Ft
10/08/2014 10/08/14 Pending -- -- --
10/08/2014 10/08/14 For Sale $170,000 -- $81 / Sq Ft
Source: BeachesMLS

Deed History

Date Type Sale Price Title Company
Warranty Deed $390,000 Town & Country Ttl Guaranty
Warranty Deed $260,000 None Available
Special Warranty Deed $118,000 Attorney
Special Warranty Deed -- New House Title Llc
Trustee Deed -- None Available
Warranty Deed $220,000 D G M Title Services Inc
Warranty Deed $112,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $169,505 FHA
Previous Owner $405,000 No Value Available
Previous Owner $35,000 Credit Line Revolving
Previous Owner $255,290 FHA
Previous Owner $209,022 Purchase Money Mortgage
Previous Owner $100,000 Unknown
Previous Owner $90,000 New Conventional
Source: Public Records

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Source: BeachesMLS

MLS Number: R11060658

BeachesMLS

APN: 51-41-02-07-0270