
Description
Seller Financing Available! Introducing 1215 N 17th Ct, a rare value-add 14-unit multifamily property located east of US1, just 2 minutes from Downtown Hollywood's vibrant Young Circle, beaches, and restaurants. The property features a desirable unit mix of 8 oversized 1-bed/1-bath units (easily convertible to 2-bed units) and 6 studio units, with a 2015 roof. Currently vacant but once fully rehabbed and occupied, the property can generate over $265,000 in annual gross income, with even greater potential if unit conversions are completed. Situated on a 22,000 sqft double lot with FH-1 zoning, the site offers redevelopment potential for up to 37 units, making this an exceptional investment opportunity.
School Ratings & Info
Description
Seller Financing Available! Introducing 1215 N 17th Ct, a rare value-add 14-unit multifamily property located east of US1, just 2 minutes from Downtown Hollywood's vibrant Young Circle, beaches, and restaurants. The property features a desirable unit mix of 8 oversized 1-bed/1-bath units (easily convertible to 2-bed units) and 6 studio units, with a 2015 roof. Currently vacant but once fully rehabbed and occupied, the property can generate over $265,000 in annual gross income, with even greater potential if unit conversions are completed. Situated on a 22,000 sqft double lot with FH-1 zoning, the site offers redevelopment potential for up to 37 units, making this an exceptional investment opportunity.
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