Fourplex, Residential Income,Detached - Hollywood, FL
Great apartment rental located in desirable east Hollywood Florida. Excellent location only 3 mile from famous Hollywood Beach and walking distance to Downtown Hollywood. Property has been recently renovated. Exquisite landscaping make it a great investment opportunity. Beautiful private yard with fire pit, hot tub and a zen garden and much more. The property is currently booked using the AirBnB platform into 2018 with many repeat customers. Tenants enjoy common areas with picnic table / BBQ area, lounge deck area and a bar area in a tropical paradise. This property is currently grossing $100,200 per year, netting $59,259. This NOI provides an investor with a very strong 10.13% capitalization rate. *Per County this property is registered as 3 legal units.
Would you like more information regarding this property?
Please call (954) 361-0000.
Data Provided by Miami Association of REALTORSMore Information for this listing