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Commercial Real Estate

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Description

  • Description:

    We are pleased to present 451 S 19th Ave in Hollywood, an outstanding 8-unit apartment building offering a compelling investment opportunity just steps away from Young Circle and downtown Hollywood. Featuring 8 spacious units, with 7 units featuring 1 bed/1 bath and 1 unit offering 2 beds/1 bath, the property currently enjoys full occupancy. The potential for an impressive $177,000 annual income awaits by adjusting rents to market rates. The property has separate electric meters, impact windows, individual central AC units ensuring convenience and attracting quality tenants. The building is 1990s construction makes maintenance a breeze, and the 40-year certification is not required anytime soon. Parking is hassle-free with 11 assigned spaces. Build up to 10 stories high with PS-3 Zoning.

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Property details

  • Total Building Area: 4991
  • Number of Buildings: 1
  • Lease Term: 36 Months
  • Lot Size Square Feet: 12278
  • Parcel Number: 514215017360
  • Possession: Closing & Funding
  • Lot Size Area: 12278
  • Structure Type: Apartment

Property Features

  • Window Features: Impact Glass
  • Parking Features: Assigned,Other
  • Construction Materials: Block,Other
  • Cooling: Central Air
  • Cooling Y/N: 1
  • Covered Spaces: 0
  • Flooring: Tile,Vinyl
  • Heating: Central
  • Heating Y/N: 1
  • Parking Total: 11
  • Sewer: Public Sewer
  • Roof: Barrel,Tile
  • Water Source: Public
  • Stories: 2

Location Details

  • County Or Parish: Broward County
  • Zoning Description: PS-3

Fees & Taxes

  • Tax Annual Amount: 17401
  • Tax Year: 2023
  • Tax Legal Description: HOLLYWOOD 1-21 B LOT 28 W 10,29,30 BLK 37

Miscellaneous

  • Public Survey Section: 15
  • Syndication Remarks: Please visit Fausto Commercial
  • Tenant Pays: Electricity
  • Year Built Details: Resale

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This -type commercial real estate is located in 19th Ave, Hollywood, was built in 1994, and is listed at $2,500,000.

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