2212 Johnson St, Hollywood, FL 33020 — MLS photo

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2212 Johnson St, Hollywood, FL 33020

Active · MultiFamily

$1,295,000

2212 Johnson St, Hollywood, FL 33020

Beds
—
Baths
0
Living area
— sq ft
$ / sq ft
—
Year built
—
Lot size
20,797 sq ft
HOA fee
—
Annual tax
—

About this property

Two duplexes being sold together (2212 Johnson St Folio#5142-16-01-4730 an 2208 Johnson St. Folio #5142-16-01-4731). Great opportunity as these lots are zoned DH-2 (Allows up to 4 stories max 45 ft.). The two lots are equal to 20,797 SF (Approx .477 Acre), with a floor area ratio of 1.75. This property has lots of potential for a developer to do a unity of title and build multi-family dwellings, department of planning has a minimum of 650 Sq.Ft units allowed. Current it is two duplexes with long term stable tenants. It is well maintained and has had some updates and improvements. Local parks, community centers and wonderful amenities near this well located property. Between Ft. Lauderdale, Miami, HardRock and the beach.

Property location

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2212 Johnson St, Hollywood, FL 33020

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Facts & features

Interior

Bathrooms
0

Exterior & Structure

Property type
MultiFamily
Lot size
20,797 sq ft

Parking

Not provided in the MLS listing.

HOA, Community & Financials

County
Broward
MLS listing ID
A11221712
Listing status
Active

Investment intelligence

Yield & ROI calculator

Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.

Estimated monthly cash flow

-$2,534

Cap rate
3.3%
Net yield
3.3%
Cash-on-cash return
-8.4%
Gross yield
6.6%
Mortgage payment
$6,139/mo
Down payment
$323,750
Loan amount
$971,250
Annual NOI
$43,258

Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.