Interior
- Bathrooms
- 0
Active · MultiFamily
$995,000
1910 Washington St, Hollywood, FL 33020
- Beds
- —
- Baths
- 0
- Living area
- — sq ft
- $ / sq ft
- —
- Year built
- 1949
- Lot size
- 8,283 sq ft
- HOA fee
- —
- Annual tax
- $10,212
About this property
The Subject property is a fully approved, shovel-ready 9-unit multifamily development in the heart of Hollywood, Florida. The property features a 1,986± SF duplex on an 8,283± SF lot (PS-1 zoning), currently leased to two tenants generating $5,000/month. Approved plans include a modern 9-unit building, 10 parking spaces, and landscaping designed to meet all city standards. Once stabilized, the project is expected to produce $295k in gross annual income, $222,750 NOI, and a 9.3% cap rate. Located near Downtown Hollywood, Young Circle, and major highways, this is a turnkey opportunity for investors or developers.
Property location
Get Directions1910 Washington St, Hollywood, FL 33020
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Facts & features
Exterior & Structure
- Property type
- MultiFamily
- Year built
- 1949
- Lot size
- 8,283 sq ft
Parking
- Covered spaces
- 0
HOA, Community & Financials
- Annual tax
- $10,212
- County
- Broward
- Days on market
- 303
- MLS listing ID
- A11899548
- Listing status
- Active
Virtual tour
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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
-$1,223
- Cap rate
- 4.2%
- Net yield
- 4.2%
- Cash-on-cash return
- -5.3%
- Gross yield
- 6.6%
- Mortgage payment
- $4,717/mo
- Down payment
- $248,750
- Loan amount
- $746,250
- Annual NOI
- $41,931
Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.