Interior
- Bathrooms
- 0
- Living area
- 1,614 sq ft
Active · Duplex
$675,000
1309 N 24th Ave, Hollywood, FL 33020
- Beds
- —
- Baths
- 0
- Living area
- 1,614 sq ft
- $ / sq ft
- $418/sq ft
- Year built
- 1925
- Lot size
- —
- HOA fee
- —
- Annual tax
- —
About this property
INVESTOR'S DREAM!!! GREAT DEVELOPMENT OPPORTUNITY FOR 5 TOWNHOMES (2BR+DEN/2.5BA EACH) ON THIS OVERSIZED CORNER LOT OF 14,518 SQFT. PRE-APPROVED PLANS. CURRENTLY ONE UNIT IS RENTED WITH IMMEDIATE INCOME. AMPLE PARKING. ARCHITECTURAL PLANS ARE READY FOR PACO PRESENTATION (SEE ATTACHED DOCUMENT). THIS PROPERTY IS CONVENIENTLY LOCATED BETWEEN FORT LAUDERDALE AND MIAMI. LESS THAN 3.5 MILES TO HOLLYWOOD BEACH AND MINUTES DRIVE TO DOWNTOWN HOLLYWOOD CIRCLE
Property location
Get Directions1309 N 24th Ave, Hollywood, FL 33020
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Facts & features
Exterior & Structure
- Property type
- Duplex
- Year built
- 1925
Parking
Not provided in the MLS listing.
HOA, Community & Financials
- County
- Broward
- MLS listing ID
- A11902829
- 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
-$377
- Cap rate
- 5.0%
- Net yield
- 5.0%
- Cash-on-cash return
- -2.4%
- Gross yield
- 8.5%
- Mortgage payment
- $3,200/mo
- Down payment
- $168,750
- Loan amount
- $506,250
- Annual NOI
- $33,869
Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.