2203 N Surf Road, Hollywood, FL 33019 — MLS photo

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2203 N Surf Road, Hollywood, FL 33019

Active · Triplex

$6,200,000

2203 N Surf Road, Hollywood, FL 33019

Beds
—
Baths
0
Living area
8,240 sq ft
$ / sq ft
$752/sq ft
Year built
1979
Lot size
—
HOA fee
—
Annual tax
—

About this property

An exceptional opportunity to own a distinctive ocean front three unit building on the Broadwalk in Hollywood. The property features two expansive 4-bedroom units ( Units 1 & 3) along with a penthouse unit. The penthouse is highlighted by a private elevator, two primary suites and it's own rooftop terrace. Zoned BWK-25-HD, this property offers versatility and my be repurposed for other commercial applications. Whether maintained as a one home/multi family asset or transformed into a commercial concept, this property delivers size, flexibility and zoning advantages rarely found in todays market and right on the beach.

Property location

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2203 N Surf Road, Hollywood, FL 33019

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Facts & features

Interior

Bathrooms
0
Living area
8,240 sq ft

Exterior & Structure

Property type
Triplex
Year built
1979

Parking

Not provided in the MLS listing.

HOA, Community & Financials

County
Broward
MLS listing ID
F10544942
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

-$14,131

Cap rate
3.0%
Net yield
3.0%
Cash-on-cash return
-9.8%
Gross yield
6.2%
Mortgage payment
$29,391/mo
Down payment
$1,550,000
Loan amount
$4,650,000
Annual NOI
$183,126

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