Interior
- Bathrooms
- 0
- Living area
- 2,700 sq ft
- Flooring
- Laminate
- Cooling
- Central Air
- Heating
- Central
Active · Quadruplex
$1,299,000
2320 Garfield St, Hollywood, FL 33020
- Beds
- —
- Baths
- 0
- Living area
- 2,700 sq ft
- $ / sq ft
- $481/sq ft
- Year built
- 2024
- Lot size
- —
- HOA fee
- —
- Annual tax
- $19,237
About this property
This brand new, fully leased fourplex in the heart of Hollywood is an investor's dream. Only one year old this property will be very low maintenance for many, many years. Units earn between $2,160 and $2,260 each, meaning this could make you a passive $10,000 without lifting a finger. In a quiet, peaceful, suburban area between Miami and Ft. Lauderdale there will always be high demand for rentals just like this. The building has 6 parking spaces, all marked so you can assign them as you see fit. Do not miss the opportunity to own a cash cow in South Florida!
Property location
Get Directions2320 Garfield St, Hollywood, FL 33020
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Facts & features
Exterior & Structure
- Property type
- Quadruplex
- Year built
- 2024
- Architectural style
- Fourplex
- Roof
- Shingle
- Construction
- Block
- Pool
- None
Parking
- Covered spaces
- 0
HOA, Community & Financials
- Annual tax
- $19,237
- Subdivision
- HOLLYWOOD TERRACE
- County
- Broward
- Days on market
- 117
- MLS listing ID
- A12007433
- 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
-$930
- Cap rate
- 4.8%
- Net yield
- 4.8%
- Cash-on-cash return
- -3.1%
- Gross yield
- 7.8%
- Mortgage payment
- $6,158/mo
- Down payment
- $324,750
- Loan amount
- $974,250
- Annual NOI
- $62,736
Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.