Commercial Real Estate

1957 Monroe St Hollywood FL 33020

Monroe St, Hollywood,
    $2,500,000
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    Basics

    Description

    • Description:

      We are pleased to present 1957 Monroe St in Hollywood, an outstanding 8-unit apartment building offering a compelling investment opportunity just a minute away from Young Circle. Featuring 8 spacious units, with 6 units featuring 1 bed/1 bath and 2 units offering 2 beds/1 bath, the property currently enjoys full occupancy. The potential for an impressive $182,000 annual income awaits by adjusting rents to market rates. The property has separate electric meters, impact windows, individual central AC units, and a rare perk—each unit is equipped with its own washer/dryer, ensuring convenience and attracting quality tenants. The building is 1990s construction makes maintenance a breeze, and the 40-year certification is not required anytime soon. Parking is hassle-free with 12 assigned spaces.

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    Property details

    • Total Building Area: 5054
    • Number of Buildings: 1
    • Lot Size Square Feet: 11472
    • Parcel Number: 514215015430
    • Possession: Closing & Funding
    • Road Frontage Type: City Street
    • Lot Size Area: 11472
    • Structure Type: Apartment

    Property Features

    • Window Features: Impact Glass
    • Parking Features: Assigned
    • Construction Materials: Block,Other
    • Cooling: Central Air
    • Cooling Y/N: 1
    • Covered Spaces: 0
    • Flooring: Tile,Vinyl
    • Heating: Central
    • Heating Y/N: 1
    • Parking Total: 12
    • Sewer: Public Sewer
    • Roof: Barrel,Other,Tile
    • Stories: 2

    Location Details

    • County Or Parish: Broward County
    • Zoning Description: PS-3

    Fees & Taxes

    • Tax Annual Amount: 17062
    • Tax Year: 2023
    • Tax Legal Description: HOLLYWOOD 1-21 B LOT 1,2 & LOT 3 W 1 OF N 24 FT 1 IN BLK 28

    Miscellaneous

    • Public Survey Section: 15
    • Syndication Remarks: Please visit Fausto Commercial
    • Tenant Pays: Electricity
    • Year Built Details: Resale

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    This -type commercial real estate is located in Monroe St, Hollywood, was built in 1992, and is listed at $2,500,000.

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