Hollywood, FL 33020,2101 N 16th Ave

$750,000

Est. payment /mo

$975,000

23.1%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

2101 N 16th Ave Hollywood, FL 33020

10,001 Sqft Lot

SOLD DATE : 10/19/2018

Key Details

Sold Price $750,000

Property Type Commercial

Listing Status Sold

Purchase Type For Sale

MLS Listing ID A10507569

Sold Date 10/19/18

Style Detached

HOA Y/N No

Year Built 1968

Annual Tax Amount $8,736

Tax Year 2017

Lot Size 10,001 Sqft

Property Description

Former licensed assisted living facility that needs converted to 8-10 apartments. Fully renovated, new roof, new HVAC, new bathrooms, new floors, new impact windows and doors, new fencing, new lighting and much more. Easy conversion back to multifamily but just adding a few kitchens. Adjacent lot to the South is included. When fully leased up this property should yield an investor $129,472 in net income providing an investor a 13% capitalization rate on a pro-forma basis.

Location

State FL

County Broward County

Area 3030

Exterior

Total Parking Spaces 6

Building

Architectural Style Detached

Others

Tax ID 514210210110

Financing Cash

Read Less

Want to know what your home might be worth? Contact us for a FREE valuation!

Submit

Our team is ready to help you sell your home for the highest possible price ASAP


Listed by RE/MAX 5 Star Realty
Bought with RE/MAX 5 Star Realty

Johanna Izaguirre

Realtor | License ID: 3353581

+1(305) 788-0336

Learn More About LPT Realty

Name
Phone*
Message

By registering you agree to our Terms of Service & Privacy Policy. Consent is not a condition of buying a property, goods, or services.