3740 W Hallandale Beach Blvd # 8, Hollywood FL 33023
Hollywood, FL 33023
$1,700,000
1 / 22
- Price
- $1,700,000
- Building size
- 4,220
- Property type
- Income/MultiFamily
- Year built
- 1960
- Lot size (sq ft)
- 14,000
- MLS number
- A12072522
This listing is courtesy of Fausto Commercial Realty Consultants Inc, 954-743-7594.
About this property
3740 & 3744 W Hallandale Beach Boulevard present an opportunity to acquire a well-located 8-unit multifamily portfolio in Pembroke Park, consisting of four 1-bedroom/1-bath units and four 2-bedroom/1-bath units. The properties offer approximately 4,220 SF of combined building area on a substantial 14,000 SF lot and currently generate approximately $153,600 in Gross Operating Income. Several windows have been replaced with impact windows, providing an improvement to the property's condition and durability. Strategically positioned along Hallandale Beach Boulevard, the property offers convenient access to I-95 and US-441, while being approximately 13 minutes from Fort Lauderdale-Hollywood International Airport, 15 minutes from the beach, and 20 minutes from Downtown Fort Lauderdale and Downtown Hollywood. With a desirable unit mix, strong rental location, substantial land component, and current income in place, the property offers an attractive multifamily investment with potential for continued rental growth and future upside.
Details
- Property type
- Income/MultiFamily
- Year built
- 1960
- Lot size (sq ft)
- 14,000
Location
Listing information is deemed reliable but is not guaranteed accurate by MIAMI REALTORS®.
Newmar Brokerage, LLC