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    609 S Ocean Dr

    Hollywood, FL 33019
    • $2,475,000
    • STATUS: Pending
    • ON SITE: 164 days
    • MLS #: A10964880
    Pending
    UPDATED: 90 min ago
    $2,475,000
    • 0
      BEDS
    • 0.04
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 1,872
      SQFT
    • $1,322
      $/SQFT
    Type:
    Multi-Family
    Built:
    1970
    County:

    School Ratings & Info

    Description

    12% CAP Rate Amazing opportunity for investors wishing to do Vacation Rentals. Zoned for Hotel, Completely Remodeled 8 units that consist of 3 One bedroom Units and 5 Studio Units. Impact Windows throughout!!! You do not need a vacation rental license to perform business in this unit. It is allowed per Hollywood zoning laws. Units are fully rented by Airbnb and have a good database of repeated customers. Roof is new and units are fully remodeled with porcelain floors, spot lights and brand new bathrooms. Seller will provide all the current bookings for next months so new buyer can earn income right from closing date. One bedroom units are currently rented for 150-200 dollars a day and studios 100-150 a day, depending on holidays and days of the week. Steps to ocean and restaurants.

    Monthly Payment Calculator



    Copyright 2021, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. The data relating to real estate for sale on this web site comes in part from the participating Associations/MLS’s in the Southeast Florida Regional Multiple Listing Service cooperative agreement, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2021, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. Use of search facilities of data on the site, other than a consumer looking to purchase real estate, is prohibited. Data last updated 2021-05-14T23:42:43.243.
    www.bettersouthfloridahomes.com/homes/112311913
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    609 S Ocean Dr Hollywood, FL 33019

    • Price: $2,475,000
    • Status: Pending
    • Updated: 90 min ago
    • MLS #: A10964880
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.04
    Acres
    1,872
    SQFT
    $1,322
    $/SQFT
    1970
    Built
    Neighborhood:
    Hollywood Beach,Hotel Motel
    County:
    Broward
    Area:
    Hollywood Beach
    Property Description
    12% CAP Rate Amazing opportunity for investors wishing to do Vacation Rentals. Zoned for Hotel, Completely Remodeled 8 units that consist of 3 One bedroom Units and 5 Studio Units. Impact Windows throughout!!! You do not need a vacation rental license to perform business in this unit. It is allowed per Hollywood zoning laws. Units are fully rented by Airbnb and have a good database of repeated customers. Roof is new and units are fully remodeled with porcelain floors, spot lights and brand new bathrooms. Seller will provide all the current bookings for next months so new buyer can earn income right from closing date. One bedroom units are currently rented for 150-200 dollars a day and studios 100-150 a day, depending on holidays and days of the week. Steps to ocean and restaurants.
    Exterior Features

    Architectural Style Attached Construction Materials Cbs Construction Lot Features 1/4 To Less Than 1/2 Acre Lot Parking Total 4 Pool Private YN No Roof Concrete View YN No Waterfront YN No

    Interior Features

    Adjusted Square Footage 1872 Building Area Total 1872 Cooling Electric Flooring Tile Heating Electric Stories Total 1 Window Features Clear Impact Glass

    Property Features

    Association YN No Building Name Hollywood Beach Cooling YN Yes Documents Available None Heating YN Yes Horse YN No Internet Address Display YN Yes Internet Automated Valuation Display YN Yes Internet Entire Listing Display YN Yes Listing Terms All CashConventional Model Hotel Motel New Construction YN No Property Condition Substantially Remodeled Property Sub Type Quadruplex Public Survey Section 13 Rent Includes Electricity Senior Community YN No Sewer Public Sewer Structure Type QuadruplexFourplex Tax Annual Amount 18406 Tax Year 2020 Year Built Details Resale Zoning 39 / HOTELSMOTELS

    Listing courtesy of Vera Realty Llc.


    Copyright 2021, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. The data relating to real estate for sale on this web site comes in part from the participating Associations/MLS’s in the Southeast Florida Regional Multiple Listing Service cooperative agreement, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2021, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. Use of search facilities of data on the site, other than a consumer looking to purchase real estate, is prohibited. Data last updated 2021-05-14T23:42:43.243.
     
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    United Realty Group
    1361 Sawgrass Corporate Parkway #200
    Sunrise FL, 33323