Log In/Sign Up
Your email has been sent.
4 Fully Remodeled Units Near The Beach! 2432 Sherman St 4 Unit Apartment Building $1,363,762 CAD ($340,940 CAD/Unit) Hollywood, FL 33020
INVESTMENT HIGHLIGHTS
- Fully Remodeled 2022
- Two 2 Bed 1 Bath + 2 Studios
- Newer Roof
- Located Near Hollywood Beach
- Hurricane Impact Windows & Doors
EXECUTIVE SUMMARY
Don't Miss Out On This Amazing Fully Remodeled Hollywood 4Plex Near The Beach! Units Consist Of Two 2 Bedroom 1 Baths & Two Studios. Remodel Was Completed In 2022 Which Includes All Electric Panels, Roof, Hurricane Impact Windows, Insulation, Waterproof Vinyl Flooring, 2 Central A/C Units For The Two 2 Bedrooms 1 Bath Units & Spit Mini A/C's For the 2 Studio Apartments. All Kitchens Have Beautiful Wood Cabinets With Stainless Steel Appliance & Quartz Countertops. Building Has Washer/Dryer Hookups. Ideal For Adding Coin Operated Machines For Additional Income! Property Is Perfect For Owner Occupant, Investor Or Air BnB. Projected Annual Gross Income Is $88,800. Annual Expenses is $28,307. Expenses Include Taxes $16,327 Landscaping $600 Insurance $5,500 Water $1080 Electric $4,800.
FINANCIAL SUMMARY (PRO FORMA - 2024) |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Gross Rental Income |
$122,449
|
$60.74
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$122,449
|
$60.74
|
| Taxes |
$22,514
|
$11.17
|
| Operating Expenses |
$16,520
|
$8.19
|
| Total Expenses |
$39,033
|
$19.36
|
| Net Operating Income |
$83,416
|
$41.38
|
FINANCIAL SUMMARY (PRO FORMA - 2024)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $122,449 |
| Annual Per SF | $60.74 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $122,449 |
| Annual Per SF | $60.74 |
| Taxes (CAD) | |
|---|---|
| Annual | $22,514 |
| Annual Per SF | $11.17 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $16,520 |
| Annual Per SF | $8.19 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $39,033 |
| Annual Per SF | $19.36 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $83,416 |
| Annual Per SF | $41.38 |
PROPERTY FACTS
| Price | $1,363,762 CAD | Building Class | B |
| Price Per Unit | $340,940 CAD | Lot Size | 0.15 AC |
| Sale Type | Investment | Building Size | 2,016 SF |
| No. Units | 4 | Average Occupancy | 75% |
| Property Type | Multifamily | No. Stories | 1 |
| Property Subtype | Apartment | Year Built | 1972 |
| Apartment Style | Low-Rise | ||
| Zoning | RM-9 - MULTIPLE FAMILY DISTRICT | ||
| Price | $1,363,762 CAD |
| Price Per Unit | $340,940 CAD |
| Sale Type | Investment |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.15 AC |
| Building Size | 2,016 SF |
| Average Occupancy | 75% |
| No. Stories | 1 |
| Year Built | 1972 |
| Zoning | RM-9 - MULTIPLE FAMILY DISTRICT |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Cable Ready
- Kitchen
- Refrigerator
- Oven
- Range
- Lawn
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 2 | $2,965 CAD | - |
| Studios | 2 | $1,931 CAD | - |
1 1
Walk Score®
Very Walkable (75)
PROPERTY TAXES
| Parcel Number | 51-42-09-05-6510 | Total Assessment | $1,106,093 CAD (2025) |
| Land Assessment | $85,068 CAD (2025) | Annual Taxes | $22,514 CAD ($11.17 CAD/SF) |
| Improvements Assessment | $1,021,025 CAD (2025) | Tax Year | 2024 |
PROPERTY TAXES
Parcel Number
51-42-09-05-6510
Land Assessment
$85,068 CAD (2025)
Improvements Assessment
$1,021,025 CAD (2025)
Total Assessment
$1,106,093 CAD (2025)
Annual Taxes
$22,514 CAD ($11.17 CAD/SF)
Tax Year
2024
1 of 29
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
4 Fully Remodeled Units Near The Beach! | 2432 Sherman St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.