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411 Columbus Pky 5 Unit Apartment Building $1,233,000 CAD ($246,600 CAD/Unit) Hollywood, FL 33021
Investment Highlights
- 5 Cash-Flowing MF units, featuring long terms tenants and upside potential.
- Can be enjoyed as-is for an excellent cash flow, or can be redeveloped as single or multifamily with a density of up to 18 du/acre (zoned SR7 RM-18).
- Strong location minutes from I-95 with consistent local renter demand
- Opportunity to reposition, replan, or fully redevelop to maximize long-term value
Executive Summary
Excellent cash-flow opportunity! Own 5 multifamily units in Hollywood, Florida, successfully running with long-term tenants and upside potential. The unit mix is two studios and three 1/1s in a peaceful, well-maintained neighborhood just 2 miles from I-95. There is a laundry room on site with a coin-operated washer/dryer (leased machines). This property can be enjoyed as-is for an excellent cash flow, or can be redeveloped as single or multifamily with a density of up to 18 du/acre (zoned SR7 RM-18). The 5 units may be sold together with a duplex at 2322 Johnson Street for a total of 7 units and 0.86 acres. The total price for both properties is $1.4M. Please Call/Text Cami at 561-664-0139 for the offering memorandum and more information.
Property Facts
| Price | $1,233,000 CAD | Apartment Style | Low-Rise |
| Price Per Unit | $246,600 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.62 AC |
| No. Units | 5 | Building Size | 2,235 SF |
| Property Type | Multifamily | No. Stories | 1 |
| Property Subtype | Apartment | Year Built | 1959 |
| Price | $1,233,000 CAD |
| Price Per Unit | $246,600 CAD |
| Sale Type | Investment |
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.62 AC |
| Building Size | 2,235 SF |
| No. Stories | 1 |
| Year Built | 1959 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 2 | - | - |
| 1+1 | 3 | - | - |
1 1
Moderately walkable
70/100
Moderately drivable
60/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $445,373 CAD | |
| Land Assessment | $166,455 CAD | Total Assessment | $759,240 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$166,455 CAD
Improvements Assessment
$445,373 CAD
Total Assessment
$759,240 CAD
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411 Columbus Pky
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