Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1957
Sq.Footage
1,755
Prime investment opportunity in Hollywood featuring a versatile 3-bedroom, 2-bathroom property with a pool on a 6,759 Sq Ft lot. The property is zoned for multiple typologies including apartment building, duplex, single-family, and townhouse development—offering maximum flexibility for investors and developers. Income Potential: Based on current market comparables, 1 bed/1 bath units with full kitchen and living area rent for approximately $2,300-$2,500/month, while efficiency-style units generate $1,750-$2,000/month. Value-Add Opportunities: Reconfigure into multiple units, convert to a duplex or small apartment layout, and transform the garage into an additional income-producing unit with direct pool access. Development Upside: The spacious lot allows for expansion or redevelopment to further increase returns. Flood Zone: Located in FEMA Flood Zone X (0.2% annual chance flood hazard), typically not requiring mandatory flood insurance (buyer to verify). Location: Prime South Florida area near beaches, major highways, and shopping centers with strong rental demand. Ideal for long-term rentals, short-term rental strategies (subject to local regulations), or multi-generational living, with the pool adding strong tenant appeal—this property presents a rare opportunity to secure a high-performing, multi-use asset with multiple exit strategies. Property offers the potential to be converted into a triplex configuration, with the opportunity to remodel the existing garage into an additional income-producing unit. The garage space includes washer and dryer hookups and provides direct, convenient access to the pool area, enhancing both functionality and rental appeal. This layout supports multiple unit configurations, making it ideal for investors seeking to maximize cash flow and overall property value.
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Cooling YN
YES
-
Cooling
Central Air, Ceiling Fan(s)
-
Heating YN
YES
-
Heating
Central
-
Pet friendly
Yes
Exterior
-
Garage
No
-
Construction Materials
Block
-
Other Exterior Features
None
-
Pool
Yes
-
Pool Features
In Ground, Private
-
Waterfront YN
NO
Area & Lot
-
Lot Size(acres)
0.16
-
Property Type
Residential Income
-
Property Sub Type
Duplex
Price
-
Sales Price
$600,000
-
Tax Amount
$10,752.35
-
Sq. Footage
1, 755
-
Price/SqFt
$341
HOA
-
Association
No
School District
-
Elementary School
Oakridge
-
Middle School
Olsen
-
High School
South Broward
Property Features
-
Stories
1
-
Senior Community YN
NO
-
Sewer
Public Sewer
-
Water Source
Public
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Location
County
Broward
Elementary School
Oakridge
Middle School
Olsen
High School
South Broward
Listing Courtesy of Edgardo Cartagena , LPT Realty, LLC
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