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Property Description

We are pleased to present 451 S 19th Ave in Hollywood, an outstanding 8-unit apartment building offering a compelling investment opportunity just steps away from Young Circle and downtown Hollywood. Featuring 8 spacious units, with 7 units featuring 1 bed/1 bath and 1 unit offering 2 beds/1 bath, the property currently enjoys full occupancy. The potential for an impressive $177,000 annual income awaits by adjusting rents to market rates. The property has separate electric meters, impact windows, individual central AC units ensuring convenience and attracting quality tenants. The building is 1990s construction makes maintenance a breeze, and the 40-year certification is not required anytime soon. Parking is hassle-free with 11 assigned spaces. Build up to 10 stories high with PS-3 Zoning.

Features
11
Address Map
FL
Broward County
Hollywood
33020
451 S 19th Ave
W81° 51' 19.2''
N26° 0' 30.4''
MLS Addon
1 To 3 Year Lease
All Cash, Conventional/refinance, Owner Will Carry
1
Sale
2
$17,401
2023
Click Here
Public
PS-3
8
02/02/2024 20:39:14

451 S 19th Ave, Hollywood, Florida 33020

$2,500,000
12,278 size sq.ft.
Listing ID #A11525821
Basic Details
Property Type Commercial Sale
Listing Type For Sale
Listing ID A11525821
Price $2,500,000
Year Built 1994
Days on Market 5
Building Area 4,991
Status Active
Property SubType Income/multifamily
Lot Area 12,278 Sqft
List Date 2024-02-03
On Market Date 02/02/2024
Elena Beck
MiamiInvestrealty
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