Priced to sell. Hollywood triplex with in-place income and redevelopment potential, just west of Federal Highway (US-1). Three units, about 1,337 sq ft in total, on a 5,278 sq ft lot: a 2 bed/1 bath at $1,500/month, a 1 bed/1 bath at $1,590/month and a studio/1 bath at $1,200/month. Gross… Read More rents $4,290/month ($51,480/year), all month-to-month; the tenants would like to stay, knowing rents need to rise to market. Pro forma NOI about $21,595/year, with insurance estimated for a new owner (seller-reported, buyer to verify). Keep the income, bring rents to market, renovate, or live in one unit and rent the other two. Zoned ND-1 (North Downtown District). Directly across the street, a 1.4-acre Federal Highway site sold to a developer in January 2026. Buyer to verify permitted uses, density and square footage with the City of Hollywood. Moments from ArtsPark at Young Circle, Downtown Hollywood, the beach and I-95. Built in 1924 with classic Old Florida character. All appliances included. Sold as-is. A complete walkthrough video is available upon request. Showings by appointment only, after a written offer is submitted, with 24-hour notice to tenants. Please do not disturb the occupants or walk the perimeter. Some photos are digitally altered (virtual staging, possible improvements, AI concept renderings). Unaltered originals precede each one. No permits applied for. Read Less
Courtesy of Compass Florida, LLC 305-851-2820
Listing Snapshot
Days Online
9
Last Updated
Property Type
Triplex
Square Ft.
1,337
Year Built
1924
MLS Number
A12112305
Additional Details
Building
Built in 1924, Living area: 1337.0, 1 storey, Construction Materials: Block, Frame, Stucco
Community
3 units in community
Cooling
Wall/Window Unit(s)
Floors
Tile
Heating
Separate Meters, Central
Income
Gross Income: $51,480, Net Operating Income: $21,595
Lot
Dimensions: 5278
Property
Resale
Roof
Flat
Sewer
Public Sewer
Taxes
Parcel Number: 514210140160, Annual Amount: $8,377, Legal Description: HOLLYWOOD LAWNS 2-58 B LOT 23 LESS W 3.00 FOR CHATEAU DREAMER CONDO, Year: 2025, Zoning: ND-1
Utilities
Cable Available, Water Source: Public
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