Hollywood Little Ranches 2206 Adams St Hollywood, FL 33020

PENDING SALE
$3,195,000
Studio
Beds
8,256
Sq.Ft.

Overview

  • Status: Pending
  • Bed(s) No info
  • Bath(s)
  • Half Bath(s) 0
  • Parking No info
  • Size: 8,256 ft2/767.01 m2
  • Price Per: $386.99 ft2/$4,165.54 m2
  • Type: Multifamily
  • Built: 1965
  • HOA: No info
  • MLS Number: A11590588
  • View No info
  • On Site: 229 days
  • Updated: Listing Refreshed: 22 Days Ago

We are pleased to present 2206 Adams St, a turnkey 15-unit multifamily gem located just 2 minutes from Young Circle and downtown Hollywood. This fully renovated property includes one 3-bed/2-bath unit, five 1-bed/1-bath units, and nine spacious studio units, all featuring new flooring, modern kitchens, impact windows/doors, and stylish bathrooms. With central air, assigned parking, and individual electric meters, it ensures low expenses and maximum tenant convenience. Currently fully occupied, the property generates nearly $300,000 annually, with potential for increased returns by adjusting rents to market rates. Situated on a 20,500 sqft lot with DH-2 zoning, the property allows for up to 35 units, offering immediate returns and significant future potential.

Price History

DateEventPriceChange RatePrice Per
05/21/2024Listed$3,195,000.00$386.99 ft2/$4,165.54 m2

Contact Information

Tracey Schmitt
Real Estate Advisor
Specialties:
Luxury Oceanfront Communities, Waterfront Single Family Homes
Memberships:
Master Brokers, Luxury Real Estate Marketing, Million Dollar Guild
Contact Advisor
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