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Key Details
Sold Price $1,700,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 5,505 sqft
Price per Sqft $308
Subdivision Hollywood Lakes
MLS Listing ID A11729677
Sold Date 05/22/25
Style Fourplex
Construction Status Resale
HOA Y/N No
Year Built 1936
Annual Tax Amount $26,799
Tax Year 2024
Contingent No Contingencies
Property Sub-Type Quadruplex
Property Description
CASH OFFERS ONLY! Introducing 1215 N 17th Ct, a rare value-add 14-unit multifamily property located east of US1, just 2 minutes from Downtown Hollywood's vibrant Young Circle, beaches, and restaurants. The property features a desirable unit mix of 8 oversized 1-bed/1-bath units (easily convertible to 2-bed units) and 6 studio units, with a 2015 roof. Currently vacant but once fully rehabbed and occupied, the property can generate over $265,000 in annual gross income, with even greater potential if unit conversions are completed. Situated on a 22,000 sqft double lot with FH-1 zoning, the site offers redevelopment potential for up to 37 units, making this an exceptional investment opportunity.
Location
State FL
County Broward
Community Hollywood Lakes
Area 3050
Interior
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Flooring Hardwood, Wood
Exterior
Pool None
Utilities Available Cable Available
Roof Type Shingle
Total Parking Spaces 14
Private Pool No
Building
Story 2
Sewer Public Sewer
Architectural Style Fourplex
Level or Stories Two
Structure Type Block
Construction Status Resale
Others
Tax ID 514210330020
Acceptable Financing Cash
Listing Terms Cash
Financing Cash
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Bought with Fausto Commercial Realty Consultants Inc