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322 Oklahoma St - AIRBNB BEACHSIDE IN HEAVEN OF HOLLYWOOD! 3 Unit Apartment Building Offered at $1,818,000 at a 15.68% Cap Rate Hollywood, FL 33019
Investment Highlights
- JUST REDUCED $680,000! Seller giving it away! Possible 15-25% CAP RATE!
- Completely remodeled in 2016, operating as high-performing Airbnb vacation rentals!
- Tons of development opportunities. Check Zoning Code BRT-25-C
- Luxury, fully renovated LEGAL triplex located in the exclusive Resort Zone of Hollywood Beach!
- Allowed Use(s) - Primary = BUILD UP TO 5 STORIES COMMERCIAL
- BRT-25-C is the zoning code for the Beach Resort Commercial District!!
Executive Summary
ATTENTION DEVELOPERS!! ZONING APPROVED TO BUILD UP TO 5 STORIES!! JUST REDUCED $680,000! Seller giving it away! Possible 15-25% CAP RATE! Discover a rare opportunity to own a luxury, fully renovated LEGAL triplex located in the exclusive Resort Zone of Hollywood Beach, just steps from the ocean & world-famous Boardwalk. Completely remodeled in 2016, this turnkey property features three beautifully furnished units, each with private entrances, modern interiors, stainless steel appliances, & independent A/C, water, & electric meters. Currently operating as high-performing Airbnb vacation rentals, the property enjoys exceptional occupancy rates, making it ideal for investors seeking strong cash flow. Additional highlights include impact windows, a shared laundry facility, access to biking, kayaking, paddleboarding, boating, & Margaritaville!
BRT-25-C is the zoning code for the Beach Resort Commercial District in the City of Hollywood, Florida. This district is intended for commercial and tourist-oriented uses such as hotels, motels, restaurants, and retail stores. It allows for a density of up to 50 hotel/motel rooms per acre and requires adherence to specific site, landscape, and design standards.
Allowed uses
Main permitted uses: Commercial, hotels/motels, bed & breakfasts, offices, personal services, retail, restaurants, and boat rentals (excluding jet skis).
Special exception uses: Places of public assembly (e.g., places of worship, meeting halls) and public or private schools.
Accessory uses: Any use that is customarily associated with the main permitted uses.
Prohibited uses
Any use not specifically listed as a main permitted, special exception, or accessory use.
Key requirements
Maximum density: A maximum of 50 rooms per acre for hotels/motels.
Compliance: All properties must meet applicable codes, regulations, and specific site, general, landscape, and district design standards.
BRT-25-C is the zoning code for the Beach Resort Commercial District in the City of Hollywood, Florida. This district is intended for commercial and tourist-oriented uses such as hotels, motels, restaurants, and retail stores. It allows for a density of up to 50 hotel/motel rooms per acre and requires adherence to specific site, landscape, and design standards.
Allowed uses
Main permitted uses: Commercial, hotels/motels, bed & breakfasts, offices, personal services, retail, restaurants, and boat rentals (excluding jet skis).
Special exception uses: Places of public assembly (e.g., places of worship, meeting halls) and public or private schools.
Accessory uses: Any use that is customarily associated with the main permitted uses.
Prohibited uses
Any use not specifically listed as a main permitted, special exception, or accessory use.
Key requirements
Maximum density: A maximum of 50 rooms per acre for hotels/motels.
Compliance: All properties must meet applicable codes, regulations, and specific site, general, landscape, and district design standards.
Property Facts
Amenities
Unit Amenities
- Air Conditioning
Site Amenities
- 24 Hour Access
- Laundry Facilities
- Waterfront
- Gated
- Furnished Units Available
- Walking/Biking Trails
- Lake Access
- Sundeck
- Public Transportation
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 2 | $4,000 | - |
| 2+2 | 1 | $8,000 | - |
1 1
Property Taxes
| Parcel Number | 51-42-12-01-1300 | Improvements Assessment | $450,090 |
| Land Assessment | $656,200 | Total Assessment | $1,106,290 |
Property Taxes
Parcel Number
51-42-12-01-1300
Land Assessment
$656,200
Improvements Assessment
$450,090
Total Assessment
$1,106,290
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322 Oklahoma St - AIRBNB BEACHSIDE IN HEAVEN OF HOLLYWOOD!
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