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- LoopNet Team
345 Monroe St
Hollywood, FL 33019
Multifamily Property For Sale
·
4 Units
INVESTMENT HIGHLIGHTS
- Airbnb hotel or multifamily in most desired location. Rare opportunity.
- Great potential CAP 12%
- Could be sold separately or as part of portfolio with 2 more buildings (also fully renovated in one style)
- Completely renovated: new roof, new AC, new windows, new landscaping, new furniture, new appliances
PROPERTY FACTS
| No. Units | 4 | Lot Size | 0.08 AC |
| Property Type | Multifamily | Building Size | 1,649 SF |
| Property Subtype | Apartment | No. Stories | 1 |
| Apartment Style | Low-Rise | Year Built/Renovated | 1965/2019 |
| Building Class | C | Parking Ratio | 1.82/1,000 SF |
| Zoning | BRT-25 | ||
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.08 AC |
| Building Size | 1,649 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1965/2019 |
| Parking Ratio | 1.82/1,000 SF |
| Zoning | BRT-25 |
ABOUT 345 MONROE ST , HOLLYWOOD, FL 33019
Location! Suited on a corner of busy Ocean Drive. Could be sold alone or as part of portfolio with 2 more buildings making it total of 12 rooms with incredible potential CAP 12%. 1 minute from Ocean and famous Hollywood Beach. Spectacular views of intracoastal. Walking to near by restaurants and entertainment. Special zoning makes it perfect for running Airbnb without special licenses. Great business opportunity for investors looking for vocational or rental property bringing revenue year round. Easy to view. Complete renovations according to codes and customer demands. Must see. CAP is proforma. No financials. Conventional or cash.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 2 | - | - |
| 1+1 | 1 | - | - |
| 2+1 | 1 | - | - |
PROPERTY TAXES
| Parcel Number | 51-42-13-01-3160 | Improvements Assessment | $1,390,950 |
| Land Assessment | $152,160 | Total Assessment | $1,543,110 |
PROPERTY TAXES
