Apartments For Sale • 5,005 SF
Unit Mix: One (1) Unit is 2 Bed/1 Bath and Nine(9) units are 1 Bed/1 Bath |
Huge & Rare 22,566 Sqft Lot with MC-1 Zoning Allowing for Redevelopment of 37 Units, Plenty of Garden Space and Seating Areas for Tenants |
2 Minutes Away from Young Circle, Shopping, Restaurants, Bars and Beaches |
Fully Occupied with below market rents of 25%, bringing rents to market rates would achieve a 7+% cap rate |
Mostly Renovated Units, Includes: New Flooring/Kitchen/Bathrooms, Revamped Parking Lot and Coin Laundry Room |
Commuter Rail | Drive | Walk | Distance |
---|---|---|---|
Hollywood (Tri-County Commuter - South Florida Regional Transportation Authority (Tri-Rail)) | 3 min | 18 min | 1.0 mi |
Sheridan Street (Tri-County Commuter - South Florida Regional Transportation Authority (Tri-Rail)) | 6 min | - | 2.0 mi |
Airport | Drive | Walk | Distance |
Fort Lauderdale/Hollywood International | 11 min | - | 6.1 mi |
Miami International | 40 min | - | 24.1 mi |
Parking Available: | Yes |
Reserved: | No |
Type: | Covered |
Included in Rent: | Yes |