INVESTOR ALERT! Excellent investment opportunity in an up-and-coming neighborhood! Ideal for first-time investors, savvy investors, and first-time homebuyers. Perfect for long-term rentals or short-term rental strategies, subject to applicable regulations.
This property features 4 independent units, making it an easy-to-manage income-producing property. Located just 5 minutes from Hollywood Beach and 2 minutes from Downtown Hollywood, in an FH-2 zoning district and Opportunity Zone, allowing potential for additional units/floors and a variety of uses, subject to applicable approvals. Each unit has split A/C, plus a shared laundry room and 4 parking spaces. The two rear units feature spacious, fenced-in patios perfect for outdoor living. Two renovated units are rented to excellent long-term tenants. The remaining two units have just been renovated and are ready for new tenants, providing an excellent opportunity for increased rental income. Great location, existing income, and future development potential.