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Investment property in Hollywood. IT CAN BE SOLD AS PART OF A PACKAGE ALONG WITH TWO ADDITIONAL FIRST-FLOOR, ONE-BED/ONE-BATHROOM UNITS WITHIN THE SAME COMPLEX. All three apartments are similar in design. This unit has a Section 8 tenant, paying $1,600. The apartment passed the Holywood Housing Annual Inspection in 09/2024. 2219 Polk St. #8A; ASKING $149,900 Vacant, upgraded and ready for rent at $1,600 p/month. 2225 Polk St. #8AW; ASKING $147,000. Occupied by a long-term tenant paying $1,475 p/month. No need to upgrade while tenants are in premises. Estimated Cap. Rates: 2219/1A: 6.8%, 2219/8A: 6.6%, 2225/8AW: 5.8%. This is an excellent investment opportunity in a fast growing area, just steps of Hollywood Blvd and circles, Dixie Hwy, I-95 and 10' drive to beaches.

PROPERTY FEATURES

Association Amenities : Laundry,Pool
Parking Features : Other,StormSecurityShutters Garage : Yes. Garage Spaces: 1
Exterior Features : Other,StormSecurityShutters
Architectural Style : GardenApartment Property Sub-Type Additional : Condominium Pool Features : Association
Cooling : Yes. Cooling : CentralAir
Construction Materials : Block
Interior Features : BedroomOnMainLevel,FirstFloorEntry Laundry Features : CommonArea Appliances : ElectricRange,Refrigerator Flooring : Tile

PROPERTY DETAILS

Street Address: 2219 Polk St Unit# 1A
City: Hollywood
State: Florida
Postal Code: 33020
County: Broward
MLS Number: A11735346
Year Built: 1970
Courtesy of Beachfront Realty Inc

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