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Key Details
Sold Price $1,775,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 6,227 sqft
Price per Sqft $285
MLS Listing ID A11728762
Sold Date 04/07/25
HOA Y/N No
Year Built 1975
Annual Tax Amount $12,382
Contingent No Contingencies
Lot Size 0.367 Acres
Property Sub-Type Multi Family
Property Description
Introducing 1917-1927 Grant St, a prime multifamily investment just 2 minutes from Downtown Hollywood's Young Circle. This fully occupied property features two buildings with a desirable unit mix: 1 spacious 2-bed/2-bath, 4 two-bed/1-bath units, 3 one-bed/1-bath units, and a studio, generating $190,000 in annual gross income with a 7%+ cap rate at asking price. Situated on a 16,000 sqft lot zoned for redevelopment (up to 26 units), it offers significant future potential. With its proximity to restaurants, shopping, and the beach, this property is a rare opportunity in a highly sought-after location.
Location
State FL
County Broward
Area 3050
Interior
Flooring Other, Tile
Exterior
Roof Type Shingle
Total Parking Spaces 13
Private Pool Yes
Building
Story 1
Level or Stories One
Structure Type Block
Others
Tax ID 514203105100
Financing Cash
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Bought with Compass Florida, LLC