$2,950,000 2013 Adams St # 1-6 Hollywood, FL

MLS: A10331559   Type: Commercial   County: Broward   City: Hollywood   Area: 3010   Zip: 33020     Stories: 2   Taxes: $5,929

Mortgage $13,850 /mo



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Brand new completed construction project consists 6 luxury townhomes. Located in the heart of East Hollywood Florida, walking distance to the downtown Hollywood, and located less than 2 miles to world famous Hollywood Beach and Broadwalk.This project is ready to lease and operate and has just received a certificate of occupancy from the City. 100% completed project. All townhomes feature 3 bedrooms, 2 and a half bathrooms, high-end appliances, granite counter tops, and luxurious finishes.When fully leased up after all expenses the projected noi will be $192,910 per year, providing an investor a 6.54% cap rate. Townhomes can be resold individually too, huge upside with future appreciation.See attached an offering package for detailed information

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Price History

8/21/2017 Listed $3,200,000
9/19/2017 8% - $2,950,000

Acreage Description 1/4+ To 1/2 Acre
Approximate Lot Size 20872
Area 3010
Improvement Height Com 2 Stories
Num Loading Doors 0
Prop Type Typeof Building Commercial/Residential Income, Residential-Multi-Family
Property Sq Ft 9000
Property Type Commercial/Industrial
Section 15
Subdivision Number 1
Terms Considered All Cash, Conventional/Refinance
Township Range 51
Type of Property Income
Year Built 2017
Zoning Information RMCRM-12

Interior Features

Cooling Description Central Building A/C
Electric Service Separate Meters
Flooring Tile Floors
Heating Description Central Building A/C
Interior Ceiling Height 8.0000
Offices 0
Unit Count 0

Exterior Features

Dock Height 0
Door Height Door Ht 0-8'
Lot Sq Footage 9000
Num Bays 6
Parking Description Assigned Parking
Parking Spaces 12
Sewer Description Public Sanitation
Water Description Public Water
Waterfront Property No

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Gallery (23 photos)

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Property vs Zip Code Avg (33020)

Price 2.95M Avg 740K

Sqr Feet 9,000 Avg 10,737

Cost / Sqr Ft $328 Avg $69

Taxes $5,929 Avg $11,902

Acres 0.21 Avg 0.24

Visits 4 Avg 12

Days on Site 95 Avg 194

Walkscore® 81 Avg 80

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Listing Provided Courtesy Of: RE/MAX 5 Star Realty

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Location & Address

Kate Smith Group
20200 West Dixie Hwy, Suite 604
Aventura, FL