Hollywood, FL 33020,1925 Harding St

$5,200,000

$5,395,000

3.6%
Est.Price: ?

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Est. payment /mo

7,644 Sqft Lot


SOLD DATE : 01/23/2023

Key Details

Sold Price $5,200,000

Property Type Multi-Family

Sub Type Income/Multi-Family

Listing Status Sold

Purchase Type For Sale

MLS Listing ID F10331571

Sold Date 01/23/23

Total Fin. Sqft 70267

Year Built 1960

Annual Tax Amount $101,861

Tax Year 2021

Lot Size 7,644 Sqft

Property Sub-Type Income/Multi-Family

Property Description

Labueux Apts are a portfolio of 10 bldgs|37 units - 2 SFR, three 3plexes, three 4plexes and two 5plexes located in Hollywood between US-1 & Dixie Hwy. north of Johnson St. 4 of the properties are contiguous. The neighborhood has a very strong rental community which consists of small to midsize apartment buildings along with single-family homes and condominium units. The average price/unit is $200,000+ for 2,3,& 4 Unit Properties. The subject property is rented on a weekly, biweekly and monthly basis. As such, electric, gas, water and trash are included in the rent structure. The opportunity can best be described as a value-add acquisition due to the below market rents and the upside following capital improvements with a list price of $147,000/unit. Download the OM or on agents website.

Location

State FL

County Broward County

Area Hollywood East (3010-3050)

Zoning RM-12

Others

Ownership Corporation

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BeachesMLS Matrix (RAPB-F prefix)
Listed by Media Realty
Bought with Unique Real Estate Group, LLC.
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