1203 N 17th Ct - Apartments FOR SALE


Hollywood, FL 33020
$1,650,000 USD
954-743-7594
1203 N 17th Ct, Hollywood, FL for Sale
$1,650,000 USD
Apartments - FOR SALE
1/21
null | 9.01% Cap Rate

1203 N 17th Ct
Hollywood, FL 33020


HIGHLIGHTS

  • Unit Mix: Seven (7) Units are 1 Bed/ 1 Bath and One (1) Unit is a Spacious Studio Unit
  • Most of the Units are Fully Renovated, New Windows, Flooring, Kitchens, Appliances, Bathrooms, and many more upgrades.
  • Potential Gross Income of $192,000 Annually at Market Rates when Fully Occupied
  • 2 Minutes Away from Young Circle, Shopping, Restaurants, Bars and Beaches and East of US-1 (Federal Hwy)

OVERVIEW

Introducing 1203 N 17th Ct, a recently updated 8-unit multifamily property East of US-1 and just 2 minutes from downtown Hollywood’s vibrant Young Circle. The unit mix includes seven 1-bed/1-bath units and one spacious studio, with most units featuring modern upgrades such as new appliances, updated flooring, renovated bathrooms, and enhanced lighting. The property boasts brand-new impact windows and a 3-year-old roof. With its proximity to restaurants, shopping, and the beach, this property is in a highly desirable location. At full occupancy, it can generate approximately $192K annually at market rents, making it an excellent addition to any portfolio. Seller financing is available!

FOR SALE DETAILS

PRICE

$1,650,000 USD

PRICE/SF

$473 USD /SF

# OF UNITS

8

PRICE/UNIT

$206,250

CAP RATE

9.01%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Marie Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1951

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.13 AC

LAND SF

5,663 SF

ZONING

FH-1

APN/PARCEL ID

51-42-10-11-0160

ASK ABOUT THIS PROPERTY

Elior LeviFausto Commercial Realty ConsultantsMore Info
954-743-7594

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Elior LeviFausto Commercial Realty ConsultantsMore Info
954-743-7594

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.