1917-1927 Grant St - Apartments FOR SALE


Hollywood, FL 33020
$1,950,000 USD
954-743-7594
1917-1927 Grant St, Hollywood, FL for Sale
$1,950,000 USD
Apartments - FOR SALE
1/16
null | 7.02% Cap Rate

1917-1927 Grant St
Hollywood, FL 33020


HIGHLIGHTS

  • Rare Unit Mix: One (1) Unit is 2 Bed/2 Bath, Four (4) units are 2 Bed/1 Bath, Three (3) units are 1 Bed/1 Bath and one (1) unit is a Large Studio
  • 16,000 Sqft Lot with ND-1 Zoning Allowing for Redevelopment of 26 Units
  • Fully Occupied in Place NOI of $137K, a 7% Cap Rate at Asking Price!
  • 2 Minutes Away from Young Circle, Shopping, Restaurants, Bars and Beaches
  • Exempt from 40 Year Recertification (2 folios)

OVERVIEW

Introducing 1917-1927 Grant St, a prime 9 unit 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.

FOR SALE DETAILS

PRICE

$1,950,000 USD

PRICE/SF

$313 USD /SF

# OF UNITS

9

PRICE/UNIT

$216,667

CAP RATE

7.02%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Grant St Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1968

PARKING SPACES

9

LAND DETAILS

LAND ACRES

0.37 AC

LAND SF

16,117 SF

ZONING

ND-1

APN/PARCEL ID

51-42-03-10-5090,51-42-03-10-5100

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.