451 19th Ave ,Apartments for Sale & Rent

451 19th Ave for Sale & Rent

Price $2,500,000.00

• Lot size 12278
• Year Build 1994
• Waterfront
• Zip 33020
• Style
• Parking Description Assigned, Other
• Pool Yes
• Status Active

Description

We are pleased to present 451 S 19th Ave in Hollywood, an outstanding 8-unit apartment building offering a compelling investment opportunity just steps away from Young Circle and downtown Hollywood. Featuring 8 spacious units, with 7 units featuring 1 bed/1 bath and 1 unit offering 2 beds/1 bath, the property currently enjoys full occupancy. The potential for an impressive $177,000 annual income awaits by adjusting rents to market rates. The property has separate electric meters, impact windows, individual central AC units ensuring convenience and attracting quality tenants. The building is 1990s construction makes maintenance a breeze, and the 40-year certification is not required anytime soon. Parking is hassle-free with 11 assigned spaces. Build up to 10 stories high with PS-3 Zoning.

HOLLYWOOD 1-21 B LOT 28 W 10,29,30 BLK 37

In Residential Area

We are pleased to present 451 S 19th Ave in Hollywood, an outstanding 8-unit apartment building offering a compelling investment opportunity just steps away from Young Circle and downtown Hollywood. Featuring 8 spacious units, with 7 units featuring 1 bed/1 bath and 1 unit offering 2 beds/1 bath, the property currently enjoys full occupancy. The potential for an impressive $177,000 annual income awaits by adjusting rents to market rates. The property has separate electric meters, impact windows, individual central AC units ensuring convenience and attracting quality tenants. The building is 1990s construction makes maintenance a breeze, and the 40-year certification is not required anytime soon. Parking is hassle-free with 11 assigned spaces. Build up to 10 stories high with PS-3 Zoning.

City:Hollywood,Roof:1:Tile Roof,Zoning:PS-3,List A O R:A-Miami Association of REALTORS,Stories:2,Tax Year:2023,Flooring:1:Vinyl,Latitude:26.0084468,Cooling Y N:1,Heating Y N:1,Lease Term:1 To 3 Year Lease,List Price:2500000,Listing Id:A11525821,Longitude:-80.1446628,Mls Status:Active,Year Built:1994,Postal Code:33020,Street Name:19th Ave,Coordinates:1:26.0084468,Photos Count:12,Days On Market:5,Listing Terms:1:Conventional/Refinance,2:Owner Will Carry,Lot Size Units:Square Feet,M I A M I R E_ Area:3040,On Market Date:2024-02-02,Parcel Number:514215017360,Parking Total:11,Property Type:Commercial Sale,Stories Total:2,Street Number:451,Public Remarks:We are pleased to present 451 S 19th Ave in Hollywood, an outstanding 8-unit apartment building offering a compelling investment opportunity just steps away from Young Circle and downtown Hollywood. Featuring 8 spacious units, with 7 units featuring 1 bed/1 bath and 1 unit offering 2 beds/1 bath, the property currently enjoys full occupancy. The potential for an impressive $177,000 annual income awaits by adjusting rents to market rates. The property has separate electric meters, impact windows, individual central AC units ensuring convenience and attracting quality tenants. The building is 1990s construction makes maintenance a breeze, and the 40-year certification is not required anytime soon. Parking is hassle-free with 11 assigned spaces. Build up to 10 stories high with PS-3 Zoning.,County Or Parish:Broward County,List Office Name:Fausto Commercial Realty Consultants Inc,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:New,Parking Features:1:Other,Postal Code Plus4:5091,Property Sub Type:Income/MultiFamily,State Or Province:FL,Street Dir Prefix:S,Tax Annual Amount:17401,Unparsed Address:451 S 19th Ave, Hollywood FL 33020,Listing Agreement:Exclusive Right To Sell,Year Built Details:Resale,Building Area Total:4991,Building Area Units:Square Feet,Lease Considered Y N:1,Lot Size Square Feet:12278,Number Of Buildings:1,Original List Price:2500000,Public Survey Range:51,Documents Available:1:Investment Analysis,2:Other Available Information,3:Rent Rolls,I D X Participation Y N:1,Syndication Remarks:We are pleased to present 451 S 19th Ave in Hollywood, an outstanding 8-unit apartment building offering a compelling investment opportunity just steps away from Young Circle and downtown Hollywood. Featuring 8 spacious units, with 7 units featuring 1 bed/1 bath and 1 unit offering 2 beds/1 bath, the property currently enjoys full occupancy. The potential for an impressive $177,000 annual income awaits by adjusting rents to market rates. The property has separate electric meters, impact windows, individual central AC units ensuring convenience and attracting quality tenants. The building is 1990s construction makes maintenance a breeze, and the 40-year certification is not required anytime soon. Parking is hassle-free with 11 assigned spaces. Build up to 10 stories high with PS-3 Zoning.,Financial Data Source:1:Projected Pro-Forma,Listing Contract Date:2024-02-02,Originating System I D:miamire,Public Survey Section:15,Showing Instructions:Call Listing Agent,Street Number Numeric:451,Tax Legal Description:HOLLYWOOD 1-21 B LOT 28 W 10,29,30 BLK 37,Electric On Property Y N:1,Public Survey Township:51,Originating System Name:Miami Association of REALTORS?,Sub Agency Compensation:2%,M I A M I R E_ Internet Remarks:Please visit Fausto Commercial,Contract Status Change Date:2024-02-02,Internet Address Display Y N:1,Number Of Units In Community:8,Internet Consumer Comment Y N:1,Transaction Broker Compensation:2%,Internet Entire Listing Display Y N:1,M I A M I R E_ Compensation Disclaimer:BBC: 2%, The offer of compensation is made only to participants of the MLS where the listing is filed.,Transaction Broker Compensation Type:%,Internet Automated Valuation Display Y N:1,