2300 Douglas St ,Income Non-waterfront, Apartments for Sale & Rent

2300 Douglas St for Sale & Rent

Price $1,999,900.00

• Lot size 9305
• Year Build 1956
• Waterfront
• Zip 33020
• Style
• Parking Description
• Pool Yes
• Status Active

Description

Attention investors! 7 unit multifamily property with 100% occupancy on annual leases consisting of (6) 1 bedroom with 1 bathroom & (1) 2 bedroom 1 bathroom units. This income producing property is located in an opportunity zone and has an estimated gross annualized rent (GAR) of $141,000 yielding an approximate 5.57% CAP rate. Each unit has their separate electricity meter and pays a monthly water surcharge in addition to the rent.

Tenant occupied. Drive by the location and if your client is interested, please forward us a LOI so that a showing may be scheduled. 72 hrs notice required. Each unit has their individual electrical meter and pays a $50-$75 water surcharge every month in addition to their rent. Estimated GAR of $141,000 yielding approx. a 5.57% CAP rate. See attached for additional information. Submit all offers to laura@lauraisyourrealtor.com & assistant@lauraisyourrealtor.com along with proof of funds.

LIBERIA 1-34 B LOT 29,30 BLK 14

Attention investors! 7 unit multifamily property with 100% occupancy on annual leases consisting of (6) 1 bedroom with 1 bathroom & (1) 2 bedroom 1 bathroom units. This income producing property is located in an opportunity zone and has an estimated gross annualized rent (GAR) of $141,000 yielding an approximate 5.57% CAP rate. Each unit has their separate electricity meter and pays a monthly water surcharge in addition to the rent.

City:Hollywood,Zoning:RS-1,List A O R:A-Miami Association of REALTORS,Stories:1,Tax Year:2023,Latitude:26.0384186,Cooling Y N:1,Lease Term:Annual Lease,List Price:1999900,Listing Id:A11551052,Longitude:-80.15387,Mls Status:Active,Year Built:1956,Postal Code:33020,Street Name:Douglas St,Tenant Pays:1:Other,Coordinates:1:26.0384186,Gross Income:141000,Photos Count:29,Days On Market:40,Listing Terms:1:Conventional/Refinance,Lot Size Units:Square Feet,M I A M I R E_ Area:3020,On Market Date:2024-03-15,Other Expense:5880,Parcel Number:514204013240,Property Type:Commercial Sale,Stories Total:1,Street Number:2300,Trash Expense:5676,Public Remarks:Attention investors! 7 unit multifamily property with 100% occupancy on annual leases consisting of (6) 1 bedroom with 1 bathroom & (1) 2 bedroom 1 bathroom units. This income producing property is located in an opportunity zone and has an estimated gross annualized rent (GAR) of $141,000 yielding an approximate 5.57% CAP rate. Each unit has their separate electricity meter and pays a monthly water surcharge in addition to the rent.,County Or Parish:Broward County,List Office Name:Green Lands Realty,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:Price Decrease,New Taxes Expense:14036,Postal Code Plus4:1436,Property Sub Type:Income/MultiFamily,State Or Province:FL,Tax Annual Amount:14036,Unparsed Address:2300 Douglas St, Hollywood FL 33020,Insurance Expense:3988,Listing Agreement:Exclusive Right To Sell,Security Features:1:Smoke Detector(s),Building Area Total:3802,Building Area Units:Square Feet,Lease Considered Y N:1,Lot Size Dimensions:88.7x105,Lot Size Square Feet:9305,Number Of Buildings:3,Original List Price:2200000,Previous List Price:2200000,Public Survey Range:51,I D X Participation Y N:1,Net Operating Income:111418,Syndication Remarks:Attention investors! 7 unit multifamily property with 100% occupancy on annual leases consisting of (6) 1 bedroom with 1 bathroom & (1) 2 bedroom 1 bathroom units. This income producing property is located in an opportunity zone and has an estimated gross annualized rent (GAR) of $141,000 yielding an approximate 5.57% CAP rate. Each unit has their separate electricity meter and pays a monthly water surcharge in addition to the rent.,Listing Contract Date:2024-03-15,Originating System I D:miamire,Showing Instructions:See Broker Remarks,Street Number Numeric:2300,Tax Legal Description:LIBERIA 1-34 B LOT 29,30 BLK 14,Public Survey Township:51,Construction Materials:1:Plaster,Originating System Name:Miami Association of REALTORS?,M I A M I R E_ Internet Remarks:Attention investors! 7 unit multifamily property with 100% occupancy on annual leases consisting of (6) 1 bed with 1 bath & (1) 2 bed 1 bath units.,Contract Status Change Date:2024-03-15,Internet Address Display Y N:1,Number Of Units In Community:7,Internet Consumer Comment Y N:1,M I A M I R E_ Ok To Advertise List:No,Dual Variable Compensation 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,