2300 Douglas St ,Detached, Quadruplex, Liberia for Sale

2300 Douglas St for Sale

Price $1,999,900.00

• Lot size 3802
• Year Build 1956
• Waterfront
• Zip 33020
• Style Detached
• Parking Description
• Pool Yes
• Status Active

Description

Attention investors! 7 unit multifamily property with 100% occupancy on annual leases consisting of (6) 1bedroom 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 $142,200 yielding an approximate 5.63%CAP rate. Each unit has their separate electricity meter and pays a monthly water surcharge in addition to the rent.

Submit all offers via MLS Offers: https://www.mlsoffers.com/propertysearch.php?mls=A11551098 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 $142,200 yielding approx. a 5.63% 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

Less Than 1/4 Acre Lot

Attention investors! 7 unit multifamily property with 100% occupancy on annual leases consisting of (6) 1bedroom 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 $142,200 yielding an approximate 5.63%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,List Price:1999900,Listing Id:A11551098,Longitude:-80.15387,Mls Status:Active,Year Built:1956,Living Area:3802,Postal Code:33020,Street Name:Douglas St,Coordinates:1:26.0384186,Photos Count:29,Building Name:Liberia,Days On Market:152,Listing Terms:1:Conventional,Lot Size Units:Square Feet,M I A M I R E_ Area:3020,M L S Area Major:Liberia,On Market Date:2024-03-15,Parcel Number:514204013240,Property Type:Residential Income,Rent Includes:1:Sewer,2:Trash Collection,3:Water,Stories Total:1,Street Number:2300,M I A M I R E_ Style:Fourplex,Public Remarks:Attention investors! 7 unit multifamily property with 100% occupancy on annual leases consisting of (6) 1bedroom 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 $142,200 yielding an approximate 5.63%CAP rate. Each unit has their separate electricity meter and pays a monthly water surcharge in addition to the rent.,Structure Type:1:Fourplex,County Or Parish:Broward County,List Office Name:Green Lands Realty,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:Price Decrease,Postal Code Plus4:1436,Property Sub Type:Quadruplex,State Or Province:FL,Subdivision Name:Liberia,Tax Annual Amount:14036,Total Actual Rent:142200,Unparsed Address:2300 Douglas St, Hollywood FL 33020,Listing Agreement:Exclusive Right To Sell,Operating Expense:29581,Year Built Details:Unknown,Building Area Units:Square Feet,Lot Size Dimensions:88.7x105,M I A M I R E_ L P Amt Sq Ft:526.0126,Original List Price:2200000,Previous List Price:2200000,Public Survey Range:51,Documents Available:1:Deposit - Last Months Rent,2:Deposit - Security,3:Copy Of Lease(S),4:Rent Rolls,5:Existing Survey,I D X Participation Y N:1,Net Operating Income:112618,Number Of Units Total:7,Syndication Remarks:Attention investors! 7 unit multifamily property with 100% occupancy on annual leases consisting of (6) 1bedroom 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 $142,200 yielding an approximate 5.63%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:Appointment Only,See Broker Remarks,Street Number Numeric:2300,Tax Legal Description:LIBERIA 1-34 B LOT 29,30 BLK 14,Public Survey Township:51,Originating System Name:Miami Association of REALTORS?,M I A M I R E_ Adjusted Area S F:3802,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:2,Internet Consumer Comment Y N:1,M I A M I R E_ Ok To Advertise List:No,Internet Entire Listing Display Y N:1,M I A M I R E_ R A T I O_ Current Price_ By_ S Q F T:526.01,Internet Automated Valuation Display Y N:1,