332 Georgia St ,Quadruplex, Hollywood Beach for Sale

332 Georgia St for Sale

Price $1,575,000.00

• Lot size 1778
• Year Build 1954
• Waterfront
• Zip 33019
• Style
• Parking Description
• Pool Yes
• Status Active

Description

LOCATION!!! 4-plex building 1 block from the beach, steps from Hollywood board walk. Updated interior, impact windows, roof - 7 year old, new electrical, 4 separate electric meters. Two 1 bedroom 1 bath + Two studios, fully furnished and currently operating as short term rental business through AIRBNB and Booking platforms all year around with 90% occupancy rate. CAP rate shown based on long term rental numbers. Recently painted exterior and very well kept. DO NOT BOTHER TENANTS! PROOF OF FUNDS AND ESCROW LETTER SHOWING DEPOSIT REQUIRED BEFORE SUBMITTING AN OFFER AND SHOWING THE PROPERTY. SELLER FINANCING AVAILABLE WITH UP TO 60% LTV AT VERY COMPETITIVE INTEREST ONLY RATE!!!

Submit all offers via MLS Offers: https://www.mlsoffers.com/propertysearch.php?mls= Please text 3052068650 for more info

HOLLYWOOD BEACH 1-27 B LOT 22 E1/2,23 W1/2 BLK 17

Less Than 1/4 Acre Lot

LOCATION!!! 4-plex building 1 block from the beach, steps from Hollywood board walk. Updated interior, impact windows, roof - 7 year old, new electrical, 4 separate electric meters. Two 1 bedroom 1 bath + Two studios, fully furnished and currently operating as short term rental business through AIRBNB and Booking platforms all year around with 90% occupancy rate. CAP rate shown based on long term rental numbers. Recently painted exterior and very well kept. DO NOT BOTHER TENANTS! PROOF OF FUNDS AND ESCROW LETTER SHOWING DEPOSIT REQUIRED BEFORE SUBMITTING AN OFFER AND SHOWING THE PROPERTY. SELLER FINANCING AVAILABLE WITH UP TO 60% LTV AT VERY COMPETITIVE INTEREST ONLY RATE!!!

City:Hollywood,Zoning:BRT-25-R,List A O R:A-Miami Association of REALTORS,Stories:2,Tax Year:2023,Latitude:26.0070181,Cooling Y N:1,List Price:1575000,Listing Id:A11686173,Longitude:-80.1171446,Mls Status:Active,Year Built:1954,Living Area:1778,Postal Code:33019,Street Name:Georgia St,Coordinates:1:26.0070181,Photos Count:43,Building Name:HOLLYWOOD BEACH,Days On Market:1,Listing Terms:1:Conventional,2:Owner Will Carry,Lot Size Units:Square Feet,M I A M I R E_ Area:3010,M L S Area Major:Hollywood Beach,On Market Date:2024-11-01,Parcel Number:514213013780,Parking Total:4,Property Type:Residential Income,Rent Includes:1:Gardener,2:Pest Control,3:Sewer,4:Trash Collection,5:Water,Stories Total:2,Street Number:332,Association Y N:1,M I A M I R E_ Style:Fourplex,Public Remarks:LOCATION!!! 4-plex building 1 block from the beach, steps from Hollywood board walk. Updated interior, impact windows, roof - 7 year old, new electrical, 4 separate electric meters. Two 1 bedroom 1 bath + Two studios, fully furnished and currently operating as short term rental business through AIRBNB and Booking platforms all year around with 90% occupancy rate. CAP rate shown based on long term rental numbers. Recently painted exterior and very well kept. DO NOT BOTHER TENANTS! PROOF OF FUNDS AND ESCROW LETTER SHOWING DEPOSIT REQUIRED BEFORE SUBMITTING AN OFFER AND SHOWING THE PROPERTY. SELLER FINANCING AVAILABLE WITH UP TO 60% LTV AT VERY COMPETITIVE INTEREST ONLY RATE!!!,Structure Type:1:Fourplex,County Or Parish:Broward County,List Office Name:Grand State Realty,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:New,Postal Code Plus4:2104,Property Sub Type:Quadruplex,State Or Province:FL,Subdivision Name:HOLLYWOOD BEACH,Tax Annual Amount:18846,Total Actual Rent:120000,Unparsed Address:332 Georgia St, Hollywood FL 33019,Listing Agreement:Exclusive Right To Sell,Operating Expense:33000,Year Built Details:Effective Year Built,Building Area Total:1778,Building Area Units:Square Feet,M I A M I R E_ L P Amt Sq Ft:885.8268,Original List Price:1575000,Public Survey Range:51,I D X Participation Y N:1,Net Operating Income:87000,Syndication Remarks:LOCATION!!! 4-plex building 1 block from the beach, steps from Hollywood board walk. Updated interior, impact windows, roof - 7 year old, new electrical, 4 separate electric meters. Two 1 bedroom 1 bath + Two studios, fully furnished and currently operating as short term rental business through AIRBNB and Booking platforms all year around with 90% occupancy rate. CAP rate shown based on long term rental numbers. Recently painted exterior and very well kept. DO NOT BOTHER TENANTS! PROOF OF FUNDS AND ESCROW LETTER SHOWING DEPOSIT REQUIRED BEFORE SUBMITTING AN OFFER AND SHOWING THE PROPERTY. SELLER FINANCING AVAILABLE WITH UP TO 60% LTV AT VERY COMPETITIVE INTEREST ONLY RATE!!!,Listing Contract Date:2024-11-01,Originating System I D:miamire,Public Survey Section:13,Showing Instructions:See Broker Remarks,Street Number Numeric:332,Tax Legal Description:HOLLYWOOD BEACH 1-27 B LOT 22 E1/2,23 W1/2 BLK 17,Public Survey Township:51,Originating System Name:Miami Association of REALTORS?,M I A M I R E_ Adjusted Area S F:1778,Association Fee Frequency:Monthly,M I A M I R E_ Internet Remarks:4-plex building 1 block from the beach, steps from Hollywood board walk,Contract Status Change Date:2024-11-01,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:With Written Broker Approval,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:885.83,Internet Automated Valuation Display Y N:1,