3630 N 56th Ave #318 Active

Hollywood,FL 33021

$ 199000

1 Bed

1 Bath

659 SqFt


Key Details

Property Type Condo

Sub Type Condominium

Listing Status Active

Purchase Type For Sale

Square Footage 659 sqft

Price per Sqft $301

Subdivision Lakewood At Emerald Hills

MLS Listing ID A11672130

Style None

Bedrooms 1

Full Baths 1

HOA Fees $275/mo

Year Built 1993

Annual Tax Amount $3,452

Tax Year 2023

Property Description

ONLY INVESTORS 6.5% CAP RATE (monthly cash flow $1,050) - TENANT OCCUPIED UNTIL 03/31/25. ATTENTION ALL INVESTORS!!! START COLLECTING ON CLOSING DATE!!! One of the best OPPORTUNITIES in Hollywood. Great opportunity to own this beautiful income producing unit, spacious condo very well kept and centrally located in the heart of Hollywood at a quiet gated community by the lake, Lakewood at Emerald Hills. No minimum credit score required by association and no special assessments announced. Unit is Tenant occupied with same Tenant for the last 3 years, great tenant paying currently $1,600 always on time and no issues at all, 6.5% CAP RATE. Great amenities like pool, tennis, gym, laundry inside the unit, clubhouse and BBQ.
Low Maintenance just new paint on buildings, no restrictions on rent.

Location

State FL

County Broward

Community Lakewood At Emerald Hills

Area 3070

Interior

Heating Central,Electric

Cooling Central Air,Electric

Flooring Carpet

Exterior

Exterior Feature Other,Tennis Court(s)

Pool Association

Amenities Available Basketball Court,Fitness Center,Other,Pool,Tennis Court(s),Trail(s)

Waterfront No

View Garden,Other

Building

Structure Type Block

Others

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

Pets Description Conditional,Yes

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