2219 Polk St #8A Active

Hollywood,FL 33020

$ 149900

1 Bed

1 Bath

576 SqFt


Key Details

Property Type Condo

Sub Type Condominium

Listing Status Active

Purchase Type For Sale

Square Footage 576 sqft

Price per Sqft $260

Subdivision Cypress Gardens Condomini

MLS Listing ID A11708162

Style Other

Bedrooms 1

Full Baths 1

HOA Fees $491/qua

Year Built 1970

Annual Tax Amount $2,755

Tax Year 2024

Property Sub-Type Condominium

Property Description

Investment property in Hollywood. This unit has been upgraded and is ready for rental immediately upon closing. IT CAN BE SOLD AS PART OF A PACKAGE ALONG WITH TWO ADDITIONAL FIRST-FLOOR, ONE-BED/ONE-BATHROOM UNITS WITHIN THE SAME COMPLEX. All three apartments are similar in design.2219 POLK #1A:ASKING $145,000 Occupied by a long-term Section 8 tenant paying $1,600 p/month. This unit passed the Hollywood Housing Inspection in 09/2024. 2225 POLK #8A: ASKING $147,000. Occupied by a long-term tenant paying $1,475 p/month. No need to upgrade while tenants are in premises. Estimated Cap. Rates: 2219/1A: 6.8%, 2219/8A: 6.6%, 2225/8AW: 5.8%. This is an excellent investment opportunity in a fast growing area, just steps of Hollywood Blvd and circles, Dixie Hwy, I-95 and 10' drive to beaches.

Location

State FL

County Broward

Community Cypress Gardens Condomini

Area 3050

Interior

Heating None

Cooling Central Air,Ceiling Fan(s)

Flooring Tile

Laundry Common Area

Exterior

Exterior Feature Porch

Garage Spaces 1.0

Pool Association

Amenities Available Laundry,Pool

View Garden,Pool

Building

Structure Type Block

Others

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

Special Listing Condition Listed As-Is

Pets Allowed No

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