Stunning 3-Bed, 3-Bath Vacation Rental Investment Property in the Heart of Hollywood! This charming triplex, featuring three separate 1-bed, 1-bath units, offers an incredible investment opportunity. Located within walking distance of Young Circle and the golf course, and just a 5-minute drive from Hollywood Beach, this property is perfectly situated for both relaxation and recreation. With a gross income of approximately $8,500 per month, this property is an investor's dream. The zoning allows potential expansion to 2-9 units, offering even more possibilities for growth. Additional features include an exterior storage shed with a coin-operated laundry, generating extra income, two electric meters, and five parking spaces. Don't miss out on this prime tourist location property
Hollywood, FL, 33020
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
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