2219 Polk St, #1A, Hollywood, FL, 33020

1 beds
1 Full baths
1970
Garden Apartment
576 sqft
Investment property in Hollywood. 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. This unit has a Section 8 tenant, paying $1,600. The apartment passed the Holywood Housing Annual Inspection in 09/2024. 2219 Polk St. #8A; ASKING $149,900 Vacant, upgraded and ready for rent at $1,600 p/month. 2225 Polk St. #8AW; 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.
Status:
Active
Type:
Condo
Laundry Remarks:
Common Area
Complex:
CYPRESS GARDENS CONDOMINI
Garage:
1-car One Space
Heating:
None
Cooling:
Central Air
Levels:
2
Common Charge:
$1,473 Quarterly
Est. Taxes:
$2,866
HOA Fee
$1,473
Construction
Block
View Description:
Garden
Amenities:
Laundry, Pool
Pet Allowed:
No
Appliances:
Electric Range, Refrigerator
Pool:
Association
MLS #:
A11735346
Community Info
School Info
Walk Score
Yelp
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Listing courtesy of Beachfront Realty Inc Phone: 305-405-0615