$4,004,000
$4,400,000
9.0%For more information regarding the value of a property, please contact us for a free consultation.
SOLD DATE : 08/18/2025
Key Details
Sold Price $4,004,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Subdivision Bonnie Villa Apts Co-Op
MLS Listing ID A11766910
Sold Date 08/18/25
Style Fourplex
HOA Fees $8,096/mo
HOA Y/N Yes
Year Built 1962
Annual Tax Amount $47,227
Tax Year 2025
Contingent Other
Property Sub-Type Quadruplex
Property Description
22 unit building in the heart of Hollywood with additional value add potential! 8 two bedrooms units and 14 one bedroom units has a monthly income of $37,600, net operating income (NOI) of $306,285 and a cap rate of 6.96%.Building has 22 parking spaces with additional street parking, gated entry, coin laundry and security cameras. Additionally, this property sits on a DH-3 zoned lot, allowing for huge potential redevelopment. Located in the Dixie Highway Mixed Use District, property can be up to 10 stories or max 140 Ft. Potential use as Retail, Hotel, Multi-Family or Mixed Use making it an attractive option for investors looking to capitalize on future growth opportunities in the area.
Location
State FL
County Broward
Community Bonnie Villa Apts Co-Op
Area 3050
Direction Google Maps
Interior
Heating Wall Furnace
Cooling Ceiling Fan(s), Wall/Window Unit(s)
Flooring Ceramic Tile, Vinyl
Window Features Blinds
Exterior
Pool None
Utilities Available Cable Available
Roof Type Shingle
Total Parking Spaces 22
Private Pool No
Building
Lot Description Sprinklers Automatic, < 1/4 Acre
Story 2
Sewer Public Sewer
Architectural Style Fourplex
Level or Stories Two
Structure Type Block
Others
Tax ID 514215NN0010
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash
Special Listing Condition Listed As-Is
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Bought with Capital Group Rlty 2004 LLC
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