1008 North 22nd Avenue

Hollywood, FL 33020

$479,000
Price
Beds
1,340 Sq. Ft.
$357 / Sq. Ft.
1,340
Sq. Ft.
$357
per Sq. Ft.

Description

Price reduction! Amazing opportunity to purchase this income producing duplex with a 1/1 and a 1/1 currently at 4.75% CAP RATE, generating over 2,850 per month with a MASSIVE upside potential to be at 6.5% or greater. This property is well maintained, featuring a new roof that was installed 2023, New AC Units, and water heater. New floors in both units! Space in rear of property to build another unit for more income opportunities! Located only 1 Mile from downtown Hollywood, fine dining and shopping....Price reduction! Amazing opportunity to purchase this income producing duplex with a 1/1 and a 1/1 currently at 4.75% CAP RATE, generating over 2,850 per month with a MASSIVE upside potential to be at 6.5% or greater. This property is well maintained, featuring a new roof that was installed 2023, New AC Units, and water heater. New floors in both units! Space in rear of property to build another unit for more income opportunities! Located only 1 Mile from downtown Hollywood, fine dining and shopping. 2 Miles from Hollywood Beach. Rents could increase with no updates needed! Tenant occupied, please do not disturb tenants.
  1. Listed by Alex Saludes • EXP Realty, LLC.

Property Details for 1008 North 22nd Avenue

Subdivision Name
Hollywood Terrace 3-12 B
Style
Duplex
Waterfront
No

Location

Listing Courtesy of EXP Realty, LLC.
Add your commute
LISTING UPDATED: 05/03/2024 09:04 AM

Property Details for 1008 North 22nd Avenue

StatusActive
MLS #F10435207
Days on Market15
Taxes$6,873 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Duplex
Year Built1955
Lot Size-
CountyBroward County

Location

Listing Courtesy of EXP Realty, LLC.
Add your commute

Building Information for 1008 North 22nd Avenue

Stories-Residences2Year Built1955Building Size-Lot Size-

Payment Calculator

$3,187 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,614

Property Taxes

$573

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1008 North 22nd Avenue

General Information
General Information
  • Sq Ft Liv Area: 1340.0
  • Information Available: Other Available Information
  • Township Range: 5142
  • Street Number Numeric: 1008
  • Street Number: 1008
  • Street Direction Prefix: N
  • Street Name: 22
  • County Or Parish: Broward County
  • Postal Code: 33020
  • City and Location Text: Hollywood
  • Pets On Premises YN: No
  • City Postal ID: 33020
Maintenance / Tax Information
  • Tax Amount: $6,873
  • Tax Information: Tax Reflects City & County Tax
  • Tax Year: 2023
Building Information
  • Property Type: Residential Income
  • Property Type Information: Attached
  • Subdivision Complex Bldg: Hollywood Terrace 3-12 B
  • Total Units: 2
  • Type of Property: Duplex
  • Year Built Numeric: 1955
  • Year Built Description: Resale
  • MLS Area: 3050
Virtual Tour / Features / Utilities
Interior
  • Floor Description: Laminate, Wood Floors
  • Flooring: Laminate, Wood Floors
Exterior
  • Construction Type: Cbs Construction
  • Pool: No
  • Roof Description: Comp Shingle Roof
  • Construction: Cbs Construction
  • Roof: Comp Shingle Roof
Waterfront
  • Water Description: Municipal Water
Utilities
  • Cooling Description: Electric Cooling, Wall/Window Unit Cooling
  • Heating Description: Central Heat
  • Cable Available: No
  • Separate Meter: Yes
  • Sewer Description: Municipal Sewer
Property / Lot Information
Building Information
  • Unit Count: 2
  • Type of Association: None
  • Zoning Information: RM-9
  • Num Parking Spaces: 4
  • Num Stories: 1
Community Information
  • Development Name Free Text: Hollywood Terrace
  • Gated Community YN: No
  • Property Management: No
Location Information
  • Area: 3050
  • Geographic Area: Hollywood East (3010-3050)
  • Parcel Number Free Text: 514209030080
  • Section: 9
  • State: FL
Lot Information
  • Lot Description: Less Than 1/4 Acre Lot
Multi Family Information
Expense Information
  • Exp Incl Insurance: Yes
  • Exp Incl Lawn Maintenance: Yes
  • Exp Incl Water Sewer: Yes
Income Information
  • Gross Rent Income: $34,200
  • Net Operating Income: $13,200
Rent Information
Rent Information
  • Rent Includes: Lawn Care, Other Rent Incl, Trash Removal

Property History for 1008 North 22nd Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1008 North 22nd Avenue

Taxable ValueLand$45,140Additions$250,030Total$295,170
Tax Record2023$6,873 ($573 / month)
Home Facts
Total Finished SqFt1,356 SqFtAbove Grade Finished SqFt1,356 SqFtStories1Lot Size5,015 SqFtStyleDuplexYear Built1955Year Renovated1956ZoningDH-1CountyBROWARDAPN51-42-09-03-0080

Schools near 1008 North 22nd Avenue

This home is within Broward.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - PK to 8
Rating
School
Distance
Oakridge Elementary School
PublicPK to 5

Olsen Middle School
Public6 to 8

South Broward High School
Public9 to 12

Beachside Montessori Village
PublicPK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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1008 North 22nd Avenue is a multi-family home for sale in Hollywood, FL 33020. This property was listed for sale on April 18, 2024 by EXP Realty, LLC., it's currently listed at $479,000. It has been on the market for a total of 15 days and was last sold on October 23, 2020. This listing's school district is Broward. Nearby schools include Oakridge Elementary School, Olsen Middle School and South Broward High School. 1008 North 22nd Avenue is a 0-bed, 0-bath, 1,340 sqft multi-family home built in 1955.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of EXP Realty, LLC.

Based on information from one of the following Multiple Listing Services: Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.