1521 North 59th Terrace

Hollywood, FL 33021

$300,000
Last Sold Price
Beds
2,568 Sq. Ft.
$117 / Sq. Ft.
2,568
Sq. Ft.
$117
per Sq. Ft.

Description

11.7%+ CAP RATE - HUGE Cash flow opportunity. This is a turn key investment. There is a newer central A/C unit In the 2 bedroom unit. The Front house has impact safety windows. Brand new drain field. The second building is 2, 2 story townhouse style units with a huge bedroom upstairs and a full bath both upstairs and downstairs. All units have been completely remodeled with new kitchens and baths,tile throughout. Many stainless appliances. Coin washer and dryer bringing in an additional $50 -$75...11.7%+ CAP RATE - HUGE Cash flow opportunity. This is a turn key investment. There is a newer central A/C unit In the 2 bedroom unit. The Front house has impact safety windows. Brand new drain field. The second building is 2, 2 story townhouse style units with a huge bedroom upstairs and a full bath both upstairs and downstairs. All units have been completely remodeled with new kitchens and baths,tile throughout. Many stainless appliances. Coin washer and dryer bringing in an additional $50 -$75 / month
  1. Listed by David Campbell • Design For Living

Property Details for 1521 North 59th Terrace

Subdivision Name
HOLLYWOOD COUNTRY ESTATES
Style
Fourplex
Waterfront
No

Location

Listing Courtesy of Design For Living

Sold By E PRO Realty

Add your commute
LISTING UPDATED: 07/22/2017 12:40 PM

Property Details for 1521 North 59th Terrace

StatusClosed Sale
MLS #F10057689
Days on Market67
Taxes$5,289 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Fourplex
Year Built1954
Lot Size-
CountyBroward County

Building

HOLLYWOOD COUNTRY ESTATES

2 StoriesBuilt in 1954

Location

Listing Courtesy of Design For Living

Sold By E PRO Realty

Add your commute

Building Information for 1521 North 59th Terrace

Stories2Residences-Year Built1954Building Size-Lot Size-

Payment Calculator

$2,078 per month

30 year fixed, 7.25% Interest

Principal and Interest

$1,637

Property Taxes

$441

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1521 North 59th Terrace

General Information
General Information
  • Sq Ft Liv Area: 2568.0
  • Information Available: Accounting Statements, Deposit - Security, Rent Rolls
  • Township Range: 51
  • Street Number Numeric: 1521
  • Street Number: 1521
  • Street Direction Prefix: N
  • Street Name: 59th Ter
  • County Or Parish: Broward County
  • Postal Code: 33021
  • City and Location Text: Hollywood
  • City Postal ID: 33021
Maintenance / Tax Information
  • Tax Amount: $5,289
  • Tax Information: Tax Reflects City & County Tax
  • Tax Year: 2016
Building Information
  • Property Type: Residential Income
  • Property Type Information: Detached
  • Subdivision Complex Bldg: HOLLYWOOD COUNTRY ESTATES
  • Total Units: 4
  • Type of Property: Fourplex
  • Year Built Numeric: 1955
  • Year Built Description: Unknown
  • MLS Area: 3070
Virtual Tour / Features / Utilities
Interior
  • Floor Description: Tile Floors
  • Flooring: Tile Floors
Exterior
  • Exterior Features: Deck, High Impact Doors, Patio
  • Construction Type: Concrete Block Construction
  • Pool: No
  • Roof Description: Other Roof, Comp Shingle Roof
  • Construction: Concrete Block Construction
  • Roof: Other Roof, Comp Shingle Roof
Utilities
  • Cooling Description: Central Cooling, Wall/Window Unit Cooling
  • Heating Description: No Heat
  • Cable Available: Yes
  • Separate Meter: No
  • Sewer Description: Septic Tank
Property / Lot Information
Building Information
  • Unit Count: 4
  • Type of Association: None
  • Zoning Information: Res
  • Num Parking Spaces: 8
  • Num Stories: 2
Community Information
  • Subdivision Number Numeric: 10
Location Information
  • Area: 3070
  • Directions: From 441 and McKinley Street. Go East on McKinley to 59th Terrace. Turn left. This is the 2 buildings at the end of the street. The one building is shaped like a barn.
  • Geographic Area: Hollywood Central (3070-3100)
  • Parcel Number Free Text: 514112100190
  • Section: 12
  • State: FL
Lot Information
  • Lot Description: Less Than 1/4 Acre Lot
Multi Family Information
Expense Information
  • Exp Incl Electric: Yes
  • Exp Incl Trash: Yes
  • Exp Incl Water Sewer: Yes
  • Total Expenses: $6,000
Income Information
  • Gross Rent Income: $47,100
Rent Information
Rent Information
  • Rent Includes: Electric, Sewer, Trash Removal, Water

Property History for 1521 North 59th Terrace

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Schools near 1521 North 59th Terrace

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

Attucks Middle School
Public6 to 8

South Broward High School
Public9 to 12

Sheridan Technical High School
Public9 to 12

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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Listing Courtesy of Design For Living

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.