206 South 15th Avenue, Unit 16

Hollywood, FL 33020

$1,599,000
Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Seller financing available with 30% down! Introducing 206 S 15th Ave, a unique 6-unit multifamily property nestled on a corner lot in the vibrant Young Circle/Hollywood Lakes area of downtown Hollywood. This gem comprises two buildings offering a diverse mix of units, including one 2-bed/1-bath, four 1-bed/1-bath, and one studio unit. Featuring a coin laundry room, this property presents an opportunity for additional monthly income. The location is unbeatable, with easy access to restaurants, bars,...Seller financing available with 30% down! Introducing 206 S 15th Ave, a unique 6-unit multifamily property nestled on a corner lot in the vibrant Young Circle/Hollywood Lakes area of downtown Hollywood. This gem comprises two buildings offering a diverse mix of units, including one 2-bed/1-bath, four 1-bed/1-bath, and one studio unit. Featuring a coin laundry room, this property presents an opportunity for additional monthly income. The location is unbeatable, with easy access to restaurants, bars, shopping, and just a short drive from the beach. Recent upgrades including a new roof and landscaping add to the property's appeal. At full occupancy, it has the potential to generate approximately $140k annual income at market rates, making it a very attractive investment opportunity.

Property Details for 206 South 15th Avenue, Unit 16

Area
3050
Auction
No
Num Stories
2

Location

Listing Courtesy of Fausto Commercial Realty Consultants Inc
Add your commute
LISTING UPDATED: 05/08/2024 12:17 AM

Property Details for 206 South 15th Avenue, Unit 16

StatusActive
MLS #A11581835
Days on Market15
Taxes$13,708 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeCommercial/Industrial / Income/Multi Family
Year Built-
Lot Size0.13 AC / 5,770 SF
CountyBroward County

Location

Listing Courtesy of Fausto Commercial Realty Consultants Inc
Add your commute

Building Information for 206 South 15th Avenue, Unit 16

Stories-Residences-Year Built-Building Size-Lot Size0.13 AC / 5,770 SF

Payment Calculator

$9,869 per month

30 year fixed, 7.25% Interest

Principal and Interest

$8,726

Property Taxes

$1,142

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 206 South 15th Avenue, Unit 16

Location Information
Location Information
  • Parcel Number Free Text: 514215024590
  • Parcel Number MLX: 4590
  • MLS Area: 3050
  • Township Range: 51
  • Section: 15
  • Subdivision Number: 2
  • Unit Count: 0
  • Zoning Information: RS-6
General Information
Parking
  • Parking Description: Street Parking
General Information
  • Prop Type-Type of Building: Apartments
  • Building Sq Ft: 3,686
  • Num Meters: 6
  • Approximate Lot Size: 3686
  • Property Sq Ft: 5770
  • Num Buildings: 2
  • Construction: CBS Construction, Other Construction
  • Construction Type: CBS Construction, Other Construction
  • Roof Description: Other Roof, Shingle Roof
  • Flooring: Other Floors, Wood Floors
  • Floor Description: Other Floors, Wood Floors
Additional Property Information
Utilities
  • Heating Description: Wall/Window Units
  • Cooling Description: Wall/Window Unit Cooling
  • Water Description: Public Water
  • Sewer Description: Public Sanitation
Additional Property Information
  • Guest Accommodations: No
  • Tenant Pays: Interior Electric
Financial Information
Financial Information
  • Flood Zone: AE
  • Information Available: Aerial Photo(S), Investment Analysis
Rental Information
Rent Information
  • Deposit Information: First Month Rent, Last Month Rent, Security Deposit

Property History for 206 South 15th Avenue, Unit 16

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 206 South 15th Avenue, Unit 16

Taxable ValueLand-Additions-Total-
Tax Record2019$10,065 ($839 / month)
Home Facts
Total Finished SqFt3,567 SqFtAbove Grade Finished SqFt3,567 SqFtStories2Lot Size5,770 SqFtStyleMulti-Family Res (5+ Units)Year Built1929Year Renovated1930ZoningRS-6CountyBROWARDAPN514215024590

Schools near 206 South 15th Avenue, Unit 16

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

Olsen Middle School
Public6 to 8

South Broward 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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206 South 15th Avenue, Unit 16 is a multi-family home for sale in Hollywood, FL 33020. This property was listed for sale on May 5, 2024 by Fausto Commercial Realty Consultants Inc, it's currently listed at $1,599,000. This listing's school district is Broward. Nearby schools include Hollywood Central Elementary School, Olsen Middle School and South Broward High School. 206 South 15th Avenue, Unit 16 is a 0-bed, 0-bath, multi-family home.

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 Fausto Commercial Realty Consultants Inc

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.