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1625 Cleveland Street
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PRICED AT ONLY: $1,050,000

Address: 1625 Cleveland Street, Hollywood, FL 33020

Description

Prime East Hollywood Triplex. East of US 1. Corner Lot. Property includes Renovated 2 3/2 Apartments and 1 1/1 Apartment in one well maintained building. Each unit with tiled flooring, impact windows, updated kitchen cabinets with quartz countertops, and access to private front patios. Currently rented and licensed as a Short Term Vacation Rental. VR is generating an average between $9K $12K Gross Income per month for both 3/2s and $1500 for the 1/1. Parking available for up to 7 cars. Great quiet Hollywood Lakes neighborhood. $133,513 PGI. $40,251 NOI. Owner Financing available. Mortgage Assumption available at 3% Interest Rate. Centrally located near beaches, parks, major highways, shops, and restaurants, ideal for maximizing rental income or long term growth.

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Virtual Tour
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  • MLS#: F10551991 ( Residential Income )
  • Street Address: 1625 Cleveland Street
  • Viewed: 28
  • Price: $1,050,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1953
  • Bldg sqft: 0
  • Days On Market: 18

Description

Prime East Hollywood Triplex. East of US 1. Corner Lot. Property includes Renovated 2 3/2 Apartments and 1 1/1 Apartment in one well maintained building. Each unit with tiled flooring, impact windows, updated kitchen cabinets with quartz countertops, and access to private front patios. Currently rented and licensed as a Short Term Vacation Rental. VR is generating an average between $9K $12K Gross Income per month for both 3/2s and $1500 for the 1/1. Parking available for up to 7 cars. Great quiet Hollywood Lakes neighborhood. $133,513 PGI. $40,251 NOI. Owner Financing available. Mortgage Assumption available at 3% Interest Rate. Centrally located near beaches, parks, major highways, shops, and restaurants, ideal for maximizing rental income or long term growth.
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Features
Building and Construction
  • Exterior Features: Balcony
  • Flooring: Ceramic Tile
  • Roof: Shingle, Wood
Utilities
  • Cooling: Central Air
  • Heating: Separate Meters, Central, Electric, Heat Pump
  • Road Frontage Type: East of US-1
  • Sewer: Public Sewer
  • Utilities: Cable Available
Finance and Tax Information
  • Home Owners Association Fee Includes: Electricity, Hot Water, Sewer, Trash, Water
  • Tax Year: 2024
Other Features
  • Legal Description: POINSETTA PARK 8-35 B LOT 12 S 70 OF W 19.44, 13 S 70, 14 S 70 BLK 1
  • Parcel Number: 514210200100
  • Views: 28
  • Zoning Code: RM-12
Nearby Subdivisions
Anna Park 38-19 B   Belmar Amended   Buchanan Center 24-37 B   Carousso Estates 25-18 B   Chatham Terrace Co-op   Cranston Terrace 28-14 B   Dixie Gardens   Frank Add To Hollywood 7-   Frank C Dickey Sub 11-8 B   Gardner Villas   Georgetown Condominium   Harding Place Apartments   Harris Estates   Hollyood 1-21   Hollywood   Hollywood 1-21 B   Hollywood Country Club Distric   Hollywood Estates   Hollywood Homesites Secon   Hollywood Lakes   Hollywood Lawns 2-58 B   Hollywood Little Ranches   Hollywood Park   Hollywood Park 4-19 B   Hollywood Park 419 B   Hollywood Place 7-6 B   Hollywood South   Hollywood South Side Add   Hollywood Terrace 2 Co-op   Hollywood Terrace 3-12 B   Hollywood Terrace Amd   Hollywood View 12-47 B   Liberia   Lincoln Gardens Co-op   Marbar Estates 43-12 B   Marlynn Apts Co-op   North Hollywood   North Hollywood 4-1 B   North Hollywood Square   Pembroke Arms Condo Apts   Poinsetta Park 8-35 B   South Hollywood Amd 4-10   St James Court   St James Court 5-26 B   St James Park First Add 3   St James Park Second Add   Sub Of 21-51-42 B B-13 D   Sunnyside Estates 19-35 B   Sunset Trails No 4   Sunset Trails No 5   Washington Heights Add 2411 B   Wilkes-barre Park  
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