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Pinnacle Real Estate Group – FL

, Hollywood, FL 33023 (MLS# A12025025)

Hollywood, FL 33023

$1,580,000
Property Type: Commercial Sale Square Footage: 4,471 Status: Active
Current Price: $1,580,000 List Date: 6/02/2026 Last Modified: 8/26/2026

Overview

Description

Excellent investment opportunity in Hollywood! 10-unit multifamily property consisting of six 1-bedroom/1-bath units and four studio units. Current projected gross income approximately $165,300 annually, including laundry income. Unit 6 is currently vacant, providing immediate upside potential. Five units fully renovated, three partially renovated, and two in original condition.Property operates as a 10-plex with seven electric meters. Corner lot of approximately 10,000 SF offers potential future redevelopment opportunities. Strong tenant demand area with convenient access to major highways, shopping, dining, and employment centers.Projected NOI approximately $106,684 with an estimated cap rate of 6.28% based on projected income and expenses. Buyer to verify all income, expenses, zoning, measurements, and redevelopment potential. Financials, rent roll, and leases available upon request.

Listing Details MLS# A12025025

General Property Information

Number Of Buildings
2
Property Sub Type
Multi Family
Price Per Unit
169000
Occupant Type
Tenant
Building Area Main
4471
Year Built
1959
Parking Total
11
Lot Size Area
10602
Lot Size Acres
0.24
Stories Total
Yes

Property Features

Building Features: Free Standing Documents Available: Copy Of Lease(s); Other Available Information; Rent Rolls; Site Plans Parking Features: Assigned Possession: Close Of Escrow; Subject To Tenant Rights Property Condition: Resale Sale Includes: Building; Land Construction Materials: Block Listing Terms: Cash; Conventional Road Frontage Type: City Street Security Features: Security Fence

Contract Information

Comp Sale YN
No
Original List Price
1699000

Location and Legal

County Or Parish
Broward
County Parish Name
Broward
City Name
Hollywood
State Or Province
FL
Postal Code
33023
Postal Code +4
1800
Geographic Area
HWCE - Hollywood Central (3070-3100)
Subdivision Number
14
Multiple Offers Accepted
No
Zoning
S-MU
Flood Zone
AH,X

Financial Information

Tax Annual Amount
21434
Tax Legal Description
BEVERLY PARK 25-44 B LOT 14,15 BLK 4

Status Change Information

Major Change Timestamp
2026-08-24T14:52:36Z
Major Change Type
Price Reduced
Price Change Timestamp
2026-08-24T14:52:36Z
Status Change Date
2026-06-02

More Information

Meter Information

Number Of Meters Total
7

Price Calculations

Current Price To SqFt
353.38

Section Details

Parcel Number MLX
0770

Originating Details

Originating System Key
495483909
Originating System ID
M00000151

Office/Member Information

DXORIGMLSID
SEF

Parking Features

Assigned
Yes

Property Condition

Resale
Yes

Documents Available

Copy Of Lease(s)
Yes
Other Available Information
Yes
Photos
Yes
Rent Rolls
Yes
Site Plans
Yes

Possession

Close Of Escrow
Yes
Subject To Tenant Rights
Yes

Building Features

Free Standing
Yes

Sale Includes

Building
Yes
Land
Yes

Construction Materials

Block
Yes

Listing Terms

Cash
Yes
Conventional
Yes

Road Frontage Type

City Street
Yes

Security Features

Security Fence
Yes
IDX
Listing Office: ISRAM Realty & Management
Last Updated: August - 26 - 2026
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.

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