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    605 and 609 S Ocean Dr

    Hollywood, FL 33019
    • $2,475,000
    • STATUS: Active
    • ON SITE: 259 days
    • MLS #: A10904040
    UPDATED: 46 min ago
    $2,475,000
    • 0
      BEDS
    • 0.04
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Type:
    Business Opportunity
    Built:
    1954
    County:

    School Ratings & Info

    Description

    12% CAP Rate Amazing opportunity for investors wishing to do Vacation Rentals. Zoned for Hotel, Completely Remodeled 8 units that consist of 3 One bedroom Units and 5 Studio Units. Impact Windows throughout!!! You do not need a vacation rental license to perform business in this unit. It is allowed per Hollywood zoning laws. Units are fully rented by Airbnb and have a good database of repeated customers. Roof is new and units are fully remodeled with porcelain floors, spot lights and brand new bathrooms. Seller will provide all the current bookings for next months so new buyer can earn income right from closing date. One bedroom units are currently rented for 150-200 dollars a day and studios 100-150 a day, depending on holidays and days of the week. Steps to ocean and restaurants.

    Monthly Payment Calculator



    Copyright 2021, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. The data relating to real estate for sale on this web site comes in part from the participating Associations/MLS’s in the Southeast Florida Regional Multiple Listing Service cooperative agreement, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2021, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. Use of search facilities of data on the site, other than a consumer looking to purchase real estate, is prohibited. Data last updated 2021-04-20T18:43:36.657.
    www.roseharrisgroup.com/homes/108513199
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    605 and 609 S Ocean Dr Hollywood, FL 33019

    • Price: $2,475,000
    • Status: Active
    • Updated: 46 min ago
    • MLS #: A10904040
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.04
    Acres
    1954
    Built
    County:
    Broward
    Property Description
    12% CAP Rate Amazing opportunity for investors wishing to do Vacation Rentals. Zoned for Hotel, Completely Remodeled 8 units that consist of 3 One bedroom Units and 5 Studio Units. Impact Windows throughout!!! You do not need a vacation rental license to perform business in this unit. It is allowed per Hollywood zoning laws. Units are fully rented by Airbnb and have a good database of repeated customers. Roof is new and units are fully remodeled with porcelain floors, spot lights and brand new bathrooms. Seller will provide all the current bookings for next months so new buyer can earn income right from closing date. One bedroom units are currently rented for 150-200 dollars a day and studios 100-150 a day, depending on holidays and days of the week. Steps to ocean and restaurants.
    Exterior Features

    Inclusions EquipmentFurniture/FixturesInventoryLeasesBusiness; Building And Land Lot Features Beach Access Pool Private YN No View YN No Waterfront YN No

    Interior Features

    Adjusted Square Footage 1872 Building Features Airport AccessAutomobile Traffic Cooling Central Building A/CCentral Individual A/C Heating Central Building A/CCentral Individual A/C

    Property Features

    Association YN No Building Name Flamingo Rentals Business Type Business Cooling YN Yes Documents Available Copy Of Lease(S)Existing Survey Heating YN Yes Horse YN No Insurance Expense 20000 Internet Address Display YN Yes Internet Automated Valuation Display YN Yes Internet Entire Listing Display YN Yes Listing Terms All CashCash New Construction YN No Public Survey Section 13 Senior Community YN No Structure Type Commercial CondoCommercialHotel/Motel Tax Annual Amount 0 Tax Year 2019

    Listing courtesy of Vera Realty Llc.


    Copyright 2021, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. The data relating to real estate for sale on this web site comes in part from the participating Associations/MLS’s in the Southeast Florida Regional Multiple Listing Service cooperative agreement, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2021, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. Use of search facilities of data on the site, other than a consumer looking to purchase real estate, is prohibited. Data last updated 2021-04-20T18:43:36.657.
     
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    The Rose Harris Group | ONE Sotheby's International Realty
    119 Washington Ave
    Miami Beach FL, 33139