Property Description

Investment property in Hollywood. IT CAN BE SOLD AS PART OF A PACKAGE ALONG WITH TWO ADDITIONAL FIRST-FLOOR, ONE-BED/ONE-BATHROOM UNITS WITHIN THE SAME COMPLEX. All three apartments are similar in design. This unit has a Section 8 tenant, paying $1,600. The apartment passed the Holywood Housing Annual Inspection in 09/2024. 2219 Polk St. #8A; ASKING $149,900 Vacant, upgraded and ready for rent at $1,600 p/month. 2225 Polk St. #8AW; ASKING $147,000. Occupied by a long-term tenant paying $1,475 p/month. No need to upgrade while tenants are in premises. Estimated Cap. Rates: 2219/1A: 6.8%, 2219/8A: 6.6%, 2225/8AW: 5.8%. This is an excellent investment opportunity in a fast growing area, just steps of Hollywood Blvd and circles, Dixie Hwy, I-95 and 10′ drive to beaches.

Features
: Central Air
: Garden View
: Electric Range, Refrigerator
: Other
: Tile
1
: First Floor Entry
: 1 Space, Limited # Of Vehicle
: At Least 1 Bedroom Ground Level
: No Security
Address Map
FL
Broward County
Hollywood
33020
2219 Polk St # 1A
CYPRESS GARDENS
0
W81° 50' 53.7''
N26° 0' 46.2''
CYPRESS GARDENS CONDOMINI
MLS Addon
: Garden Apartment
: Laundry, Pool
$1,473
Quarterly
: Cbs Construction
0
: All Cash, Conventional
2
: Condo, Condo 1-4 Stories
$2,866
2024

Residential For Sale

2219 Polk St # 1A, Hollywood, Florida 33020

1 Bedrooms
1 Bathrooms
576 Sqft
$145,000
Listing ID #A11735346
Basic Details
Property Type : Residential
Property SubType : Condominium
Listing Type : For Sale
Listing ID : A11735346
Price : $145,000
Bedrooms : 1
Bathrooms : 1
Square Footage : 576 Sqft
Year Built : 1970
Bathrooms Total : 1
Building Area : 576 Sqft
Status : Active
Agent info
Contact Agent