1512 Harrison St, Hollywood FL 33020,Hollywood,Broward County,Commercial Sale

  • $2,300,000
1512 Harrison St, Hollywood FL 33020

Overview

  • Income/MultiFamily
  • Property Type
  • 1929
  • Year Built

Description

Seller financing! Introducing 1512 Harrison St, a truly unique 9-unit multifamily gem situated right on Young Circle in downtown Hollywood. Comprising two buildings, it offers a diverse mix of units including two 2-bed/1-bath, four 1-bed/1-bath, and three studios. The property also features four rented storage units, providing additional monthly income. Some units have been updated with new vinyl flooring, fresh paint, and more.
The location couldn’t be better—just steps away from restaurants, bars, shopping, and a short drive from beaches. At full occupancy, it has the potential to generate around $200,000 annually, with an opportunity for increased returns by converting the storage units into studios, creating added value. A coin laundry room further contributes to its revenue stream.

Details

Updated on April 16, 2024 at 6:21 pm
  • Price: $2,300,000
  • Year Built: 1929
  • Property Type: Income/MultiFamily
  • Property Status: Commercial Sale

Additional details

  • PublicSurveyRange: 51
  • ShowingInstructions: Call Listing Agent
  • LeaseAssignableYN: no
  • ListAgentKey: 1935ebadec8c69d7a6e4620d2dae77a8
  • TaxLegalDescription: HOLLYWOOD 1-21 B LOT 19, 20 BLK 78
  • OnMarketDate: 2024-03-11
  • ListAgentEmail: elevi@faustocommercial.com
  • ContractStatusChangeDate: 2024-03-11
  • MajorChangeTimestamp: 2024-03-11T15:19:39.627Z
  • Flooring: Other, Vinyl
  • PhotosCount: 17
  • SubAgencyCompensation: 2.25%
  • Cooling: Wall/Window Unit(s)
  • StatusChangeTimestamp: 2024-03-11T14:47:01.120Z
  • FinancialDataSource: Owner Provided, Projected Pro-Forma
  • PriceChangeTimestamp: 2024-03-11T15:19:39.627Z
  • ListingKeyNumeric: 393031984
  • MajorChangeType: Price Increase
  • ListingContractDate: 2024-03-11
  • ListAOR: A-Miami Association of REALTORS
  • TaxAnnualAmount: 39185
  • ListOfficeName: Fausto Commercial Realty Consultants Inc
  • OriginatingSystemKey: miamire
  • BusinessType: Apartments
  • DualVariableCompensationYN: no
  • PhotosChangeTimestamp: 2024-03-11T15:01:22.094Z
  • OriginatingSystemName: Miami Association of REALTORS®
  • ListOfficePhone: 9547437594
  • MlsStatus: Active
  • StreetNumber: 1512
  • LeaseTerm: 1 To 3 Year Lease
  • ListingKey: f9626e44f524ddb86a6b74edfa6e5665
  • StateOrProvince: FL
  • ShowingContactType: Agent
  • ListOfficeKey: 7cfc112ff185580637392301ab94285c
  • BridgeModificationTimestamp: 2024-03-11T15:22:29.003Z
  • ListAgentFullName: Elior Levi
  • Roof: Shingle
  • ListAgentOfficePhone: 9547437594
  • Stories: 2
  • ParcelNumber: 514215024620
  • ListingTerms: All Cash, Conventional/Refinance, Owner Will Carry
  • SignOnPropertyYN: no
  • LeaseRenewalOptionYN: no
  • OtherExpense: 0
  • Possession: Funding
  • LeaseConsideredYN: yes
  • IDXParticipationYN: yes
  • InternetAddressDisplayYN: yes
  • ListAgentMlsId: 3574869
  • StoriesTotal: 2
  • ModificationTimestamp: 2024-03-11T15:19:39.627Z
  • OriginatingSystemID: miamire
  • LandLeaseYN: no
  • PreviousListPrice: 2400000
  • DaysOnMarket: 0
  • BuyerAgencyCompensationType: %
  • ListOfficeMlsId: FAUS01
  • ListAgentDirectPhone: 954-743-7594
  • StreetNumberNumeric: 1512
  • ParkingFeatures: Other, Shared Parking, On Street
  • PostalCodePlus4: 5226
  • NumberOfUnitsInCommunity: 9
  • Sewer: Public Sanitation
  • SyndicationRemarks: Seller financing! Introducing 1512 Harrison St, a truly unique 9-unit multifamily gem situated right on Young Circle in downtown Hollywood. Comprising two buildings, it offers a diverse mix of units including two 2-bed/1-bath, four 1-bed/1-bath, and three studios. The property also features four rented storage units, providing additional monthly income. Some units have been updated with new vinyl flooring, fresh paint, and more. The location couldn't be better—just steps away from restaurants, bars, shopping, and a short drive from beaches. At full occupancy, it has the potential to generate around $200, 000 annually, with an opportunity for increased returns by converting the storage units into studios, creating added value. A coin laundry room further contributes to its revenue stream.
  • Heating: Wall/Window Units
  • ListAgentStateLicense: 3574869
  • PublicSurveyTownship: 51
  • ListOfficeFax: 305-675-0365
  • ListingAgreement: Exclusive Right To Sell
  • PublicSurveySection: 15
  • ListingId: A11547983
  • SpecialListingConditions: Sale
  • NumberOfBuildings: 2
  • OriginalListPrice: 2400000
  • BuildingAreaUnits: Square Feet
  • InternetEntireListingDisplayYN: yes
  • BuyerAgencyCompensation: 2.25%
  • InternetAutomatedValuationDisplayYN: yes
  • OriginalEntryTimestamp: 2024-03-11T14:47:01.120Z
  • SourceSystemKey: 393031984
  • LotFeatures: In Residential Area
  • DocumentsAvailable: Aerial Photo(S), Rent Rolls
  • ConstructionMaterials: CBS Construction
  • LotSizeSquareFeet: 10243
  • InternetConsumerCommentYN: yes
  • BuildingAreaTotal: 5374
  • Address Harrison St
  • City Hollywood
  • State/county Broward County
  • Zip/Postal Code 33020

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