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About This Property
JUST REDUCED $680,000! Currently 6-8% CAP RATE. Are you a developer? Check the zoning which allows you to build a 5-story 18 room hotel which is the absolute best use of this opportunity by combining the adjacent lot at 326 Oklahoma, also for sale. We have an architect already approved to help you! While you wait for that, discover a rare opportunity to own a luxury, fully renovated LEGAL triplex (4 BR / 4 Bath) located in the exclusive Resort Zone of Hollywood Beach, just steps from the ocean & world-famous Boardwalk. Completely remodeled in 2016, this turnkey property features three beautifully furnished units, each with private entrances, modern interiors, stainless steel appliances, & independent A/C, water, & electric meters. Currently operating as high-performing Airbnb vacation rentals, the property enjoys exceptional occupancy rates, making it ideal for investors seeking strong cash flow. Additional highlights include impact windows, a shared laundry facility, access to biking, kayaking, paddleboarding, boating. All furniture incl. Property is a fully operational STR for over 5 years. You're not just buying real estate, you're buying a business with an established repeat revenue stream that comes directly to you. Which means you don't need to pay fees to airbnb or other platforms. List of repeat tenants included in the price.
Property Features
County
Broward County
Section
12
Area
1700
Subdivision
HOLLYWOOD BEACH FIRST ADD
Interior
Cooling
Ceiling Fan(s), Central Air, Electric
Bedrooms
Floors
Ceramic Floor
Full Baths
Appliances
Heating
Central, Electric
Style
Detached
Garage Spaces
Construction/Exterior
Concrete Block Construction
Patio / Deck Description
Exterior
Has a Pool
Possession
Funding
Lot Size in Acres
Water
Sewer
Public Sewer
Lot Size in Sq. Ft.
0
Has Waterfront
Yes
Parking Description
View
Has Garage
No
Roof/Attic
Concrete, Other
Senior Community
No
Other Utilities
Property Type
Residential Income
Pets
Property SubType 2
Triplex
Tax Year
2024
Year Built
1941
Tax Amount
$20773
APN
NA
Square Feet Source
NA
Map
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