$250,000
$550,000
54.5%For more information regarding the value of a property, please contact us for a free consultation.
0.31 Acres Lot
SOLD DATE : 11/09/2018
Key Details
Sold Price $250,000
Property Type Vacant Land
Sub Type Residential
Listing Status Sold
Purchase Type For Sale
Subdivision Hollywood Lakes
MLS Listing ID H10481156
Sold Date 11/09/18
HOA Y/N No
Total Fin. Sqft 13606
Annual Tax Amount $13,872
Tax Year 2017
Lot Size 0.312 Acres
Property Sub-Type Residential
Property Description
The property no longer meets the Highest and Best use. It consists of 2 structures totaling 4830 ft.² on a lot containing 13,606 ft.² and is located 2 blocks west of the intracoastal making this an extremely unique property. The unit mix on the subject property consists of three 2 bedroom apartments & three one bedroom apartments. The property was constructed in 1924 NOTE, there are various open code violations which have turned into a lien in excess of $500,000 which we believe can be mitigated to 10%-15% of its face value. Please take this as well as the cost to raze into consideration when making an offer. For additional info, view or download the Offering Memorandum.
Location
State FL
County Broward County
Area Hollywood East (3010-3050)
Zoning RS-6
Exterior
Water Access N
Private Pool No
Others
Pets Allowed No
Acceptable Financing Cash Only
Listing Terms Cash Only
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Bought with Media Realty
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