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17 1/1/ Condo's portfolio with 3 houses 1770 Plunkett St
18 Room Serviced Apartment Hollywood, FL 33020 $7,100,000 ($394,444/Room)
Investment Highlights
- Portfolio of 18 units and 3 houses
- Turn-key hospitality property in Hollywood, Florida
- Minutes from I-95, Fort Lauderdale International Airport, and Hollywood Beach
Executive Summary
This turn-key asset is fully equipped and furnished and ready for immediate operation. Alternatively, an investor may opt to optimize the density and build vertically due to the FH-2 zoning. Sale includes 1 building, duplex and 2 single family houses, as they operate as one or could be operated independently. Great CAP return per year. Sale includes the business and the real estate. Please do not disturb staff or guests with questions. Contact agent for all questions and appointments.
Financial Summary (Actual - 2023) Click Here to Access |
Annual | Annual Per SF |
---|---|---|
Gross Rental Income | $99,999 | $9.99 |
Other Income | - | - |
Vacancy Loss | - | - |
Effective Gross Income | $99,999 | $9.99 |
Taxes | - | - |
Operating Expenses | - | - |
Total Expenses | $99,999 | $9.99 |
Net Operating Income | $99,999 | $9.99 |
Financial Summary (Actual - 2023) Click Here to Access
Gross Rental Income | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Other Income | |
---|---|
Annual | - |
Annual Per SF | - |
Vacancy Loss | |
---|---|
Annual | - |
Annual Per SF | - |
Effective Gross Income | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Taxes | |
---|---|
Annual | - |
Annual Per SF | - |
Operating Expenses | |
---|---|
Annual | - |
Annual Per SF | - |
Total Expenses | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Net Operating Income | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Property Facts
Amenities
- Pool
- Shuttle Service
- High Speed Internet Access
- Public Access Wifi
- Smoke-Free
- Fully-Equipped Kitchen
About 1770 Plunkett St , Hollywood, FL 33020
Features Units: 18 well-maintained 1/1 units perfect for long-term rentals. Houses: 3 spacious 2/2 houses located behind the main building. Location Benefits: Proximity to the beach (5 minutes away). Centrally located between two major cities, Fort Lauderdale and Miami. Surrounded by essential amenities including restaurants, shops, and public transportation. Investment Highlights Income Potential: This property represents an excellent investment opportunity with a projected rent roll that could significantly boost your income. Prime Location: The highly desirable location ensures consistent demand and high occupancy rates. Long-Term Stability: The property is well-run with a strong track record of long-term rental success. Additional Information Condition: The property is in excellent condition, requiring minimal maintenance. Potential Uses: Ideal for investors looking to expand their portfolio with reliable, long-term rental units. Contact Information
Room Mix Information
Description | No. Rooms | Daily Rate | SF |
---|---|---|---|
Suite | 18 | $111.00 | - |
zoning
Zoning Code | FH-2 |
FH-2 |
Presented by
17 1/1/ Condo's portfolio with 3 houses | 1770 Plunkett St
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