4 Unit Building | 332 Georgia St
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
4 Unit Building 332 Georgia St
4 Unit Apartment Building $1,499,000 ($374,750/Unit) 5.83% Cap Rate Hollywood, FL 33019
Investment Highlights
- Available access to public transportation and main highway S Ocean Drive
- Multiple hospitality venue available within walking distance
- Less than a block away from the water front
- Eight miles from Fort Lauderdale-Hollywood Airport
Executive Summary
LOCATION!!! 4-plex building 1 block from the beach, steps from Hollywood board walk. Updated interior, impact windows, roof - 7 year old, new electrical, 4 separate electric meters. Two 1 bedroom 1 bath + Two studios, fully furnished and currently operating as short term rental business through AIRBNB and Booking.com platforms all year around with 90% occupancy rate. CAP rate shown based on long term rental numbers. Recently painted exterior and very well kept. DO NOT BOTHER TENANTS! PROOF OF FUND REQUIRED BEFORE SUBMITTING AN OFFER AND SHOWING THE PROPERTY. SELLER FINANCING AVAILABLE WITH UP TO 60% LTV AT VERY COMPETITIVE INTEREST ONLY RATE!!!
Financial Summary (Actual - 2023) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$120,000
|
$54.10
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$120,000
|
$54.10
|
| Taxes |
$18,553
|
$8.36
|
| Operating Expenses |
$14,046
|
$6.33
|
| Total Expenses |
$32,599
|
$14.70
|
| Net Operating Income |
$87,401
|
$39.41
|
Financial Summary (Actual - 2023)
| Gross Rental Income | |
|---|---|
| Annual | $120,000 |
| Annual Per SF | $54.10 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $120,000 |
| Annual Per SF | $54.10 |
| Taxes | |
|---|---|
| Annual | $18,553 |
| Annual Per SF | $8.36 |
| Operating Expenses | |
|---|---|
| Annual | $14,046 |
| Annual Per SF | $6.33 |
| Total Expenses | |
|---|---|
| Annual | $32,599 |
| Annual Per SF | $14.70 |
| Net Operating Income | |
|---|---|
| Annual | $87,401 |
| Annual Per SF | $39.41 |
Property Facts
Unit Amenities
- Air Conditioning
- Kitchen
- Refrigerator
- Tub/Shower
Site Amenities
- Fenced Lot
- Laundry Facilities
- Grill
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 2 | $2,750 | 600 - 700 |
| Studios | 2 | $1,800 | 400 - 500 |
Bike Score ®
Very Bikeable (70)
PROPERTY TAXES
| Parcel Number | 51-42-13-01-3780 | Total Assessment | $882,840 (2024) |
| Land Assessment | $0 (2024) | Annual Taxes | $18,553 ($8.36/SF) |
| Improvements Assessment | $0 (2024) | Tax Year | 2023 |
PROPERTY TAXES
Parcel Number
51-42-13-01-3780
Land Assessment
$0 (2024)
Improvements Assessment
$0 (2024)
Total Assessment
$882,840 (2024)
Annual Taxes
$18,553 ($8.36/SF)
Tax Year
2023
zoning
| Zoning Code | BRT-25-R (Property Use: Use Code: 08 / MULTIFAMILY 2-9 UNITS Land Use: Multifamily 2-9 Units (08) Zoning: BRT-25-R) |
| BRT-25-R (Property Use: Use Code: 08 / MULTIFAMILY 2-9 UNITS Land Use: Multifamily 2-9 Units (08) Zoning: BRT-25-R) |
1 of 40
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
Alfa Prime Group LLC
4 Unit Building | 332 Georgia St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.