5901 N Ocean Dr
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5901 N Ocean Dr
4 Unit Apartment Building $1,300,000 ($325,000/Unit) 6.18% Cap Rate Hollywood, FL 33019
Investment Highlights
- 4 Plex
Executive Summary
AMAZING OPPORTUNITY TO BUY ON OF THE LAST BUILDING ON NORH HOLLYWOOD WITH FEW STEPS TO THE OCEAN AND ACCROSS THE STREET FROM THE INTERCOASTAL. IT IS LOCATED IN A BOOMING AREA WITH ALL BRANDS NEW CONDOS AND TOWNHOMES. CITY ALLOWS 4 STORY IN THIS AREA. BUILD YOUER DREAM INVESTEMENT.
Property Facts
| Price | $1,300,000 | Apartment Style | Garden |
| Price Per Unit | $325,000 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.08 AC |
| Cap Rate | 6.18% | Building Size | 2,292 SF |
| No. Units | 4 | No. Stories | 1 |
| Property Type | Multifamily | Year Built | 2000 |
| Property Subtype | Apartment |
| Price | $1,300,000 |
| Price Per Unit | $325,000 |
| Sale Type | Investment |
| Cap Rate | 6.18% |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 0.08 AC |
| Building Size | 2,292 SF |
| No. Stories | 1 |
| Year Built | 2000 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 4 | - | - |
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PROPERTY TAXES
| Parcel Number | 51-42-01-02-7390 | Improvements Assessment | $840,280 |
| Land Assessment | $146,970 | Total Assessment | $987,250 |
PROPERTY TAXES
Parcel Number
51-42-01-02-7390
Land Assessment
$146,970
Improvements Assessment
$840,280
Total Assessment
$987,250
zoning
| Zoning Code | GC (General Commercial) |
| GC (General Commercial) |
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5901 N Ocean Dr
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