2219 Polk St #1A new Save Request In-Person Tour Request Virtual Tour
Hollywood,FL 33020
Key Details
Property Type Condo
Sub Type Condominium
Listing Status Active
Purchase Type For Sale
Square Footage 576 sqft
Price per Sqft $251
Subdivision Cypress Gardens Condomini
MLS Listing ID A11735346
Style Garden Apartment
Bedrooms 1
Full Baths 1
Construction Status Resale
HOA Fees $491/qua
HOA Y/N Yes
Year Built 1970
Annual Tax Amount $2,866
Tax Year 2024
Property Description
Investment property in Hollywood. IT CAN BE SOLD AS PART OF A PACKAGE ALONG WITH TWO ADDITIONAL FIRST-FLOOR, ONE-BED/ONE-BATHROOM UNITS WITHIN THE SAME COMPLEX. All three apartments are similar in design. This unit has a Section 8 tenant, paying $1,600. The apartment passed the Holywood Housing Annual Inspection in 09/2024. 2219 Polk St. #8A; ASKING $149,900 Vacant, upgraded and ready for rent at $1,600 p/month. 2225 Polk St. #8AW; ASKING $147,000. Occupied by a long-term tenant paying $1,475 p/month. No need to upgrade while tenants are in premises. Estimated Cap. Rates: 2219/1A: 6.8%, 2219/8A: 6.6%, 2225/8AW: 5.8%. This is an excellent investment opportunity in a fast growing area, just steps of Hollywood Blvd and circles, Dixie Hwy, I-95 and 10' drive to beaches.
Location
State FL
County Broward
Community Cypress Gardens Condomini
Area 3050
Interior
Interior Features Bedroom on Main Level,First Floor Entry
Heating None
Cooling Central Air
Flooring Tile
Appliance Electric Range,Refrigerator
Laundry Common Area
Exterior
Exterior Feature Other,Storm/Security Shutters
Garage Spaces 1.0
Pool Association
Amenities Available Laundry,Pool
View Garden
Garage Yes
Building
Architectural Style Garden Apartment
Structure Type Block
Construction Status Resale
Others
Pets Allowed No
HOA Fee Include Common Areas
Senior Community No
Tax ID 514216AB0010
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Special Listing Condition Listed As-Is
Pets Allowed No