Overview
- Updated On:
- May 12, 2025
Description
Fausto Commercial proudly presents 206 S 15th Ave, a unique 6-unit multifamily property located on a corner lot in the sought-after Hollywood Lakes area of downtown Hollywood. The property consists of two buildings with a well-balanced unit mix: two 2-bed/1-bath units, three 1-bed/1-bath units, and one studio. Fully leased and featuring a coin-operated laundry room for added income, this asset is ideally positioned near restaurants, bars, shopping, and just minutes from the beach. Recent improvements, including a new roof and updated landscaping, enhance its appeal, with projected pro forma gross income expected to increase to $142,400 annually.
Address: 206 S 15th Ave, Hollywood FL 33020
City: Hollywood
Area: HOLLYWOOD
State/County: Broward County
Zip: 33020
Country: United States
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Property Id : 375826
Price: $ 1,700,000
ArchitecturalStyle: Detached
BuildingAreaTotal: 3686
BuildingAreaUnits: Square Feet
BuildingName: HOLLYWOOD
ConstructionMaterials: CBS Construction,Other
ContractStatusChangeDate: 2025-05-11
Cooling: Wall/Window Unit(s)
DaysOnMarket: 1
DocumentsAvailable: Other Available Information,Rent Rolls
Flooring: Other,Wood
Heating: Window/Wall
IDXParticipationYN: 1
InternetAddressDisplayYN: 1
InternetAutomatedValuationDisplayYN: 1
InternetConsumerCommentYN: 1
InternetEntireListingDisplayYN: 1
ListAOR: A-Miami Association of REALTORS
ListAgentDirectPhone: 954-743-7594
ListAgentEmail: elevi@faustocommercial.com
ListAgentFullName: Elior Levi
ListAgentKey: 1935ebadec8c69d7a6e4620d2dae77a8
ListAgentMlsId: 3574869
ListAgentOfficePhone: 954-743-7594
ListAgentStateLicense: 3574869
ListOfficeFax: 305-675-0365
ListOfficeKey: 7cfc112ff185580637392301ab94285c
ListOfficeMlsId: FAUS01
ListOfficeName: Fausto Commercial Realty Consultants Inc
ListOfficePhone: 954-743-7594
ListingAgreement: Exclusive Right To Sell
ListingContractDate: 2025-05-11
ListingId: A11800136
ListingKeyNumeric: 411267482
ListingTerms: All Cash,Conventional,Owner Will Carry
LivingAreaUnits: Square Feet
LotFeatures: Less Than 1/4 Acre Lot
LotSizeSquareFeet: 0
LotSizeUnits: Square Feet
MIAMIRE_Style: Fourplex
MIAMIRE_TypeofAssociation: None
Other Features
Has Cooling System
Has Heating System
$ 8,716.24
per month- Principal and Interest
- Property Tax
- HOA fee
$ 6,591.24
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