About 1625 Cleveland Street
Prime East Hollywood Triplex. East of US-1. Corner Lot. Property includes Renovated 2-3/2 Apartments and 1-1/1 Apartment in one well maintained building. Each unit with tiled flooring, impact windows, updated kitchen cabinets with quartz countertops, and access to private front patios. Currently rented and licensed as a Short Term Vacation Rental. VR is generating an average between $9K-$12K Gross Income per month for both 3/2s and $1500 for the 1/1. Parking available for up to 7 cars. Great quiet Hollywood Lakes neighborhood. $133,513 PGI. $40,251 NOI. Owner Financing available. Mortgage Assumption available at 3% Interest Rate. Centrally located near beaches, parks, major highways, shops, and restaurants, ideal for maximizing rental income or long-term growth.
Features of 1625 Cleveland Street
| MLS® # | F10551991 |
|---|---|
| Price | $1,050,000 |
| Square Footage | 2,208 |
| Year Built | 1953 |
| Type | Residential Income |
| Sub-Type | Triplex |
| Status | Active |
Community Information
| Address | 1625 Cleveland Street |
|---|---|
| Area | 6100 - Palm City West/Indiantown |
| Subdivision | Poinsetta Park 8-35 B |
| City | Hollywood |
| County | Broward |
| State | FL |
| Zip Code | 33020 |
Amenities
| Utilities | Cable Available |
|---|---|
| Is Waterfront | No |
| Has Pool | No |
Interior
| Heating | Central, Electric, Heat Pump, Separate Meters |
|---|---|
| Cooling | Central Air |
| # of Stories | 1 |
Exterior
| Exterior Features | Balcony |
|---|---|
| Roof | Shingle, Wood |
| Construction | Block, CBS |
Additional Information
| Zoning | RM-12 |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Compass Florida, LLC |
|---|