1625 Cleveland Street, Hollywood, FL 33020
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  • MLS#: F10551991 ( Residential Income )
  • Street Address: 1625 Cleveland Street
  • Viewed: 3
  • Price: $1,050,000
  • Price sqft: $424
  • Waterfront: No
  • Year Built: 1953
  • Bldg sqft: 2475
  • Days On Market: 44
  • Additional Information
  • Geolocation: 26 / -80
  • County: Broward
  • City: Hollywood
  • Zipcode: 33020
  • Subdivision: Poinsetta Park 8 35 B
  • Elementary School: Hollywood Central
  • Middle School: Olsen
  • High School: South Broward
  • Provided by: Compass Florida, LLC
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  • Description
    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. 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.
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Features
Building and Construction
  • Exterior Features: Storage
  • Flooring: Ceramic Tile
  • Roof: Shingle, Wood
School Information
  • High School: South Broward
  • Middle School: Olsen
  • School Elementary: Hollywood Central
Eco-Communities
  • Water Source: Public
Utilities
  • Cooling: Central Air
  • Heating: Separate Meters, Central, Electric, Heat Pump
  • Pets Allowed: Yes, No Restrictions
  • Road Frontage Type: East of US-1
  • Sewer: Public Sewer
  • Utilities: Cable Available
Finance and Tax Information
  • Tax Year: 2024
Rental Information
  • Tenant Pays: None
Other Features
  • Legal Description: POINSETTA PARK 8-35 B LOT 12 S 70 OF W 19.44, 13 S 70, 14 S 70 BLK 1
  • Parcel Number: 514210200100
  • Zoning Code: RM-12