1218 N 24th Ave, Hollywood, FL 33020

Duplex · Active

$559,000

1218 N 24th Ave, Hollywood, FL 33020 — MLS photo

Miami Foreclosures

1218 N 24th Ave, Hollywood, FL 33020

Bedrooms
—
Bathrooms
0
Interior
1,814 sq ft
Price / sq ft
$308/sq ft
Built
1967
Lot
—

The residence

Excellent Investment Opportunity! Stunning Corner Duplex with Income Potential! Beautifully upgraded corner duplex offering an excellent opportunity for investors or owner-occupants seeking additional rental income. The property features two well-appointed units: a fully furnished and equipped 1-bedroom unit and a spacious 2-bedroom unit. Both offer stylish interiors, open-concept living areas, and beautifully designed kitchens with stainless steel appliances. The 1-bedroom unit is currently rented month-to-month for $1,950 per month, providing immediate rental income. The spacious 2-bedroom unit is vacant and offers an estimated rental potential of $3,100 per month, bringing the property's potential combined monthly rental income to $5,050. Conveniently located near schools, parks, beaches, and shopping, this property combines modern upgrades, flexibility, and excellent income-producing potential. Whether you're looking to expand your investment portfolio or live in one unit while generating rental income from the other, this duplex offers a great opportunity. Don't miss out! Schedule your private showing!

Property location

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1218 N 24th Ave, Hollywood, FL 33020

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Facts & features

Interior

Bathrooms
0
Living area
1,814 sq ft
Flooring
Concrete, Hardwood, Tile, Wood
Cooling
Central Air
Heating
Central

Exterior & Structure

Property type
Duplex
Year built
1967
Roof
Shingle
Construction
Frame, Stucco
Exterior features
Fence, Shed
Pool
None

Parking

Covered spaces
0

HOA, Community & Financials

Annual tax
$8,748
Subdivision
HOLLYWOOD TERRACE AMEN PL
County
Broward
Days on market
0
MLS listing ID
A12122632
Listing status
Active

Investment intelligence

Yield & ROI calculator

Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.

Estimated monthly cash flow

$617

Cap rate
7.0%
Net yield
7.0%
Cash-on-cash return
4.7%
Gross yield
10.3%
Mortgage payment
$2,650/mo
Down payment
$139,750
Loan amount
$419,250
Annual NOI
$39,201

Estimates only — includes 5 % maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.

Get More Info About This Property

1218 N 24th Ave, Hollywood, FL 33020