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Eddy Sua

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$ 525,000

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1629 Mayo St Hollywood, FL 33020

1,671 SqFt

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Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,671 sqft

Price per Sqft $314

Subdivision Hollywood South Side Add

MLS Listing ID F10527399

Style Duplex

Construction Status Resale

Year Built 1964

Annual Tax Amount $5,030

Tax Year 2024

Property Sub-Type Duplex

Property Description

Most aggressively priced duplex in East Hollywood—just 2 blocks east of Federal Hwy and minutes from Downtown and the Beach. This is a true value-add opportunity for investors seeking a fix & flip or long-term hold. The duplex consists of a vacant Studio which has received updating, an owner-occupied 2/1 in original condition, and a 1/1 currently rented at $1,500/month on a flexible month-to-month basis with some updating. With unit updates, the property is poised for significant rent upside and appreciation in a rapidly improving neighborhood. Surrounding area benefits from strong rental demand, ongoing redevelopment, and favorable sales comps. Please review the offer memorandum for neighborhood trends, lease analysis and sales grids.

Location

State FL

County Broward County

Area Hollywood East (3010-3050)

Zoning RS-6

Interior

Heating Central Heat, Window/Wall

Cooling Central Cooling, Wall/Window Unit Cooling

Flooring Ceramic Floor

Exterior

Roof Type Composition Roll

Building

Lot Description Less Than 1/4 Acre Lot

Story 1.0000

Foundation Concrete Block Construction

Sewer Municipal Sewer

Construction Status Resale

Others

Acceptable Financing Cash, Conventional, FHA

Listing Terms Cash, Conventional, FHA

Virtual Tour https://www.propertypanorama.com/1629-Mayo-St-Hollywood-FL-33020/unbranded

Listed by Media Realty

Eddy Sua

Broker | License ID: 3246138

+1(561) 213-7653

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