2308 Jackson St 1-9 Hollywood, FL $ 2,195,000
2308 Jackson St 1-9
$ 2,195,000
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2308 Jackson St 1-9

Hollywood, FL, 33020
$ 2,195,000
Baths0.0 Sq 5,062

Monthly Estimate*

$ 15,333

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View a Virtual Tour
Studio

Commercial Property for sale in Hollywood, FL

for $2,195,000. This 5,062 square foot building was built in 1959 on a lot size of 0.459183.

We are pleased to present 2308 Jackson St, a turnkey 9-unit multifamily gem just 2 minutes away from Young Circle and downtown Hollywood. Fully renovated with care, this property offers eight 1-bed/1-bath units and one spacious 2-bed/1-bath unit, featuring new vinyl flooring, modern kitchens, impact windows and stylish bathrooms. Providing central air, assigned parking, and individual water and electric meters, it ensures low expenses and tenant convenience. Currently fully occupied, it generates over $185,000 annually, with potential for increased returns by aligning rents with market rates. A coin laundry room adds to its revenue stream. Sitting on a 20,000 sqft lot with DH-2 zoning, allowing up to 33 units, this property provides immediate returns with future potential for even more!

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Commercial Active

Price

$ 2,195,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 21,068

Style

MultiFamily

Lot Size

0.459183

Year Built

1959

Town/City

Hollywood

County/Region

Broward

MLS | Web ID

A11547673

Features
General
Sewer SepticTank
Heating Central Other
Cooling Other CentralAir
Possession ClosingFunding
Roof Other Shingle
Security Features SmokeDetectors
Construction Materials Block Other
Year Built 1959
Electric Other
Tenant Pays Electricity Water
Stories 1
Levels One
Unit Number 1-9
Property SubType MultiFamily
Tax Year 2023
County Broward County
New Construction N
Property Type CommercialSale
HOA / Comm Assn N
Attached Garage N
Garage Y/N N
Status Active
City Hollywood
Buyer Agent Compensation 2%
View Y/N N
Senior Community Y/N N
Zoning Description DH-2
Total Units 9
MLS Area 3050
Lot Size Square Feet 20002.0
Private Pool N
Waterfront Y/N N
Carport Y/N N
Street Name Jackson St
Listing Terms Assumable Cash Conventional Other
Property Attached Y/N N
Land Lease Y/N N
Tax Annual Amount 21068.0
Home Warranty Y/N N
Ok to Lease Item36Months
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11547673
Days on Market 2
Structure Type Apartment
Standard Status Active
Occupancy Description Tenant
Property Sub Type Additional MultiFamily
Legal Description HOLLYWOOD LITTLE RANCHES 1-26 B LOT 15 BLK 4
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Interior
Flooring Vinyl
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Window Features ImpactGlass
Fireplace Y/N N
Electric On Property Y/N N
Total Baths 0
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Exterior
Parking Features Assigned
Water Source Public
Total Parking 9.0
Lot Size Area 20002.0
Number of Buildings 1
Spa N
Building Area Total 5062.0
Lot Size Units SquareFeet
Covered Spaces 0.0
Number of Separate Electric Meters 9
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 2308
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* Excluded Features
List By
Fausto Commercial Realty Consultants Inc

Broker

elevi@faustocommercial.com

Email

Affordability Calculator

$17,088
Per Month
90%
10%
0%
Monthly Principal & Interest
$15,333
Monthly Property Taxes
$1,756
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
292769 Elementary School
292996 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/10/2024$2,195,000 Listed Price

Map


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2308 Jackson St 1-9, Hollywood, FL, 33020 is a Commercial Property for sale at $2,195,000 with 5,062 sqft and a lot size of 0.459183. 2308 Jackson St 1-9 is a studio with 0.0 baths and was built in 1959. The property's zip code is 33020 which is in Hollywood, FL