Jose Mesa Franco - Domi Real Estate Advisors Logo
$1,599,000
 $8,584 est/mo Sourced by Back At You

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Description

Excellent investment opportunity in Hollywood! 10-unit multifamily property consisting of six 1-bedroom/1-bath units and four studio units. Current projected gross income approximately $165,300 annually, including laundry income. Unit 6 is currently vacant, providing immediate upside potential. Five units fully renovated, three partially renovated, and two in original condition. Property operates as a 10-plex with seven electric meters. Corner lot of approximately 10,000 SF offers potential future redevelopment opportunities. Strong tenant demand area with convenient access to major highways, shopping, dining, and employment centers. Projected NOI approximately $106,684 with an estimated cap rate of 6.28% based on projected income and expenses. Buyer to verify all income, expenses, zoning, measurements, and redevelopment potential. Financials, rent roll, and leases available upon request.

Details

MLS #A12025025
Listing TypeFor Sale
Building NameRodman Courtyard Apartments
Sub-TypeResale
StatusActive
Year1959
Days On Site79
Listing Provided ByISRAM Realty & Management | Eyal Melamed

Features

SQ Feet4,471
Units10
Building(s)2
ZoningS-MU
Acreage10602.00

Parking

Parking FeaturesAssigned

Taxes

Tax Annual Amount21434

Area Information

StateFL
CountyBroward
CityHollywood
Zip Code33023
Area3080
SubareaHollywood Central (3070 3100)
Listing VS Median (in 33023)
Price:
$1,599,000
low | high
Med:
$199,000
100% of Average
sqft:
4,471
low | high
Med:
875
100% of Average
$ / sqft:
$358
low | high
Med:
$227
86.408183686232% of Average
On site:
79
low | high
Med:
414
19.082125603865% of Average
Sourced by Back At You

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Learn More About This Property

Jose Mesa Franco

Jose Mesa Franco

DoMi Real Estate Advisors

SL3578526Licensed Real Estate Salesperson (305) 492-9670jose@domirealestate.com
StateFL
CountyBroward
CityHollywood
Zip Code33023
Area3080
SubareaHollywood Central (3070 3100)
Listing VS Median (in 33023)
Price:
$1,599,000
low | high
Med:
$199,000
100% of Average
sqft:
4,471
low | high
Med:
875
100% of Average
$ / sqft:
$358
low | high
Med:
$227
86.408183686232% of Average
On site:
79
low | high
Med:
414
19.082125603865% of Average
Sourced by Back At You
Listing Updated: July 28, 2026 at 9:11:50 AM PDT

Jose Mesa Franco - Domi Real Estate Advisors