For Sale

2201 Greene St.

Hollywood, FL 33020

$2,150,000

Highlights

  • 4,617 SF building on a 4,658 SF lot
  • Built in 1962
  • Asking $466/SF

Property facts

Price
$2,150,000
Price per SF
$466/SF
Property type
Multi-family
Building size
4,617 SF
Lot size
4,658 SF
Year built
1962

About this property

2201 Greene Street is a fully renovated 9-unit multifamily property located in the heart of Hollywood, just minutes from Downtown Hollywood, major transportation corridors, and South Florida’s top amenities. The property features a desirable unit mix consisting of four 2-bedroom/1-bath units and five 1-bedroom/1-bath units, offering strong appeal within one of Broward County’s most active rental markets. Extensive renovations include new plumbing, updated electrical, new A/C systems, impact windows and doors, and fully remodeled interiors, creating a stable turnkey investment opportunity. The asset is currently operating at an attractive 7.27% going-in cap rate with additional long-term upside potential. The property also includes eight on-site parking spaces for tenant convenience. Ideally located approximately 5 minutes from Downtown Hollywood, 8 minutes from Fort Lauderdale-Hollywood International Airport, 10 minutes from the beach, and with easy access to Interstate 95, the property benefits from strong and consistent tenant demand driven by nearby employment centers, shopping, dining, and entertainment.

From the listing broker.

Location

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