340 Jackson St - Apartments FOR SALE


Hollywood, FL 33019- Hollywood Beach-Quadoman
$4,800,000 USD
925-788-3735
340 Jackson St, Hollywood, FL for Sale
$4,800,000 USD
Apartments - FOR SALE
1/11
null | 3.41% Cap Rate

340 Jackson St
Hollywood, FL 33019
Hollywood Beach-Quadoman


HIGHLIGHTS

  • Prime beach location, annual leases + 4 Lots + development opportunity

OVERVIEW

Steps to the beach and boardwalk, beautiful Art Deco architecture, long term tenants, on 4 parcels in a prime Hollywood Beach location. Incredible opportunity for developer to enjoy cash flow while planning a redevelopment project. This is one of the only properties in Hollywood Beach that is being operated with long term leases. Extra large units with full kitchens. Buyer can operate as short term rentals like neighboring properties for potential double digit cap rate. BRT-25 zoning. This is an ideal opportunity for an investor that wants to enjoy easy management and cash flow while planning the optimal development opportunity.? Well maintained property with tremendous upside, priced at less than $550 per foot.?

FOR SALE DETAILS

PRICE

$4,800,000 USD

PRICE/SF

$549 USD /SF

# OF UNITS

16

PRICE/UNIT

$300,000

CAP RATE

3.41%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1951

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.24 AC

LAND SF

10,454 SF

ZONING

BRT-25

APN/PARCEL ID

51-42-13-01-3010

ASK ABOUT THIS PROPERTY

Eva MalkiNew Connection Real EstateMore Info
925-788-3735

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Eva MalkiNew Connection Real EstateMore Info
925-788-3735

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.