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219 S 17th Ave

Hollywood, FL 33020, USA

List price

$3,000,000

Multi-unit house

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Story

🌟 **Luxury Meets Opportunity: Hollywood Haven with Immediate Returns! 🌴** Introducing a rare find in the heart of Hollywood, FL – a meticulously updated 10-unit paradise, offering an investment opportunity like no other. This turnkey gem requires ZERO CapEx, making it a hassle-free venture that promises immediate dividends. 🏠 **Key Features:** ✨ **No-Cost Elegance:** This property boasts a comprehensive update, sparing no expense to ensure a luxurious living experience for tenants. Enjoy the benefits of a modernized investment without the need for any additional capital expenditures. 💰 **Turnkey Triumph:** Unlock immediate returns with this investment, meticulously prepared for a seamless transition. This turnkey marvel guarantees a hassle-free start to your venture, promising dividends from day one. 🏡 **Strategic LTR Advantage:** Currently leased under market value as a long-term rental, this property is primed for a strategic shift. Tap into the immense potential by converting it into a short-term rental powerhouse. 🌴 **Hollywood Hotspot:** Located in the heart of Hollywood, this property is in close proximity to all attractions, offering tenants an unparalleled lifestyle. From pristine beaches to vibrant entertainment, it's a location that sells itself. 💼 **STR Zoning:** Seize the opportunity to capitalize on the booming short-term rental market. With the property already zoned for STR, you have the green light to transform it into a cash cow, maximizing your returns. 📈 **Double-Digit Returns:** With an impressive 80% occupancy rate, expect a double-digit CAP RATE and a stellar Cash on Cash return. Watch your investment thrive with high demand and consistent income. 🏦 **Smart Financing Options:** The current mortgage balance of $1,263,000 at a competitive rate of 4.25% presents an excellent opportunity. The seller is open to entertaining an LLC Buyout, providing you with flexible financing options. 🌟 **Act Now – Your Hollywood Success Awaits!** Don't miss out on this golden opportunity to own a property that effortlessly combines luxury, location, and lucrative returns. Contact us today to explore this Hollywood haven and embark on a journey to financial prosperity! https://www.offermarket.us/loans?ref=0eag0vkoycv8

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Property type

Multi-unit house

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