1629 Mayo St new Save Request In-Person Tour Request Virtual Tour
Hollywood,FL 33020
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 1,671 sqft
Price per Sqft $314
Subdivision Hollywood South Side Add
MLS Listing ID F10527399
Style Duplex
Year Built 1964
Annual Tax Amount $5,030
Tax Year 2024
Property Sub-Type Duplex
Property Description
Most aggressively priced duplex in East Hollywood—just 2 blocks east of Federal Hwy and minutes from Downtown and the Beach. This is a true value-add opportunity for investors seeking a fix & flip or long-term hold. The duplex consists of a vacant Studio which has received updating, an owner-occupied 2/1 in original condition, and a 1/1 currently rented at $1,500/month on a flexible month-to-month basis with some updating. With unit updates, the property is poised for significant rent upside and appreciation in a rapidly improving neighborhood. Surrounding area benefits from strong rental demand, ongoing redevelopment, and favorable sales comps. Please review the offer memorandum for neighborhood trends, lease analysis and sales grids.
Location
State FL
County Broward County
Area Hollywood East (3010-3050)
Zoning RS-6
Interior
Heating Central Heat,Window/Wall
Cooling Central Cooling,Wall/Window Unit Cooling
Flooring Ceramic Floor
Exterior
Roof Type Composition Roll
Building
Lot Description Less Than 1/4 Acre Lot
Story 1.0000
Foundation Concrete Block Construction
Sewer Municipal Sewer
Others
Acceptable Financing Cash,Conventional,FHA
Listing Terms Cash,Conventional,FHA
Virtual Tour https://www.propertypanorama.com/1629-Mayo-St-Hollywood-FL-33020/unbranded