Address
323 Elm St Hollywood, FL
Price
$ 2,600,000
Property Attributes
  • MLS#A10804744
  • TypeCommercial
  • CountyBROWARD
  • CityHollywood
  • Area3010
  • Zip33019
  • StyleMultiFamily
  • Year Built1954
  • Taxes30161
  • Price$ 2,600,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage4876
  • Lot Size9,437 SqFt
Listing Provided Courtesy Of:
Marant & Associates Inc
Property Description

Literally steps from the beach this 8 unit building sits on 3 contiguous lots and is a prime location for redevelopment or a vacation rental concept. Property is located in the quiet secluded enclave that is Hollywoods North Beach. This enclave is going through a major redevelopement and Elm St on which the property is located has been mostly redeveloped. From this location one can access Surf Rd to the south which allows you to walk or bike to Hollywoods famed boardwalk and it's many restaraunts and entertainment venues. To the north is the Dania Beach Pier and the state park with it's boat ramps, nature trails, and pavillions. The longtime family owned property is being operated as an apartment building at 100% occ. All leases allow for a 60 day notice to vacate with change of ownership.

Price History
1/22/2020 Listed $2,700,000
5/13/2020 4% - $2,600,000
7/17/2020 8% - $2,400,000
9/1/2020 9% - $2,200,000

General Features

Building Name Riccardo Apartments
Cooling WallWindowUnits
Electric Item100AmpService
Flooring Terrazzo
Heating Other
Levels Two
MLS Area 3010
Parking Features Common
Property SubType MultiFamily
Property Type CommercialSale
Roof TarGravel
Sewer PublicSewer
Structure Type Apartment, HotelMotel
Terms Cash, Conventional
Waterfront Features OceanFront
Year Built Details Resale

Interior Features

Air Conditioning Y/N Yes

Exterior Features

Building Area Total 4876.0
Covered Spaces 0.0
Lot Size Area 9437.0
Lot Size Square Feet 9437.0
Number of Buildings 1
Number of Separate Electric Meters 8
Road Frontage Type CityStreet
Total Parking 12.0
Water Source Public
Waterfront Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 33019

Price
AVG $2.7M
$2.6M
Taxes
AVG $26,755
$30,161
Visits
AVG 73
115
Year Built
AVG 1977
1954
Walkscore
AVG 42
20
Data Provided by Walkscore ® not using MLS data

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