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4 Fully Remodeled Units Near The Beach! 2432 Sherman St

4 Unit Block of Flats £773,843 (£193,461/Unit) Hollywood, FL 33020

Investment Highlights

  • Fully Remodeled 2022
  • Two 2 Bed 1 Bath + 2 Studios
  • Newer Roof
  • Located Near Hollywood Beach
  • Hurricane Impact Windows & Doors

Executive Summary

Don't Miss Out On This Amazing Fully Remodeled Hollywood 4Plex Near The Beach! Units Consist Of Two 2 Bedroom 1 Baths & Two Studios. Remodel Was Completed In 2022 Which Includes All Electric Panels, Roof, Hurricane Impact Windows, Insulation, Waterproof Vinyl Flooring, 2 Central A/C Units For The Two 2 Bedrooms 1 Bath Units & Spit Mini A/C's For the 2 Studio Apartments. All Kitchens Have Beautiful Wood Cabinets With Stainless Steel Appliance & Quartz Countertops. Building Has Washer/Dryer Hookups. Ideal For Adding Coin Operated Machines For Additional Income! Property Is Perfect For Owner Occupant, Investor Or Air BnB. Projected Annual Gross Income Is $88,800. Annual Expenses is $28,307. Expenses Include Taxes $16,327 Landscaping $600 Insurance $5,500 Water $1080 Electric $4,800.

Financial Summary (Pro forma - 2024) Click Here to Access

Annual Annual Per SF
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Pro forma - 2024) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Taxes
Annual $99,999
Annual Per SF $9.99
Operating Expenses
Annual $99,999
Annual Per SF $9.99
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual $99,999
Annual Per SF $9.99

Property Facts

Price £773,843
Price Per Unit £193,461
Sale Type Investment
No. Units 4
Property Type Residential
Property Subtype Apartment
Apartment Style Low Rise
Building Class B
Lot Size 0.15 AC
Building Size 2,016 SF
Average Occupancy 75%
Number of Floors 1
Year Built 1972

Unit Amenities

  • Air Conditioning
  • Cable Ready
  • Kitchen
  • Refrigerator
  • Oven
  • Range
  • Lawn

Unit Mix Information

Description No. Units Avg. Rent.Mo SF
2+1 2 £1,682 -
Studios 2 £1,095 -
Walk Score ®
Very Walkable (71)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
51-42-09-05-6510
Land Assessment
£47,416
Improvements Assessment
£532,199
Total Assessment
£579,616
Annual Taxes
-£1 (£0.00/sf)
Tax Year
2024

zoning

Zoning Code RM-9 (MULTIPLE FAMILY DISTRICT)
RM-9 (MULTIPLE FAMILY DISTRICT)
  • Listing ID: 31248651

  • Date on Market: 18/03/2024

  • Last Updated:

  • Address: 2432 Sherman St, Hollywood, FL 33020

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