1610 N Dixie Hwy # 48 #1-48

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1610 N Dixie Hwy # 48 #1-48

Hollywood, FL 33020
Asking Price
$4.75M
Asset Type
Apartment Building Mixed-use
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Mixed-use apartment building totaling 14,430 square feet of interior space
  • Priced for acquisition at a total of 4,750,000 dollars
  • Strategically situated along the North Dixie Highway corridor in Hollywood
  • Facility serves a growing population within the South Florida metro area
  • Asset location provides connectivity between the major markets of Miami and Fort Lauderdale

What's Special

This mixed-use apartment building spans 14,430 square feet and is situated at 1610 N Dixie Hwy in Hollywood, Florida. The asset provides a strategic footprint within a dynamic coastal market, benefiting from the steady economic activity and population growth characteristic of the South Florida region. Investors seeking to capitalize on the dense urban corridor will find this property well-positioned to serve local residential and commercial demands. Given the layout, the asset is suitable for operators looking to manage a multi-family portfolio or those interested in repurposing space to meet the evolving needs of the Hollywood submarket. Its proximity to major transit arteries provides convenient connectivity to both Miami and Fort Lauderdale, making it a viable selection for tenants requiring central access. The property represents a functional addition to a commercial real estate holding, offering flexible potential for future management or repositioning strategies in an established trade area.

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NOI
$80,000
Cap Rate
1.68%
DSCR
0.28
Underwater
Cash-on-Cash
-14.18%
Monthly Payment
$23,500.408
Annual Cash Flow
$-202,004.9

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