5814 Cleveland St

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5814 Cleveland St

Hollywood, FL 33021
Asking Price
$689K
Asset Type
Apartment Building Multifamily
Class
Class B

AI Property Summary

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

  • Multifamily asset featuring two residential rental units.
  • Property located in the 33021 ZIP code of Hollywood.
  • Available for purchase at an asking price of $689,000.
  • Investment opportunity situated within the South Florida metropolitan region.
  • Apartment building configuration suitable for private real estate investors.

What's Special

This multifamily apartment building contains 2 units and is available for sale at 5814 Cleveland St in Hollywood, Florida. The property represents a straightforward residential investment opportunity within a dense, well-established community. Hollywood sits in the heart of South Florida, benefiting from a robust regional economy, a stable population base, and proximity to major transportation corridors that connect the northern and southern portions of the metro area. Assets of this size are well-suited for private investors looking to manage a small portfolio or enter the local rental market. Given its location in the 33021 ZIP code, the building provides access to a variety of neighborhood amenities and service-oriented businesses that support a consistent demand for housing. Prospective buyers can leverage this asset to capture steady rental income in a region known for its long-term residential appeal and ongoing market activity.

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NOI
$80,000
Cap Rate
11.61%
DSCR
1.96
Strong
Cash-on-Cash
18.91%
Monthly Payment
$3,408.796
Annual Cash Flow
$39,094.447

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