1512 N 23rd Ave

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1512 N 23rd Ave

Hollywood, FL 33020
Asking Price
Contact for price
Asset Type
Apartment Building Multifamily
Class
Class B

AI Property Summary

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

  • Located at 1512 N 23rd Ave in Hollywood
  • Multifamily asset featuring two individual apartment units
  • Positioned within the established Broward County housing market
  • Suitable for long-term residential investment strategies
  • Provides access to major South Florida transit corridors

What's Special

This multifamily apartment building at 1512 N 23rd Ave in Hollywood, Florida, consists of two units. Situated in a well-established submarket within Broward County, the property provides proximity to major regional transit corridors and the diverse economic landscape of the South Florida coastal metro area. The asset serves as a functional investment for buyers seeking a small-scale residential holding in a densely populated urban environment. Its location offers accessibility to local employment centers and essential services, making it a practical choice for workforce housing or long-term rental income strategies. Investors often prioritize properties of this scale in Hollywood due to the sustained demand for diverse housing inventory across the tri-county region. The building layout supports straightforward management for either individual owners or professional management firms looking to expand their footprint in a historically stable rental market.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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