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Priced at $699,900, this multifamily apartment building is situated at 1936 Washington St in Hollywood, Florida. The property is positioned within a well-established coastal market that benefits from the dense population and tourism-driven economy characteristic of the greater Miami-Fort Lauderdale metropolitan area. This region continues to experience steady demand for residential rental inventory, supported by consistent job growth and infrastructure connectivity. This apartment building presents a clear acquisition target for investors seeking a value-add project or an addition to an existing income-producing portfolio. The location offers accessibility to regional thoroughfares and serves as a viable option for tenants looking for proximity to the city center and the coastline. The asset is well-suited for long-term residential leasing strategies in a competitive submarket where rental housing remains in high demand.
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