1936 Washington St

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1936 Washington St

Hollywood, FL 33020
Asking Price
$700K
Asset Type
Apartment Building Multifamily
Class
Class B

AI Property Summary

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

  • Multifamily apartment building available for sale in Hollywood, Florida.
  • The property is listed at an asking price of $699,900.
  • Located at 1936 Washington St within a dense coastal submarket.
  • Property sits in the active Miami-Fort Lauderdale metropolitan area.
  • Asset provides an entry point for residential investment strategies.

What's Special

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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NOI
$80,000
Cap Rate
11.43%
DSCR
1.93
Strong
Cash-on-Cash
18.31%
Monthly Payment
$3,462.723
Annual Cash Flow
$38,447.32

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