Home » Hollywood » 1008 N 22, Hollywood, FL 33020 | F10435207

Duplex Sold 1008 N 22, Hollywood, FL 33020

$475,000
closed for a price of $416,400

Property Highlights

Listing ID F10435207 Status of this Listing: Closed Sold Property Type Residential Income (Multifamily 2-4) Duplex Living Space 1,340 Sqft/124.49 m2 approx. Year Built 1955 Time of this property from published date until Closing Date 95 Days

1008 N 22, Hollywood, FL 33020

Property Description: PRICE REDUCTION!!! Amazing opportunity to purchase this income producing duplex with a 1/1 and a 1/1 currently at 4.75% CAP RATE, generating over 2,850 per month with a MASSIVE upside potential to be at 6.5% or greater. CITY APPROVED TO BUILD A 3RD UNIT IN THE REAR!! This property is well maintained, featuring a new roof that was installed 2023, New AC Units, and water heater. New floors in both units! Space in rear of property to build another unit for more income opportunities! Located only 1 Mile from downtown Hollywood, fine dining and shopping. 2 Miles from Hollywood Beach. Rents could increase with no updates needed! Tenant occupied, please do not disturb tenants.

Useful Info

Contingency:No Contingencies
Previous Asking Price:$479,000
Original List Price:$499,000
Close Price:$416,400
If Bank REO, Short Sale, As Is, etc.:
  • Listed As-is

Lease Details

Rent Includes:
  • Trash Collection
  • Gardener
  • Other

Land Lot (Parcel) Details

Lot Features:
  • < 1/4 Acre

Construction

Year Built Details:
  • Resale
Number of Units Total:2
Property Condition:
  • Resale
Levels:One
Construction Materials:
  • Block
Flooring:
  • Wood
  • Laminate
Stories:1

Property Features

Waterfront:No
Roof:
  • Shingle
  • Composition
Air Conditioning:Yes
Air Conditioning System:
  • Wall/window Unit(s)
  • Electric
Heating:Yes
Heating System:
  • Central

Taxes and Expenses

Tax Annual Amount:$6,873

Property Tax Notice for Buyers: Do not rely on the current property taxes paid by the seller, as your tax liabilities may increase following the sale. Transferring ownership or making improvements to the property often triggers tax reassessments, which could raise the amount you owe. If you have questions regarding property valuation, please contact the County Property Appraiser’s Office.

Tax Year:2023
Property Tax Status:Tax Reflects City & County Tax

Terms

Documents Available:
  • Other
Listing Terms Considered by Seller:
  • Cash
  • Conventional
  • Fha
  • Va Loan
Buyer Possession:
  • Closing & Funding
Buyer Financing:
  • Conventional
Lease Considered:No

Community

Subdivision Name:Hollywood Terrace 3-12 B
Community Features:
  • Non-gated
Senior Community:No
Development Name:Hollywood Terrace

Parking

Parking Total Spaces:4
Covered Spaces:0

Utilities

Sewer:
  • Public Sewer
Utilities Available:
  • Cable Not Available
Water Source:
  • Public

More Details

Other Information:
Data exchange original Listing NumberF10435207
Type of AssociationNone

Zoning and Legal

Tax Legal Description:HOLLYWOOD TERRACE 3-12 B LOT 3 N 15,4 BLK 2
Real Estate Folio Number (Parcel Number):514209030080
Zoning Description:RM-9
Public Survey Township:5142
Public Survey Section:9

Listing History

Update/EventDate/Days
Published Date:April 19, 2024 7:14 pm
On Market Date:April 18, 2024
Listing Contract Date:April 18, 2024
Contingent Date:June 12, 2024
Close Date:July 23, 2024
Price Change Date Time:May 16, 2024 3:59 pm
Last Important Update Description:Closed
Date and Time of Last Important Update:July 24, 2024 12:09 pm
Status Last Changed:July 24, 2024 12:09 pm
Photos Last Modified:April 19, 2024 11:26 pm
Last Modified:July 24, 2024 4:10 pm
Days on the Market Reference Date:July 24, 2024
Days on the Market (updated on Last Modified*):55
Cumulative Days on the Market (updated on Last Modified**):90

Additional Information

Lot Size Range:Less Than 1/4 Acre Lot,
Number of Photos:16
Location:,
Included:,,
Geographical Area:Hollywood East (3010-3050)
Area:3050
Automated Valuation Display:Yes
Courtesy of:EXP Realty LLC
Universal Property Id:US-12011-N-514209030080-R-N

Location

Show Property Address:Yes
Street Name:22
Street Number:1008
Street Direction Prefix:N
Street Address:1008 N 22
City : Hollywood
State : Florida
Zip Code : 33020
County : Broward County
Full Address:1008 N 22, Hollywood, FL 33020
Latitude:N26° 1' 11.9''
Longitude:W81° 50' 54.8''

Neighborhood

Postal City:Hollywood

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