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$1,599,000 -$100,000 (-5.89%) Price Reduced
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Property Description
Excellent investment opportunity in Hollywood! 10-unit multifamily property consisting of six 1-bedroom/1-bath units and four studio units. Current projected gross income approximately $165,300 annually, including laundry income. Unit 6 is currently vacant, providing immediate upside potential. Five units fully renovated, three partially renovated, and two in original condition. Property operates as a 10-plex with seven electric meters. Corner lot of approximately 10,000 SF offers potential future redevelopment opportunities. Strong tenant demand area with convenient access to major highways, shopping, dining, and employment centers. Projected NOI approximately $106,684 with an estimated cap rate of 6.28% based on projected income and expenses. Buyer to verify all income, expenses, zoning, measurements, and redevelopment potential. Financials, rent roll, and leases available upon request.
Full Property Details
Full Property Details for MLS# A12025025
General
- Price: $1,599,000
- Taxes: $21,434
- Status: Active
- Type: Commercial Multi-Family
- Source: Greater_Miami
- MLS ID: A12025025
- Updated: 7/20/2026
- Added to Site: 49 day(s) ago
Additional Information
- Security/Safety: Security Fence
Parking
- Total Spaces: 11
- Parking Features: Assigned
Location
- County: Broward County
- Building Name: Rodman Courtyard Apartments
Community
- Units Assoc/Comm: 10
Structural Information
- # Buildings: 2
- Structure Type: Free Standing
- Detached/Attached: Detached
- Construction: Concrete Block Construction
- Building Size: 4471
- Current Bldg. Use: Income Non-Waterfront
- Year Built: 1959
Unit Information
- Units in Complex: 10
Lot Features
- Lot Size (Sq. Ft.): 10,602
- Zoning: S-MU
Financial Considerations
- Tax Amount: $21,434
- Terms: All Cash, Conventional/Refinance
Disclosures and Reports
- Special Conditions: Sale
- Documents Avail.: Copy Of Lease(S), Other Available Information, Photos, Rent Rolls, Site Plans
- Legal Description: BEVERLY PARK 25-44 B LOT 14, 15 BLK 4
- Inclusions: Building & Land
- Property ID: 514124140770
Listed by ISRAM Realty & Management
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Price & Sales History for MLS# A12025025
Date
Details
Price
Change
Source
7/20/2026
Price Reduced
$1,599,000
-5.89%
MLS
6/02/2026
Listed
$1,699,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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Estimate the Cost for MLS# A12025025
MLS# A12025025, Hollywood, FL 33023 (MLS# A12025025) is a Commercial Multi-Family property. MLS# A12025025 is currently listed for $1,599,000 and was received on June 02, 2026. Want to learn more about MLS# A12025025? Do you have questions about finding other Commercial Multi-Family real estate for sale in Hollywood? You can browse all Hollywood real estate or contact a Coldwell Banker agent to request more information.

