2324 Garfield St Hollywood, FL 33020
North Central Hollywood NeighborhoodEstimated payment $7,555/month
Highlights
- New Construction
- High Impact Windows
- Vinyl Flooring
- No HOA
- Central Heating and Cooling System
About This Home
This brand new, fully leased fourplex in the heart of Hollywood is an investor's dream. Only one year old this property will be very low maintenance for many, many years. Units earn between $2,160 and $2,260 each, meaning this could make you a passive $10,000 without lifting a finger. In a quiet, peaceful, suburban area between Miami and Ft. Lauderdale there will always be high demand for rentals just like this. The building has 6 parking spaces, all marked so you can assign them as you see fit. Do not miss the opportunity to own a cash cow in South Florida!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,142
Year Built
- Built in 2024 | New Construction
Parking
- 6 Parking Spaces
Home Design
- Quadruplex
- Shingle Roof
Interior Spaces
- 3,000 Sq Ft Home
- 2-Story Property
- Vinyl Flooring
- High Impact Windows
Utilities
- Central Heating and Cooling System
- Septic Tank
Community Details
- No Home Owners Association
- 4 Units
- Hollywood Terrace Condos
- Hollywood Terrace Subdivision
Listing and Financial Details
- Assessor Parcel Number 514209030600
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $3,142 | $939,570 | $240,000 | $699,570 |
| 2024 | $3,106 | $150,000 | $150,000 | -- |
| 2023 | $3,106 | $145,200 | $0 | $0 |
| 2022 | $2,991 | $132,000 | $0 | $0 |
| 2021 | $2,508 | $120,000 | $120,000 | $0 |
| 2020 | $1,888 | $90,000 | $90,000 | $0 |
| 2019 | $1,913 | $90,000 | $90,000 | $0 |
| 2018 | $1,436 | $135,000 | $135,000 | $0 |
| 2017 | $1,109 | $36,300 | $0 | $0 |
| 2016 | $788 | $33,000 | $0 | $0 |
| 2015 | $654 | $30,000 | $0 | $0 |
| 2014 | $662 | $30,000 | $0 | $0 |
| 2013 | -- | $30,000 | $30,000 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/26/2025 08/26/25 | For Sale | $1,349,000 | -- | $450 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | -- | |
| Warranty Deed | $270,000 | National Title & Trust Inc | |
| Warranty Deed | $100,000 | National Title & Trust Inc | |
| Warranty Deed | $40,000 | Independence Title Inc | |
| Quit Claim Deed | -- | None Available | |
| Quit Claim Deed | -- | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $580,000 | New Conventional |
Source: MIAMI REALTORS® MLS
MLS Number: A11865923
APN: 51-42-09-03-0600
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