$357,500
SOLD OCT 29, 2024
-- Bed
-- Bath
1,364 Sq Ft
7,492 Sq Ft Lot

Recently Sold

$262 Per Sq Ft

6% Below List Price

58 Days on Market

Highlights

  • Wood Flooring
  • Cooling Available
  • Heating Available
  • No HOA
  • Wood Siding
  • 1-Story Property

About This Home

As of October 2024

Incredible investment opportunity awaits in Hollywood! Get this Duplex (2/1 each unit) in oversized 7,500+ SF lot, finish the renovation and start collecting rent or sell as an investment unit in a hot area with strong comparables in the $650k-$700k range. New impact doors/windows already installed & new partial shingle roof installed (buyer to assume open permits). This is a great opportunity for the seasoned investor, rehabber or contractor looking for an investment opportunity with tons of equity, close to Young Circle and Downtown Hollywood, plenty of shopping and dining options. Appliances not included.

Last Agent to Sell the Property

Leandro Furest

MMLS Assoc.-Inactive Member License #3510975 Listed on: 09/01/2024

MMLS Assoc.-Inactive Member

Last Buyer's Agent

Kristen Martinez

Florida Century Real Estate Corp License #3289199

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,073

Year Built

  • Built in 1945

Parking

  • 2 Parking Spaces

Home Design

  • Duplex
  • Frame Construction
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 1,364 Sq Ft Home
  • 1-Story Property
  • Wood Flooring

Utilities

  • Cooling Available
  • Heating Available
  • Septic Tank

Community Details

  • No Home Owners Association
  • 2 Units
  • Hollywood Terrace Condos
  • Hollywood Terrace Subdivision

Listing and Financial Details

  • Assessor Parcel Number 514209031250

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,073

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1945
  • Property Sub Type: Duplex
  • Architectural Style: Attached
  • Directions: Use GPS
  • Horses: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Duplex
  • Subdivision Name: HOLLYWOOD TERRACE
  • Year Built Details: Effective Year Built
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Wood
  • Living Area: 1364
  • Possible Use: Investment
  • Stories: 1

Exterior Features

  • Roof: Shingle
  • Construction Type: Frame, Wood Siding
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: HOLLYWOOD TERRACE
  • Total Parking Spaces: 2

Utilities

  • Sewer: Septic Tank
  • Cooling: Electric
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 514209031250
  • Zoning: RM-9
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 6073

Multi Family

  • Number Of Units In Community: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 1, 2024
Closed on
Oct 28, 2024
Sold by
Novus Real Estate 7 Llc
Bought by
Handy Kings Llc
Seller's Agent
Leandro Furest
MMLS Assoc.-Inactive Member
Buyer's Agent
Kristen Martinez
Florida Century Real Estate Corp
List Price
$379,900
Sold Price
$357,500
Premium/Discount to List
-$22,400
-5.9%
Views
25
Current Estimated Value
$605,837

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$248,337
Avg. Annual Appreciation
82.10%
Original Mortgage
$385,900
Interest Rate
6.32%
Mortgage Type
Construction

Purchase Details

Closed on
Oct 18, 2022
Sold by
Garfield Nad Friends Vsio Llc
Bought by
Novus Real Estate 7 Llc

Purchase Details

Closed on
Mar 18, 2021
Sold by
Gavco Solutions Llc
Bought by
Garfield Nad Friends Vsio Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,000
Interest Rate
2.73%
Mortgage Type
Commercial

Purchase Details

Listed on
Sep 4, 2020
Closed on
Nov 4, 2020
Sold by
Mcclintock Mary Ann and Estate Of Judith Ann Snellman
Bought by
Nailed It Fl Llc
Seller's Agent
Carlos Montoya
Fidelity Real Estate Group LLC
Buyer's Agent
Natasha Q Realtor
Fidelity Real Estate Group LLC
List Price
$275,000
Sold Price
$235,000
Premium/Discount to List
-$40,000
-14.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.12%
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $357,500 None Listed On Document
Warranty Deed $357,500 None Listed On Document
Warranty Deed $288,400 --
Quit Claim Deed -- Attorney
Warranty Deed $257,500 Attorney
Personal Reps Deed -- Attorney
Warranty Deed $235,000 Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $385,900 Construction
Previous Owner $245,000 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/29/2024 10/29/24 Sold $357,500 -4.9% $262 / Sq Ft
09/19/2024 09/19/24 Price Changed $375,900 -1.1% $276 / Sq Ft
09/01/2024 09/01/24 For Sale $379,900 +61.7% $279 / Sq Ft
12/21/2020 12/21/20 Sold $235,000 -14.5% $189 / Sq Ft
11/21/2020 11/21/20 Pending -- -- --
09/04/2020 09/04/20 For Sale $275,000 -- $222 / Sq Ft
Source: MIAMI REALTORS® MLS

Tax History Compared to Growth

Source: Public Records

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 $6,842 $327,360 $67,500 $259,860
2024 $6,073 $311,380 $67,500 $189,850
2023 $6,073 $257,350 $67,500 $189,850
2022 $5,535 $237,140 $67,500 $169,640
2021 $5,079 $214,400 $67,500 $146,900
2020 $1,339 $78,910 $0 $0
2019 $1,315 $77,140 $0 $0
2018 $1,263 $75,710 $0 $0
2017 $1,124 $74,160 $0 $0
2016 $1,133 $72,640 $0 $0
2015 $1,124 $72,140 $0 $0
2014 $1,130 $71,570 $0 $0
2013 -- $70,520 $15,000 $55,520
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11651532

MIAMI REALTORS® MLS

APN: 51-42-09-03-1250