Property Description
RARE DOUBLE-LOT OPPORTUNITY JUST MINUTES FROM THE BEACH! Unlock the incredible potential of this one-of-a-kind property in highly desirable Hollywood. Situated on an oversized double lot and elevated above surrounding homes, this versatile property features a 3-bedroom, 2-bath main residence with an efficiency currently rented for $1,350/month, plus a detached 1-bedroom, 1-bath guest house with a mini kitchen currently rented for $1,300/month (below the estimated market rent of $1,500/month), TOTAL 4 BEDS 3 BATH. Together, the rental units generate approximately $2,700 per month, helping offset nearly 40% of the mortgage while offering excellent income potential, the 2-1 might be rented for $2800, total income potential income $5450. With 2,708 square feet under air, the property also includes a spacious backyard with a 10-foot-deep pool, alley access, and secure fenced parking for an RV, boat, or multiple vehicles. Ready for your personal updates, this home is being sold As-Is and is priced below its improved value, presenting an outstanding opportunity for investors, flippers, or buyers looking to build instant equity. Renovate while collecting rental income, maximize cash flow by leasing all units, or create your dream coastal estate. Additional features include a 2006 roof and a 2025 water heater. Opportunities to own a double-lot property this close to the beach are exceptionally rare—don’t miss your chance to receive inmmidiate income. Owner open for a subject to also.
Property Details
Listing Information
- MLS ID
- A12060528
- Listing Status
- Active
- Property Type
- Single Family Residence
- Bedrooms
- 4
- Bathrooms
- 3
- Living Area
- 2,708 sq ft
- Lot Size
- 13,522 sq ft
- Year Built
- 1949
- Community
- OAK RIDGE PARK
- County
- Broward
Property Features
- Appliances
- Dryer, Dishwasher
- Cooling
- Electric
- Heating
- Central, Electric
- Parking
- Circular Driveway, Driveway, Guest, Unpaved
- Waterfront
- False
- Lot Features
- Oversized Lot
- View
- Other
- Property Tax
- $5,516 (2025)
