1925 Harding St

Hollywood, FL, 33020

$5,200,000

$255 per ft²
$5,200,000
$255 per ft²
Sold
Sold
carpenters-square
20,390 ft²
property_type
Commercial
calendar
Built 1960
Labueux Apts are a portfolio of 10 bldgs|37 units - 2 SFR, three 3plexes, three 4plexes and two 5plexes located in Hollywood between US-1 & Dixie Hwy. north of Johnson St. 4 of the properties are contiguous. The neighborhood has a very strong rental community which consists of small to midsize apartment buildings along with single-family homes and condominium units. The average price/unit is $200,000+ for 2,3,& 4 Unit Properties. The subject property is rented on a weekly, biweekly and monthly basis. As such, electric, gas, water and trash are included in the rent structure. The opportunity can best be described as a value-add acquisition due to the below market rents and the upside following capital improvements with a list price of $147,000/unit. Download the OM or on agents website. all salient data can be found in the offering memorandum including income and expense on page 75
MLS® ID:
F10331571
Listed:
5/17/22
Updated:
2/4/23

Exterior/Building Features

Lot Size
7,644 ft² lot

Other Property Details

Area Name
3050
Taxes
$101861
Tax Frequency
per YEAR
Garage
No
Parking
N
View
N
County
Broward County
Pool
No
Buyer Agency Compensation
2.0%
Transaction Broker Compensation
2.0%

Property History

Date
Event
Price
Value
1/25/23
Sold
-
-
1/25/23
Price Change
$5,200,000
-3%
10/26/22
Pending
-
-

Courtesy of Media Realty, Peter Dacko,
Listing Contact: (954) 232-7714 

All listings featuring the BMLS logo are provided by Association of Palm Beaches. This information is not verified for authenticity or accuracy and is not guaranteed. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by MLS.

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Data last updated 1:37 AM UTC, 2/4/23

 

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