$3,999,999
Hollywood, FL 33019
MLS# A12123802
5857 sqft
1 / 15
Property Description
Twelve apartments, ten steps from the Atlantic. Newly priced at $3.99M, or $333K per door. That is below every comparable building on Hollywood Beach.The building is gated and renovated, and sits on the Hollywood Beach Broadwalk, which Travel + Leisure named among America's best. There are twelve 1/1 apartments, each with a full kitchen, split A/C and impact windows. New Spanish tile roof, updated plumbing and electrical, and a tropical courtyard with BBQ and laundry.It is fully leased, with $264K gross rent and $175K NOI (a 4.4% cap in place). Eleven of the twelve leases are month to month, so rents, renovation or licensed nightly rentals are your call.Related Group's 39-story tower is rising on the same Broadwalk, the City's Broadwalk extension begins at Georgia Street, and $1.5B in development surrounds the block. Under BRT-25-R, today's code would allow about five units on this 9,558 SF lot; the twelve here are grandfathered. Fee simple, no HOA, 1031-ready, and the seller is open to a rate buy-down. The full offering package, rent roll and 12-month ledger are available on request.Buy the income. Keep the land.
Details
Maps
Contract Information
Comp Sale YN: No
Listing Date: 2026-11-14
Status: Active
Original List Price: 3999999
List Price: $3,999,999
Current Price: $3,999,999
Location and Legal
County Or Parish: Broward
County Parish Name: Broward
City Name: Hollywood
Postal Zip: 33019
Geographic Area: HWEA - Hollywood East (3010-3050)
Subdivision Number: 1
Special Assessment YN: No
Flood Zone: AE
Country: United States
Street Number: 335
Street Name: Georgia
Street Suffix: Street
State Or Province: FL
Postal Code: 33019
Postal Code +4: 2118
Subdivision Name: Hollywood East
Area: 3010
Elementary School: Hollywood Central
Middle Or Junior School: Olsen
High School: South Broward
Parcel Number: 514213013500
Zoning: BRT-25-R
Directions: Please Use Google Maps or similar apps
General Property Information
Number Of Units Total: 1
Living Area Main: 5857
Lot Size Dimensions: 0.2194 acres
Parking Total: 0
Outdoor Living Spaces YN: Yes
Stories Total: 1
Pool Private YN: No
Property Sub Type: Quadruplex
Building Area Main: 5857
Year Built: 1971
Financial Information
Estimated Monthly Assoc Recurring Fee: 0
Tax Annual Amount: 48199
Tax Year: 2025
Tax Legal Description: HOLLYWOOD BEACH 1-27 B LOT 9 TO 11 BLK 16
Office/Member Information
DXORIGMLSID: SEF
Exterior Features
Barbecue: 1
Flooring
Ceramic Tile: 1
Property Condition
Resale: 1
Documents Available
Copy Of Lease(s): 1
Financial Statement: 1
Investment Analysis: 1
Rent Rolls: 1
Fencing
Fenced: 1
Structure Type
Multi Family: 1
Possession
Close Of Escrow: 1
Sewer
Public Sewer: 1
Utilities
Cable Available: 1
Heating
Separate Meters: 1
Window/Wall: 1
Construction Materials
CBS: 1
Laundry Features
Outside: 1
Listing Terms
1031 Exchange: 1
Cash: 1
Conventional: 1
Road Frontage Type
East of US-1: 1
Roof
Flat: 1
Tile: 1
Water Source
Public: 1
Income and Expenses
Gross Income: 264000
Total Expenses: 90073
Net Operating Income: 175367
Cooling
Wall/Window Unit(s): 1
Showing Requirements
24 Hour Notice: 1
Appointment Only: 1
Storm Protection
Impact Glass: Complete
Tax Information
Tax Reflects No Exemptions: 1
Outdoor Living Spaces
Patio: 1
Unit 1 Appliances
Microwave: 1
Range: 1
Refrigerator: 1
Unit 1 Details
Actual Rent: 22000
Baths Full: 1
Beds Total: 1
Efficiency YN: No
Furnished: Unfurnished
SqFt: 488
Unit 1 Lease Description
Lease Term: Month To Month
Unit 1 Other Equipment
Air Conditioning Unit: 1
Unit 1 Parking Features
On Street: 1
Unit 1 Rooms
Family Room: 1
Kitchen: 1
Laundry Room: 1
Price Calculations
Current Price To SqFt: 682.94
Section Details
Parcel Number MLX: 3500
Status Change Information
Major Change Timestamp: 2026-11-14T05:00:00Z
Major Change Type: New Listing
Status Change Date: 2026-11-14
Originating Details
Originating System Key: 571083766
Originating System ID: M00000151
Property Features
Documents Available: Copy Of Lease(s); Financial Statement; Investment Analysis; Rent Rolls
Exterior Features: Barbecue
Fencing: Fenced
Flooring: Ceramic Tile
Property Condition: Resale
Structure Type: Multi Family
Construction Materials: CBS
Cooling: Wall/Window Unit(s)
Heating: Separate Meters; Window/Wall
Laundry Features: Outside
Listing Terms: 1031 Exchange; Cash; Conventional
Possession: Close Of Escrow
Road Frontage Type: East of US-1
Roof: Flat; Tile
Sewer: Public Sewer
Tax Information: Tax Reflects No Exemptions
Utilities: Cable Available
Water Source: Public
Showing Requirements: 24 Hour Notice; Appointment Only
Outdoor Living Spaces: Patio
Unit 1 Appliances: Microwave; Range; Refrigerator
Unit 1 Other Equipment: Air Conditioning Unit
Unit 1 Parking Features: On Street
Unit 1 Rooms: Family Room; Kitchen; Laundry Room
Supplements
RENT ROLL (from Nov 1, 2026): 7 units at $1,800, 1 unit at $2,000, 4 units at $1,850. Total $22,000/month, $264,000/year. Laundry income approx. $1,440/year. 11 of 12 leases are month to month.IN-PLACE OPERATING EXPENSES (annual): property taxes $46,272; management $14,400; cleaning and maintenance $8,653; waste $6,991; water and sewer $6,252; insurance $4,376; legal and professional $1,800; common electric $1,214; pest control $115. Total $90,073.IN-PLACE NOI: $175,367 (4.4% cap at asking price).PROPERTY: 9,558 SF of land on three combined lots, fee simple. One-story concrete block building, 5,857 SF. Twelve 1/1 apartments, each with full kitchen and split A/C. Impact windows, updated tile roof, plumbing and electrical. Gated tropical courtyard with BBQ and coin laundry. No on-site parking; residents use street parking and nearby city lots.ZONING: BRT-25-R. Current code would allow approx. five units on this lot; the existing twelve are grandfathered. The beach district allows licensed vacation rentals subject to City of Hollywood and State of Florida licensing; buyers should verify requirements, including parking.Figures provided by ownership and the property manager, not audited by the broker. Property taxes will be reassessed after a sale. Buyer to verify all information.
Listing Office: Sunst Real Estate LLC
Last Updated: November - 15 - 2026
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.
