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$520,000
3 Beds ⋅ 2 Baths ⋅ B26056082 MLS ⋅ Hollywood Little Ran BLDG.
Welcome to this stunning, turn-key single-family home in the rapidly growing community of East Hollywood! Completely remodeled , this 1-story residence is bathed in natural light and completely move-in ready. The home is currently configured as a spacious 2-bedroom, 2-bathroom with an oversized primary suite. Per county records, it is a 3-bedroom, 2-bath home, and the layout offers the option to restore the third bedroom if desired. Seeking more space or an investment boost in your future? The existing 1-car carport can be converted to add approximately 500 square feet of living space, and the huge backyard offers plenty of room for further extensions. With NO HOA and short-term rentals/Airbnb fully allowed, this property is a dream opportunity for both families and savvy investors. Property Highlights: • Interior & Comfort: 1,025 sq ft of immaculate living space featuring up to date central AC, beautiful tile, stylish zebra sheer shades on all windows, and fresh interior and exterior paint. • Safety & Convenience: Fully equipped with impact windows and doors, a fully fenced yard, a 1-car carport, and additional uncovered parking. • Prime Location: Situated just 10 minutes from the beach, perfectly nestled between Fort Lauderdale and Miami right off I-95. • Neighborhood Perks: Walking distance to local bakeries, diverse dining options (Italian, Argentine, and more), and vibrant downtown Hollywood. You are also just minutes away from Amelia Earhart Park, Johnson Park, Dania Pointe, Gulfstream Park, and only 13 minutes from Aventura. Close to the Turnpike, airport, shopping, and entertainment. Financing is made easy—Conventional, FHA, VA, and CASH offers are all welcome. Extremely easy to show. Schedule your tour today and step into this Hollywood gem!

412 S 24TH Avenue, Hollywood
$679,850
3 Beds ⋅ 2 Baths ⋅ B26036952 MLS
Rare opportunity to acquire an income producing 3/2 home (w/in-law suite) & additional development capacity, walking distance from schools, library, parks & Downtown Hollywood, at over 20% below market value. Lots of new development nearby. Investors & developers have increasingly turned their attention to this area, recognizing its long term potential. This property should not be viewed solely as a single family home or solely as a land play; the true value is in both. The existing 3 bedroom 2 bathroom home can remain in place and continue generating income while 8 additional units are developed on the same lot, for a total of 9 units, without tearing down the current structure. All of the additional 8 units can be ~760 square foot 2 bedroom apartments. The included site plan shows viable layout, parking & access. A formal Pre-Application Consultation (PAC) meeting with the city has been held; representatives from every relevant discipline were present (planning, zoning, engineering, landscape, fire, etc) and they confirmed the site plan is feasible & compliant with current zoning & regulations. Sold land comps: $50k per (mostly 1 bedroom) unit. Active land comps: $58k-$101k per (mostly 1 bedroom) unit. Two bedroom units generally rent for around 30% more than one bedroom units; land buildable for two bedroom units is generally valued around 30% more than land buildable for one bedroom units. 3/2 house comps: $499k-$679k active, $410k-$580k sold. Subject property is a 3/2 house + 8 (2 bedroom) units of buildable land; market value ~$900k. 2 bed rents:$1.8k-$2.5k/mo. 3 bed rents:$3k-$3.8k/mo. Build cost:~$1.3M-$1.5M. All in:~$2M. Projected value:$3M+ = ~$1M instant equity. Potential ~10% cap. Seller will finance. Property is in a Qualified Opportunity Zone, which offers the potential for major tax benefits including deferring taxes, reducing capital gains taxes, and potentially paying no tax at all on the profit when you sell the property; consult tax professional for details and eligibility. See photos & attachments for details on location, plans, and comps. Call listing agent for more information.

2531 Pierce Street, Hollywood