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$ 550,000
Est. payment /mo
Price Dropped by $50K
2460 Taylor St Hollywood, FL 33020
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID F10540940
Construction Status Resale
Total Fin. Sqft 6000
Year Built 1978
Annual Tax Amount $18,805
Tax Year 2025
Property Description
Seller is offering 35% ownership for $550,000. The ideal partner will bring a line of credit to expand the rental portfolio. The company will offer a 6% annual dividend on the investment. Current assets include a turnkey 5-unit portfolio in East Hollywood! 4 townhomes + 1 villa in the same association. Near beaches, nightlife & transit. Self-managed associations with NO rental or age restrictions. Units Rent fast and tenants stay "forever". Perfect entry point for a new landlord or as an added value for experienced investors. I will remain as the manager in order to expand the portfolio of properties. The line of credit should be on "soft" terms since you will also enjoy 35% ownership on the new properties as added equity on the loan.
Location
State FL
County Broward County
Area Hollywood East (3010-3050)
Zoning Residential
Interior
Heating Central Electric
Cooling Central Building A/C
Flooring Carpeted Floors, Ceramic Floor, Vinyl Floors
Exterior
Roof Type Other Roof
Private Pool No
Building
Foundation Cbs Construction
Sewer Septic Tank
Water Public Water
Construction Status Resale
Others
Ownership Partnership
Acceptable Financing Cash
Listing Terms Cash
Virtual Tour https://www.propertypanorama.com/2460-Taylor-St-Hollywood-FL-33020--F10540940/unbranded

Listed by Ocean Realty






