SoldOct 27, 2025

Listed and Bought with Steven Landau

Source: MIAMI Association of REALTORS® #A11811392

2419 Johnson Street, Hollywood, FL, 33020

$585,000

2287 sq. ft.

Duplex

•

30+ days on the market

Sold: Oct 27, 2025

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About this property

HUGE PRICE REDUCTION!!! RECENTLY UPDATED INVESTOR SPECIAL!!! SELLING BELOW RECENT APPRAISAL! GREAT INCOME PRODUCING PROPERTY LOCATED IN THE HEART OF HOLLYWOOD, FL. THE PROPERTY HAS 2 UNITS: (1) 3/2 RENOVATED AND RENTED BELOW MARKET PRICE AT $2250/MONTH; (2) 2/2 RENTED AT $2250/MONTH. LARGE LOT FOR FUTURE RE-DEVELOPMENT. CURRENT ZONING IS RM-9. WELL MAINTAINED. TENANTS PAY THEIR OWN UTILITY BILLS FOR WATER/SEWER/GARBAGE AND ELECTRICITY ON SEPARATE METERS. RAISE RENTS TO MARKET PRICES AND EASILY ACHIEVE 9%+ CAP RATE WITH MINIMAL INVOLVEMENT OR EFFORT. GREAT FOR OUT-OF-TOWN INVESTORS. LONG TERM TENANTS (ALL ANNUAL LEASES RECENTLY SIGNED) WILLING TO STAY WITH RENTAL INCREASES OF 5% PER YEAR. DON'T MISS THIS OPPORTUNITY! EASY TO MANAGE AND CERTAIN TO INCREASE IN VALUE!!!

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