ONLY INVESTORS 6.5% CAP RATE (monthly cash flow $1, 050) - TENANT OCCUPIED UNTIL 03/31/25. ATTENTION ALL INVESTORS!!! START COLLECTING ON CLOSING DATE!!! One of the best OPPORTUNITIES in Hollywood. Great opportunity to own this beautiful income producing unit, spacious condo very well kept and centrally located in the heart of Hollywood at a quiet gated community by the lake, Lakewood at Emerald Hills. No minimum credit score required by association and no special assessments announced. Unit is Tenant occupied with same Tenant for the last 3 years, great tenant paying currently $1, 600 always on time and no issues at all, 6% CAP RATE. Great amenities like pool, tennis, gym, laundry inside the unit, clubhouse and BBQ. Low Maintenance just new paint on buildings, no restrictions on rent.
Property Features
Bedrooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Interior Features
- FirstFloorEntry
- Flooring: Carpet
Appliances
- BuiltInOven
- Dryer
- Dishwasher
- ElectricWaterHeater
- Disposal
- Microwave
- Refrigerator
- Washer
Heating and Cooling
- Cooling Features: CentralAir, Electric
- Heating Features: Central, Electric
- Heating: Yes
Exterior and Lot Features
Pool and Spa
- Pool Features: Association
Garage and Parking
- Parking Features: Assigned, Guest, TwoOrMoreSpaces
Home Features
- View: Garden
- Security Features: SmokeDetectors
Homeowners Association
- Association: Yes
- Association Amenities: BasketballCourt, FitnessCenter, Pool, TennisCourts, Trails
- Association Fee: 275
- Association Fee Frequency: Monthly
- Association Fee Includes: Laundry, Sewer, Water
- Calculated Total Monthly Association Fees: 275
- Pets Allowed: Conditional, Yes
Other Property Info
- Annual Tax Amount: 3452
- Source Listing Status: Active
- County: Broward
- Tax Year: 2023
- Source Property Type: Residential
- Property Subtype: condo
- MLS Area Minor: Hollywood Central (3070-3100)
- Source Neighborhood: LAKEWOOD AT EMERALD HILLS
- Parcel Number: 514101AC0700
- Postal City: Hollywood
- Postal Code Plus 4: 2258
- Subdivision: LAKEWOOD AT EMERALD HILLS
- Property Subtype: Condominium
- Source System Name: C2C
Building and Construction
- Total Square Feet Living: 659
- Year Built: 1993
- Building Area Total: 659
- Construction Materials: Block
- Entry Level: 1
- Entry Location: 1
- Property Age: 31
- Property Attached: Yes
- Building Total Stories: 2
- Year Built Details: Resale