2020 Washington Street Units 1-8, Hollywood, FL 33020
$2,399,000
2020 Washington Street Units 1-8

2020 Washington Street Units 1-8

Turnkey 8-Unit Investment in Prime Hollywood Beach Location. This fully upgraded property features eight 1-bedroom, 1-bathroom units, each thoughtfully renovated with new kitchens, stainless steel appliances, modern bathrooms, updated plumbing, impact windows, new central A/C systems, and stylish flooring throughout. No deferred maintenance just move in and start generating income. 4 units are newly furnished and leased to annual tenants, providing stable cash flow. The remaining four are operating as active Airbnb/short-term rentals, offering high returns and consistent occupancy. The building is fully furnished, making this a true turnkey opportunity for both short and long term rental strategies. Double lot presents significant value add potential, room to build additional units on lot
  • For Sale
  • 1950 BUILT
  • 0.26 Acres LOT
  • 4,112 Sq.Ft.

Features & Amenities

Area & Lot

  • Status:For Sale
  • LIVING SPACE:4,112 Sq.Ft.
  • LOT SIZE:0.26 Acres
  • MLS® ID:R11079513
  • Type: Residential
  • Year Built:1950
  • View Description:Other, Water

Interior

  • Flooring information:Other

Exterior

  • Stories: 2
  • Water Source: Public
  • Utilities: Electricity Available, Sewer Available, Water Available
  • POOL:None
  • ROOF:Other
  • Heat Type:Central
  • Air Conditioning:Central Air
  • Sewer:Public Sewer
  • Other Exterior Features:Fence

Financial

  • SALES PRICE $2,399,000
  • REAL ESTATE TAXES $18,320/yr
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Work with The Presson Group

Steven has consistently been a Top Producer in the luxury markets in Palm Beach County. If integrity, persistence and results are traits you believe can make the difference in your real estate transactions, contact Steven Presson.