Location: Hollywood Little Ranches, Hollywood
Only Show: Foreclosure
Do Not Show Listings
2739 Lincoln St, Hollywood, FL 33020
$525,00070 Days on yellowkey MLS ID: F10458509
Bed: 5 Bath: 3.0 Liv Area Sq Ft: 2318 Built: 1947 Tax: $7,970 (2023)Community: Hollywood Little RanchesPool: NoSingle Family
Market Analysis: For Sale, For RentSoldRented
Nearby Properties: For Sale, For RentSoldRented
Taxes:$7,970
Elementary School: None
High School: None
Tax Year: 2023
Middle School: None
Remarks: Distressed Sale | Not an REO. VALUE ADD OPPORTUNITY. The subject originally functioned as a single-family home but was adapted into a triplex years ago. The unit breakdown is (2/2) (2/1) and one (1/1). The subject has a violation for non-conforming units and work done without a permit. This requires bringing the property into compliance (back to a single family). Currently priced at $227/SF, the property is $125 less expensive than neighborhood single-family homes. Market data suggests that an equivalent SFR in the area typically sells for between $650,000 and $775,000. The value-add opportunity can be broached by converting the property back to a single-family. This typically requires the removal of 2 stoves and the 220 V electric line as well as opening doors between the units.
Listing is courtesy of: Media Realty ((954) 923-2325)
Listing Agent: Peter Dacko ((954) 232-7714)
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