Description

Price reduced! Exceptional opportunity to acquire a high-performing income property in East Hollywood. This duplex features two spacious 2BR/2BA units currently generating $4,560/month ($2,250 + $2,310) with reliable long-term tenants and consistent payment history, providing immediate and stable cashflow from day one.

Each unit offers two separate entrances, creating a unique opportunity to reconfigure the layout into four units (2 studios + 2 one-bedrooms) and significantly increase income potential through short-term rentals or Airbnb (buyer to verify local regulations).

The property is well maintained and includes separate utilities, ample parking, and private outdoor space, making it attractive for both tenants and future value-add strategies.

Located in one of Hollywood’s most dynamic and growing areas, just minutes from the beach, Downtown Hollywood, Gulfstream Park, and major highways including I-95. The area continues to benefit from strong demand and ongoing development, supporting long-term appreciation.

Seller is offering a $10,000 contribution with a full price offer.

This is a rare opportunity that combines current income, operational flexibility, and future upside, making it ideal for investors looking to strengthen or expand their portfolio in South Florida.

Address

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Address: 16th Ct
City: Hollywood
State/county: Broward County
Zip/Postal Code: 33020
Area: HOLLYWOOD LAWNS

Details

Updated on March 25, 2026 at 2:25 am

Property ID A11988438
Price $650,000
Property Size 1770 Square Feet
Year Built 1957
Type Duplex
Property Status Residential Income

Additional details

ArchitecturalStyle Other
BuildingAreaTotal 1770
BuildingAreaUnits Square Feet
BuildingName HOLLYWOOD LAWNS
ConstructionMaterials Concrete Block Construction, CBS Construction
ContractStatusChangeDate 2026-03-24
Cooling Wall/Window Unit(s)
DaysOnMarket 1
Directions From I-95, exit Sheridan St east, turn right on N 22nd Ave, left on Lincoln St, then right on N 16th Ct. Property is on the right-hand side. Minutes from Downtown Hollywood, the beach, and Gulfstream Park.
DocumentsAvailable Financial Statement, Investment Analysis, Copy Of Lease(S)
ExpirationDate 2026-05-31
Flooring Ceramic Floor
Heating None
InternetAddressDisplayYN 1
InternetAutomatedValuationDisplayYN 1
InternetConsumerCommentYN 1
InternetEntireListingDisplayYN 1
ListAOR A-Miami Association of REALTORS
ListAgentDirectPhone 786-930-3310
ListingTerms All Cash, Conventional, FHA, VA Loan
LotFeatures Less Than 1/4 Acre Lot
LotSizeSquareFeet 0
MLSAreaMajor Hollywood Lawns
MajorChangeTimestamp March 24, 2026 at 11:26pm
MajorChangeType New
MlsStatus Active
ModificationTimestamp March 25, 2026 at 05:00am
NumberOfUnitsInCommunity 2
OnMarketDate 2026-03-24
OriginalEntryTimestamp March 24, 2026 at 11:26pm
OriginalListPrice 650000
OriginatingSystemID miamire
OriginatingSystemKey miamire
OriginatingSystemName Miami Association of REALTORS®
OtherExpense 0
ParcelNumber 514210141190
ParkingTotal 4
PhotosChangeTimestamp March 24, 2026 at 11:28pm
PhotosCount 22
PostalCodePlus4 3637
PriceChangeTimestamp March 24, 2026 at 03:43pm
PublicSurveyRange 51
PublicSurveySection 10
PublicSurveyTownship 51
RentIncludes Water
Roof Flat Tile
Sewer Public Sewer
ShowingContactType Agent
ShowingInstructions Appointment Only, Call Listing Agent
SourceSystemKey 445403702
StateOrProvince FL
StatusChangeTimestamp March 24, 2026 at 11:26pm
Stories 1
StoriesTotal 1
StreetDirPrefix N
StreetName 16th Ct
StreetNumber 923
StreetNumberNumeric 923
StructureType Duplex
SyndicationRemarks Price reduced! Exceptional opportunity to acquire a high-performing income property in East Hollywood. This duplex features two spacious 2BR/2BA units currently generating $4, 560/month ($2, 250 + $2, 310) with reliable long-term tenants and consistent payment history, providing immediate and stable cashflow from day one. Each unit offers two separate entrances, creating a unique opportunity to reconfigure the layout into four units (2 studios + 2 one-bedrooms) and significantly increase income potential through short-term rentals or Airbnb (buyer to verify local regulations). The property is well maintained and includes separate utilities, ample parking, and private outdoor space, making it attractive for both tenants and future value-add strategies. Located in one of Hollywood’s most dynamic and growing areas, just minutes from the beach, Downtown Hollywood, Gulfstream Park, and major highways including I-95. The area continues to benefit from strong demand and ongoing development, supporting long-term appreciation. Seller is offering a $10, 000 contribution with a full price offer. This is a rare opportunity that combines current income, operational flexibility, and future upside, making it ideal for investors looking to strengthen or expand their portfolio in South Florida.
TaxAnnualAmount 13335
TaxLegalDescription HOLLYWOOD LAWNS 2-58 B LOT 167
TaxYear 2025
YearBuiltDetails Resale
Zoning RM-12