206 S 15th Ave # 6, Hollywood FL 33020 | Broward County | A11800164
- $1,600,000
- Income/MultiFamily
206 S 15th Ave # 6, Hollywood FL 33020 | Broward County | A11800164
- $1,600,000
Description
Fausto Commercial proudly presents 206 S 15th Ave, a unique 6-unit multifamily property located on a corner lot in the sought-after Hollywood Lakes area of downtown Hollywood. The property consists of two buildings with a well-balanced unit mix: two 2-bed/1-bath units, three 1-bed/1-bath units, and one studio. Fully leased and featuring a coin-operated laundry room for added income, this asset is ideally positioned near restaurants, bars, shopping, and just minutes from the beach. Recent improvements, including a new roof and updated landscaping, enhance its appeal, with projected pro forma gross income expected to increase to $142,400 annually.
Address
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Address: 15th Ave
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City: Hollywood
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State/county: Broward County
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Zip/Postal Code: 33020
Details
Updated on September 13, 2025 at 7:42 pm-
Property ID A11800164
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Price $1,600,000
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Type Income/MultiFamily
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Property Status Commercial Sale
Additional details
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BuildingAreaTotal 3686
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BuildingAreaUnits Square Feet
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BusinessType Apartments, Residential-Multi-Family
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ConstructionMaterials CBS Construction, Other
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ContractStatusChangeDate 2025-05-11
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Cooling Wall/Window Unit(s)
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DaysOnMarket 115
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DocumentsAvailable Aerial Photo(S), Rent Rolls
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GrossIncome 124140
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GrossScheduledIncome 124140
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Heating Wall/Window Units
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InternetAddressDisplayYN 1
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InternetAutomatedValuationDisplayYN 1
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InternetConsumerCommentYN 1
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InternetEntireListingDisplayYN 1
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ListAOR A-Miami Association of REALTORS
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ListAgentDirectPhone 954-743-7594
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ListAgentEmail elevi@faustocommercial.com
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ListAgentFullName Elior Levi
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ListAgentKey 1935ebadec8c69d7a6e4620d2dae77a8
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ListAgentMlsId 3574869
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ListAgentOfficePhone 786-748-7373
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ListAgentStateLicense 3574869
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ListOfficeFax 305-675-0365
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ListOfficeKey 7cfc112ff185580637392301ab94285c
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ListOfficeMlsId FAUS01
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ListOfficeName Fausto Commercial Realty Consultants Inc
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ListOfficePhone 786-748-7373
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ListingAgreement Exclusive Right To Sell
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ListingContractDate 2025-05-11
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ListingKey 03173d1fdcdfde20de1ff60efd7ad736
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ListingTerms All Cash, Conventional/Refinance, Owner Will Carry
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LotSizeSquareFeet 3686
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MajorChangeTimestamp September 3, 2025 at 10:50pm
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MajorChangeType Price Decrease
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MlsStatus Active
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ModificationTimestamp September 3, 2025 at 10:50pm
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NetOperatingIncome 96870
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NumberOfUnitsInCommunity 7
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OnMarketDate 2025-05-11
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OperatingExpense 27270
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OriginalEntryTimestamp May 12, 2025 at 03:32am
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OriginalListPrice 1700000
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OriginatingSystemID miamire
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OriginatingSystemKey miamire
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OriginatingSystemName Miami Association of REALTORS®
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OtherExpense 0
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ParcelNumber 514215024590
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PhotosChangeTimestamp May 12, 2025 at 03:38am
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PhotosCount 28
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Possession Funding
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PostalCodePlus4 5220
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PreviousListPrice 1700000
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PriceChangeTimestamp September 3, 2025 at 10:50pm
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PublicSurveyRange 51
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PublicSurveySection 15
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PublicSurveyTownship 51
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Sewer Public Sanitation
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ShowingContactType Agent
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ShowingInstructions Call Listing Agent
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SourceSystemKey 411268858
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SpecialListingConditions Sale
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StateOrProvince FL
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StatusChangeTimestamp July 24, 2025 at 03:19pm
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StreetDirPrefix S
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StreetName 15th Ave
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StreetNumber 206
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StreetNumberNumeric 206
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SyndicationRemarks Fausto Commercial proudly presents 206 S 15th Ave, a unique 6-unit multifamily property located on a corner lot in the sought-after Hollywood Lakes area of downtown Hollywood. The property consists of two buildings with a well-balanced unit mix: two 2-bed/1-bath units, three 1-bed/1-bath units, and one studio. Fully leased and featuring a coin-operated laundry room for added income, this asset is ideally positioned near restaurants, bars, shopping, and just minutes from the beach. Recent improvements, including a new roof and updated landscaping, enhance its appeal, with projected pro forma gross income expected to increase to $142, 400 annually.
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TaxAnnualAmount 15810
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TaxLegalDescription HOLLYWOOD 1-21 B LOT 16 BLK 78
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UnitNumber 1-6
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WaterSource Public
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Zoning RS-6
Features
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