6101 Garfield St, Hollywood FL 33024 | Broward County | A11728936

6101 Garfield St, Hollywood FL 33024

Active Residential Income Active

$1,690,000

2 More

Type
Quadruplex

3902 Sq Ft
Area Size

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Active Residential Income Active

6101 Garfield St, Hollywood FL 33024 | Broward County | A11728936

6101 Garfield St, Hollywood FL 33024

$1,690,000

Description

This outstanding commercial multifamily investment opportunity in Hollywood, Florida, features a six-unit
4 apartments 1 bed 1 bathroom—2 apartments 2-2 9000 a month rent
apartment building with long-term tenants and reliable cash flow. Ideally located near major attractions like the Hard Rock Hotel & Casino and Hollywood Beach Boardwalk, the property offers easy access to I-95
Key features include: Six spacious units, fully occupied with stable tenants
Steady rental income and minimal turnover
40 10 years vert done in jan 2025

Significant potential for property value growth, fueled by nearby development projects such as the Hollywood Downtown Revitalization This property is an exceptional opportunity in a rapidly developing area, with great prospects for future appreciation.

Property Overview

This quadruplex at 6101 Garfield St in Hollywood is a six-unit apartment building offering a mix of rental spaces—four units with one bedroom and one bathroom, and two units with two bedrooms and two bathrooms. The property, built in 1974, has a total living area of 3,902 square feet and is currently generating $9,000 per month in rental income. Long-term tenants have been in place, contributing to steady cash flow and minimal turnover. Recent improvements include a 10-year roof replacement completed in January 2025, adding to the building's appeal and functionality. The building is part of the Hollywood Beach Heights South subdivision and sits near major local attractions such as the Hard Rock Hotel & Casino and Hollywood Beach Boardwalk. Its convenient location also provides easy access to I-95, making it a strategic investment in a well-connected area. With ongoing development in the surrounding area, including the Hollywood Downtown Revitalization, the property has significant potential for appreciation. The combination of stable income, a prime location, and nearby growth makes this a compelling opportunity for investors seeking a reliable multifamily property in a developing part of town.

Frequently Asked Questions

How many units are in this quadruplex, and what is the current rental income?

The property includes six units, with four units being one-bedroom, one-bathroom apartments and two units being two-bedroom, two-bathroom apartments. The current monthly rental income is $9,000.

What are the key benefits of investing in this multifamily property?

This property offers long-term tenants, steady rental income, and minimal turnover. It is also located in a rapidly developing area with nearby projects like the Hollywood Downtown Revitalization.

When was the last major renovation completed, and what was done?

A 40-year roof replacement was completed in January 2025.

Where is the property located, and what nearby attractions are nearby?

The property is located at 6101 Garfield St, Hollywood, FL 33024. It is near major attractions like the Hard Rock Hotel & Casino and Hollywood Beach Boardwalk, and offers easy access to I-95.

Is the property currently occupied, and how is the income generated?

Yes, the property is fully occupied with stable tenants. The income is generated through long-term rental agreements.

What is the asking price, and why is this an appealing opportunity?

The asking price is $1,690,000. This is an appealing opportunity due to the steady cash flow from tenants, the potential for property value growth, and the property's location in a growing area.