$4.40M

12 steps from the Atlantic. 12 income-producing units. Rarely does proximity meet opportunity like this.This fully renovated, gated compound sits on Hollywood Beach Broadwalk — one of Travel+Leisure's Best Beach Boardwalks in America. Every unit delivers a full kitchen, split-AC system, and impact windows. Secured tropical courtyard with BBQ, on-site laundry, and 12 private parking spaces. New Spanish tile roof, updated plumbing and electrical throughout.All leases month-to-month — flip to short-term rental from Day 1. The location speaks for itself: Margaritaville steps away, Related Group's 39-story luxury tower under construction on the same Broadwalk, and the City's planned Broadwalk extension starting at Georgia Street. Over $1.5B in active development surrounds this block.Zoned BRT-25-R. Grandfathered 12-unit density no new build can replicate. A Live Local corridor where developers are spending $40M+ assembling comparable land.Buy the income. Hold the land. The block is transforming.
- MLS #
- A12018258
- Property type
- Multifamily
- Units
- 12
- Unit mix
- 12 x 1 bedroom 1 bathroom
- Zoning
- Commercial
- Building size
- 5,857 sqft
- Gross scheduled income
- $259,200/yr
- Price / unit
- $366,667
- Price / sqft
- $751
- Last updated
- 2026-07-18
Listed by SunSt Real Estate LLC
Listing data is provided for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Information deemed reliable but not guaranteed; verify all data independently.
Run the numbers
Estimate — not a quoted rate. Adjust assumptions to see how the deal breaks.
- Effective gross income
- $0
- Operating expenses
- -$0
- Annual debt service
- -$267,149
- Loan amount
- $3,079,999
- Cash to close (est.)
- $1,320,000
Figures are estimates for illustration only, generated from public and seller-provided data. They are not an offer of financing, an appraisal, or investment advice. Verify all numbers independently before relying on them.
