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Palm Beach Post
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bedrooms
bedrooms
5
bathrooms
bathrooms
3
square feet
square feet
2,318
acreage
Acreage
-
open houses
Open Houses
-
year built
year built
1947
full baths
Full Baths
3
half baths
Half Baths
0
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.
Location
Subdivision Hollywood Little Ranches
County Broward County
Elementary School -
Middle School -
High School -
open houses Open houses
None scheduled.
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MLS number: F10458509
Listing agent: Peter Dacko #0600065
Listing broker: Media Realty & Advisors, Inc. (954) 923-2325
Copyright © 2024 BeachesMLS / Matrix. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.   [source]
Last update: Friday, November 8 2024 at 12:32 p.m. EST
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