Sold as a package with 1126 N 17th Ave. Great property for a creative developer. This is a rare opportunity to build a 4-story 24–28-unit luxury complex. Attached are plans for 27 one-bedroom units & 31 parking spaces. The current property in the front comprises 2 units: a spacious 2-bedroom, 1-bathroom unit alongside a separate 1-bedroom, 1-bathroom unit featuring a living room, kitchen, and bath. The rear building offers a 2-bedroom, 1-bathroom unit upstairs, and a convenient 1-bedroom, 1-bathroom unit downstairs. Equipped with 2 electrical meters in the front building and an additional 2 in the rear, this property provides flexibility for utility management. A single water meter services the entire property. Ideal for investors or those seeking income-generating properties.
1118 N 17th Ave, Hollywood, FL, 33020
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
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