Prime Investment Opportunity: 1815-1825 Mckinley St is a newly renovated 16-unit building, ideally situated on a massive 28,000 sqft lot in the heart of Hollywood and block from US-1. This property is an exceptional opportunity for both investors and developers. The building itself has been thoughtfully renovated to meet modern standards, offering attractive units with updated finishes and strong cashflow (current NOI $225,000). With an oversized lot and the potential for up to 61 units (plans available), this property provides a unique opportunity for future development and expansion. Whether you are looking to build additional units or simply capitalize on the strong demand for rental properties in this thriving location, the possibilities are endless.
- Address 1815 Mckinley St
- City Hollywood
- County Broward
- Zip 33020
-
Price
$3,600,000
($482 / SqFt) - Status Active
- Subdivision Frank C Dickey
- Pets Allowed No
- MLS® # A11757431
- Property Type Residential Income
- Property Sub TypeQuadruplex
- Status Active
- Square Feet 7,476
- Year Built 1954
- Waterfront No
- Maintenance Fees No Info Provided
- Taxes $40,098
- Tax Year 2024