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.
7,476 Sq Ft
Investment
$40,098 Annual Tax
Built in 1954
MLS/Listing ID A11757431
FRANK C DICKEY
1 Stories
Shingle
Style - Detached
Cooling - Central Air
Vinyl
Lot - Oversized Lot
Listing Courtesy of LIV REAL ESTATE GROUP, BENJAMIN LIPKIN - 561-212-4640
Source of Data: MIAMI ASSOCIATION OF REALTORS