1925 & 1927 Rodman St, Hollywood, FL 33020 — two adjacent properties offered together with a combined lot size of 10,844 sq. ft. Zoned for redevelopment, the site allows for up to 5 stories and 18 units, making it a rare development opportunity in a highly sought-after area.
Currently, the properties feature 4 tenant-occupied units generating a gross annual rental income of $102,600. With an NOI of $100,648 and a strong 7.74% cap rate, this investment delivers both immediate income and long-term growth potential.
Just 9 minutes from Hollywood Beach, the location offers excellent proximity to shopping, dining, and entertainment. Flood insurance is not required.
Note: Properties must be sold together
2,086 Sq Ft
Other
$6,183 Annual Tax
Built in 1926
MLS/Listing ID A11875379
HOLLYWOOD SOUTH SIDE ADD
1 Stories
Style - Attached
Cooling - Central Air
TOTAL MONTHLY COST
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