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3630 N 56th Ave 318, Hollywood, FL – $199,000

  • 1 Bed
  • 1 Bath
  • 659 Sqft
  • 57 DOM
  • 1 Bed
  • 1 Bath
  • 659 Sqft
  • 57 DOM

3630 N 56th Ave 318

ONLY INVESTORS 6.5% CAP RATE (monthly cash flow $1,050) - TENANT OCCUPIED UNTIL 03/31/25. ATTENTION ALL INVESTORS!!! START COLLECTING ON CLOSING DATE!!! One of the best OPPORTUNITIES in Hollywood. Great opportunity to own this beautiful income producing unit, spacious condo very well kept and centrally located in the heart of Hollywood at a quiet gated community by the lake, Lakewood at Emerald Hills. No minimum credit score required by association and no special assessments announced. Unit is Tenant occupied with same Tenant for the last 3 years, great tenant paying currently $1,600 always on time and no issues at all, 6.5% CAP RATE. Great amenities like pool, tennis, gym, laundry inside the unit, clubhouse and BBQ. Low Maintenance just new paint on buildings, no restrictions on rent.

Essential Information

  • MLS® #A11672130
  • Price$199,000
  • Bedrooms1
  • Bathrooms1.00
  • Full Baths1
  • Square Footage659
  • Year Built1993
  • TypeResidential
  • Sub-TypeCondominium
  • StyleNone
  • StatusActive

Community Information

  • Address3630 N 56th Ave 318
  • Area3070
  • SubdivisionLAKEWOOD AT EMERALD HILLS
  • CityHollywood
  • CountyBroward
  • StateFL
  • Zip Code33021-2258

Amenities

  • ViewGarden, Other

Amenities

Basketball Court, Fitness Center, Other, Pool, Tennis Court(s), Trail(s)

Parking

Assigned, Guest, Two or More Spaces

Interior

  • InteriorCarpet
  • HeatingCentral, Electric
  • CoolingCentral Air, Electric

Appliances

Dryer, Dishwasher, Electric Water Heater, Disposal, Microwave, Refrigerator, Washer, Built-In Oven

Exterior

  • Exterior FeaturesOther, Tennis Court(s)
  • ConstructionBlock

Additional Information

  • Date ListedOctober 6th, 2024
  • HOA Fees275
  • HOA Fees Freq.Monthly

Listing Courtesy of

Florida Realty Wealth Group Inc.

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Price Change History for 3630 N 56th Ave 318, Hollywood, FL (MLS® #A11672130)

Date Details Change
Price Reduced from $210,000 to $199,000 $11,000 (5.24%)