About this Property
A compelling multifamily investment with immediate income and meaningful upside.Introducing 5719 Johnson Street, a fully occupied, five-unit multifamily property in the heart of Hollywood, offering investors the opportunity to acquire an income-producing asset with significant rental upside. With current rents below market, the property has the potential to exceed $100,000 in gross annual rental income as leases transition to market rates.Ideally positioned just off US-441, with convenient access to I-95 and the Seminole Hard Rock Hotel \u0026 Casino, the property combines location, a desirable unit mix, and operational advantages. The five residences include one two-bedroom/one-bathroom unit and four one-bedroom/one-bathroom units, complemented by 10 parking spaces and individual electric meters.Set on an expansive approximately 15,000-square-foot lot, the property also features beautifully landscaped garden areas and additional outdoor lounge space, enhancing its appeal to tenants.For investors seeking to expand their holdings, 5719 Johnson Street may also be acquired together with the neighboring office building at 5715 Johnson Street, presenting an opportunity to secure two complementary assets in one transaction.
Disclaimer
MIAMI Association of REALTORS® is not responsible for the accuracy of the information listed above. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange Program and the South East Florida Regional MLS and is provided here for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than the office owning this website are marked with the IDX logo and detailed information about them includes the name of the listing brokers. Data provided is deemed reliable but not guaranteed. Copyright MIAMI Association of REALTORS®, MLS All rights reserved. This property is courtesy of Direct Real Estate.
