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$525,000

Beds
5
Baths
3.0
sq ft
2,318

2739 Lincoln St, Hollywood, FL 33020

2739 Lincoln St

Hollywood, FL 33020

  • 77 days on market
Distressed Sale | Not an REO. VALUE ADD OPPORTUNITY. The subject originally functioned as a single-family home but was adapted into a triplex years ago. The unit breakdown is (2/2) (2/1) and one (1/1). The subject has a violation for non-conforming units and work done without a permit. This requires bringing the property into compliance (back to a single family). Currently priced at $227/SF, the property is $125 less expensive than neighborhood single-family homes. Market data suggests that an equivalent SFR in the area typically sells for between $650,000 and $775,000. The value-add opportunity can be broached by converting the property back to a single-family. This typically requires the removal of 2 stoves and the 220 V electric line as well as opening doors between the units.

Details

Property type

Single Family Residence

Lot size

0.24 acres

Price per sq ft

$227

Year built

1947

Annual property taxes

$7,970

Price History

08/27/2024
Beaches

Beaches #F10451991

Removed
$575,000
+9.52%
08/27/2024
Beaches

Beaches #F10458509

Listed
$525,000
-8.7%
08/12/2024
Beaches

Beaches #F10451991

Price change
$575,000
-4.17%

Schools & Community

Neighborhood: 

North Central

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Gated

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Status: Active

Tomo last checked: 11/12/2024 at 5:35 PM

Listing updated: 09/30/2024 at 4:33 PM

Listed by: Peter Dacko, Media Realty Phone #: (954) 923-2325

MLS: Beaches #F10458509

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