$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 #F10451991
Removed
$575,000
+9.52%
08/27/2024
Beaches #F10458509
Listed
$525,000
-8.7%
08/12/2024
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
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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