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923 N 16th Ct

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Hollywood, FL 33020
$650,000
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Month
  • Principal & Interest
    $ 615
  • Property Tax
    $ 180
  • Home Insurance
    $ 61
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Property Description

Price reduced! Exceptional opportunity to acquire a high-performing income property in East Hollywood. This duplex features two spacious 2BR/2BA units currently generating $4,560/month ($2,250 + $2,310) with reliable long-term tenants and consistent payment history, providing immediate and stable cashflow from day one. Each unit offers two separate entrances, creating a unique opportunity to reconfigure the layout into four units (2 studios + 2 one-bedrooms) and significantly increase income potential through short-term rentals or Airbnb (buyer to verify local regulations). The property is well maintained and includes separate utilities, ample parking, and private outdoor space, making it attractive for both tenants and future value-add strategies. Located in one of Hollywood's most dynamic and growing areas, just minutes from the beach, Downtown Hollywood, Gulfstream Park, and major highways including I-95. The area continues to benefit from strong demand and ongoing development, supporting long-term appreciation. Seller is offering a $10,000 contribution with a full price offer. This is a rare opportunity that combines current income, operational flexibility, and future upside, making it ideal for investors looking to strengthen or expand their portfolio in South Florida.

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    923 N 16th Ct, Hollywood, FL 33020

    Property Stats

    1957 Year
    Active Status

    Price reduced! Exceptional opportunity to acquire a high-performing income property in East Hollywood. This duplex features two spacious 2BR/2BA units currently generating $4,560/month ($2,250 + $2,310) with reliable long-term tenants and consistent payment history, providing immediate and stable cashflow from day one. Each unit offers two separate entrances, creating a unique opportunity to reconfigure the layout into four units (2 studios + 2 one-bedrooms) and significantly increase income potential through short-term rentals or Airbnb (buyer to verify local regulations). The property is well maintained and includes separate utilities, ample parking, and private outdoor space, making it attractive for both tenants and future value-add strategies. Located in one of Hollywood's most dynamic and growing areas, just minutes from the beach, Downtown Hollywood, Gulfstream Park, and major highways including I-95. The area continues to benefit from strong demand and ongoing development, supporting long-term appreciation. Seller is offering a $10,000 contribution with a full price offer. This is a rare opportunity that combines current income, operational flexibility, and future upside, making it ideal for investors looking to strengthen or expand their portfolio in South Florida.

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      Listing Courtesy of Real Estate Empire Group, Inc.

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      The data relating to real estate for sale on this website comes in part from the participating Associations of the Miami Multiple Listing Service. The MLS data provided for the property above is provided courtesy of iHomefinder and Miami Association of REALTORS® The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

      Miami-JTHS data last updated at March 27, 2026, 9:14 AM ET

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