23 days on rocket

1856 Lincoln St, Hollywood, FL, 33020

$2,250,000

Home List Price

$10,000*

Closing Credit

0 Baths
5,996 SqFt
$375/SqFt
Multi
Schools Nearby

Location

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1856 Lincoln St, Hollywood$2,250,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeQuadruplex
Year Built1931
HeatingOther
CoolingWall/Window Unit(s)
MLS #A11564986
StatusActive

About 1856 Lincoln St

Introducing 1856 Lincoln St, a turnkey 12-unit multifamily gem just minutes away from Young Circle and downtown Hollywood, conveniently located off of US-1. Carefully renovated, this property offers a mix of eight 1-bed/1-bath units and four studio units, each boasting new vinyl flooring, modern kitchens, and stylish bathrooms. Recent upgrades include a resealed roof and freshly painted exterior, ensuring durability and curb appeal. While currently 50% occupied, the property is steadily filling up, poised to generate over $228,000 annually, promising remarkable returns for investors at almost a 8% proforma CAP! Don't miss this opportunity to own a meticulously maintained multifamily property in a prime location. Contact us today for further details and to schedule a viewing.

Property Details

Property Features

Property Information:

  • Architectural Style: Fourplex
  • Year Built: 1931
  • Stories: 2
  • Living Area: 5,996 SqFt

Listing Office:

  • Office Name: Fausto Commercial Realty Consultants Inc
  • Office Phone: (954) 743-7594
  • Listing Agent: Elior Levi

Interior Features

Interior Information:

  • Flooring Type: Vinyl

Virtual/3D Tour

  • Virtual Tour: 1856 Lincoln St

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Utilities

Utilities Information:

  • Heating: Other
  • Cooling: Wall/Window Unit(s)

School Info

Assigned Schools Information:

  • South Broward High School, Public Magnet Grades 9-12
  • Olsen Middle School, Public District Grades 6-8
  • Dania Elementary School, Public District Grades KG-5

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,250,000
  • Price Per SqFt: $375/SqFt

Tax Information:

  • Annual Amount: $20,552
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Hollywood, FL.

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Hollywood, FL

City

Med. Sold Price

$474.5K

Med. Price/SqFt

$350

Avg. Days On Market

59

# of Sold Homes

118

1856 Lincoln St vs Hollywood

23 DAYS ON ROCKET

-36 Days

$2,250,000

+$1.7M More

$375/SqFt

+$24 More

KEY TAKEAWAY

This property is $1.7M more than the Median Sold Price and $24/SqFt more than other homes in Hollywood, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: SEFMIAMI
  • MLS Number: #A11564986

Listing Office:

  • Office Name: Fausto Commercial Realty Consultants Inc
  • Office Phone: (954) 743-7594
  • Listing Agent: Elior Levi

IDX © 2024 Miami Association of REALTORS®. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Miami Association of REALTORS®. All information is deemed reliable but not guaranteed by the MLS and should be independently verified. The MLS, this broker and their affiliates provide all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively 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. This property is offered without respect to any protected classes in accordance with the law.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/1/2024, 8:25:15 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$20,552$888,000
2019$18,051$697,440
2018$15,682$634,040
2017$15,682$694,800

History based on county public records data.

Payment Calculator

$11.2K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$6,812

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-4101518
7
/10

  • Dania Elementary School

  • 300 SE 2nd Ave

  • 2.02 miles

  • Public District Grades KG-5

Middle School

school-card-donut-4101519
2
/10

  • Olsen Middle School

  • 330 SE 11th Ter

  • 1.35 miles

  • Public District Grades 6-8

High School

school-card-donut-4101520
4
/10

  • South Broward High School

  • 1901 N Federal Hwy

  • 0.83 miles

  • Public Magnet Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $34,648. Most Hollywood, FL residents have annual incomes less than $35k. The majority of families are single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›Florida›Broward County›Hollywood›33020›1856 Lincoln St

This home is located at 1856 Lincoln St in Hollywood, FL and zip code 33020 in the Royal Poinciana neighborhood. This 5,996 square foot home was built in 1931. It has been listed on Rocket Homes since April 08, 2024 and is currently priced at $2,250,000.

Hollywood, FL housing market in March 2024 saw over 14 listings sold above listed price, more than 16 sold at listed price and over 88 sold below. The number of listings in Hollywood, FL increased by 12.8% between February 2024 and March 2024. In March 2024 median list price was $474,508 and the average listing age was 59 days.

From Rocket Homes Real Estate and based on county public records data.

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