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31514546
31514548

1640 Washington St, Hollywood, FL 33020 For Sale

MD
FL 3327742
Sold Realty
Listed by Sold Realty
$989,000
106 days on market
Updated 106 days ago

1640 WASHIGHINTON

Details
APN 5142-22-09-1620
Property Type Mixed Use
Sub Type INVESTMENT
Square Footage 2,030
Net Rentable (SqFt) 2,030
Units 1
Cap Rate 9.00%
Price per SqFt $487
Broker Co-Op Yes
Class B
Year Built 1972
Year Renovated 2025
Buildings 1
Stories 1
Acreage 0.158
Zoning RS-6
Investment Type Owner/User
Ownership OWNER

1640 WASHIGHINTON IN HOLLYWOOD GREAT INVESTMENT- MOVE IN READY

Marketing description

Pool Home Near Beach | High ROI Potential

Positioned in one of South Florida’s most desirable short-term rental markets, this fully renovated pool home east of US-1 in Hollywood offers a rare opportunity to acquire a ready-to-perform income-producing asset.

πŸ“ˆ Investment Highlights

    • πŸŠβ™‚οΈ Private pool β€” top driver of Airbnb bookings and premium nightly rates
    • 🏑 Fully remodeled, turnkey condition β€” no capex required
    • πŸ“ Prime location β€” minutes to Hollywood Beach & Downtown
    • ✈️ Close proximity to Fort Lauderdale Airport (FLL)
    • πŸ”‘ Designed for immediate short-term rental operation

πŸ’΅ Income Potential

This property is optimized for today’s rental market, featuring the exact amenities guests search for:

    • Pool + outdoor entertaining space
    • Modern interior (higher nightly rates)
    • Beach proximity (year-round demand)

βœ” Strong occupancy potential

βœ” Premium weekend and seasonal pricing

βœ” Attractive ROI for both short-term and mid-term rental strategies

🏑 Asset Quality

    • Brand-new pool and spacious patio
    • Updated kitchen with new appliances
    • Renovated bathrooms
    • Durable porcelain tile flooring throughout
    • Hurricane-impact windows (reduced insurance risk + lower operating costs)

πŸ“ Location = Demand

Located in a high-demand rental corridor, this property benefits from:

    • Consistent tourism flow
    • Proximity to beaches, dining, and entertainment
    • Easy airport access (key for short stays)

πŸ”„ Flexible Investment Strategy

This property supports multiple exit and income strategies:

    • Airbnb / short-term rental
    • Seasonal rental (snowbirds)
    • Mid-term corporate housing
    • Long-term hold with appreciation

πŸš€ Why This Deal Stands Out

βœ” Turnkey β€” no renovation delays

βœ” High-demand features (pool + modern design)

βœ” Prime location driving consistent bookings

βœ” Scalable income potential

πŸ“Š Investor Takeaway

This is not just a property β€” it’s a cash-flow-ready asset positioned in a high-growth Florida market, with the fundamentals to support both immediate income and long-term appreciation.

Listing Contacts

MD
FL 3327742
Sold Realty
Listed by Sold Realty

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Additional Information

Name
Michael D
License
3327742
Brokerage
SOLD REALTY
Brokerage Phone
216-780-9600
Title
REAL ESTATE BROKER
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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