Thomas Street Apartments

1821 Thomas Street,

Hollywood, FL 33020

Price:
$1,990.000
Total Units:
13
Number of Buildings:
1
Number of Stories:
2
Years Built:
1957
Zoning
FH-2
Living Area:
5,287 Square Feet (*BCPA)
Lot Size:
10,696 Square Feet (*BCPA)
Type of Ownership:
Fee Simple
Utilities – Water:
City of Hollywood- Paid by Owner
Utilities – Electric:
FPL – Paid by Tenant
HVAC:
Mini-Split Air Conditioning Units

INVESTMENT OVERVIEW

The Thomas Team of Marcus & Millichap are pleased to present Thomas Street Apartments, a 13-unit apartment complex located at 1821 Thomas Street in Hollywood, Florida.

SUBJECT PROPERTY

Thomas Street Apartments were constructed in 1957 of concrete block and painted stucco. The property consists of (12) studio apartments and (one) one-bedroom/one-bathroom apartment totaling 5,287 square feet on a 10,696-square-foot lot (Broward County Property Appraiser). Units feature mini-split air conditioning and updated interior finishes, including modern kitchens with white cabinetry and vinyl wood-style flooring. Property amenities include on-site laundry, large turf courtyard and paved asphalt parking on the north and south side of the property.

LOCATION

Thomas Street Apartments offers residents convenient access to major thoroughfares and a wide variety of retail, dining, and entertainment destinations. Surrounding retailers and points of interest include Chase Bank (0.3 miles), Chipotle (0.4 miles), Starbucks (0.4 miles), Publix Super Market at West Lake Commons (0.4 miles), Walmart Neighborhood Market (0.8 miles), Walgreens Pharmacy (0.9 miles), Hollywood Beach Golf Club (1.4 miles), Twin Peaks (1.5 miles), ArtsPark at Young Circle (1.6 miles), Publix Super Market at Young Circle (1.7 miles), Hollywood North Beach Park (2.1 miles), Casino at Dania Beach (2.1 miles), Dania Pointe (Shops, Restaurants, Entertainment) (2.6 miles), Fort Lauderdale-Hollywood International Airport (3.3 miles), and Dania Beach Pier (3.9 miles).

Nearby educational facilities include South Broward High School (0.2 miles), Avant Garde Academy (1.0 miles), Olsen Middle School (1.4 miles), and Dania Elementary School (1.9 miles).

SUMMARY

Thomas Street Apartments is being offered for sale at $1,990,000 or $153,077 per unit.

INVESTMENT HIGHLIGHTS

  • 2-Story Building, 13-Units, Originally Constructed in 1957 – Recently Extensively Renovated
  • Unit Mix Consists of (12) Studio Apartments and (1) One-Bedroom | One-Bathroom Apartment
  • Units Feature Mini-Split A/C, Updated Interiors, Modern Kitchens, Vinyl Wood-Style Flooring
  • Common Area Amenities Include On-Site Laundry, Large Turf Courtyard (Gated), Ample Parking
  • Walking Distance to Chase Bank, Chipotle, Starbucks, Publix Super Market at West Lake Commons
  • Proximate to Federal Highway (US-1), Downtown Hollywood/Young Circle and Dania Beach

EXCLUSIVELY LISTED BY

JOSEPH THOMAS

Senior Managing Director Investments
Senior Director, National Multi Housing Group
Fort Lauderdale Office
Tel: (954) 245-3492
License: SL FL 3174354
joseph.thomas@marcusmillichap.com

ALEC DEMETRIOU

Director Investments
Fort Lauderdale Office
Tel: (954) 245-3586
FL SL 3328468
alec.demetriou@marcusmillichap.com
Southern Broward & Miami-Dade Counties

Thomas Street Apartments