Excellent investment opportunity! Beautifully remodeled income-producing property! This unique duplex features 3 independent units, including a spacious 2/1 and 1/1, and a separate studio, offering flexibility for investors or owner-occupants. Both main units have been fully updated with elegant marble floors, modern appliance, and abundant natural light throughout, creating a bright and inviting living space.
Unbeatable location just 2 blocks east of Federal Hwy and minutes from Downtown and Hollywood Beach.
This is a true value-add opportunity for investors for long-term hold. The property offers strong potential for rental growth and long-term appreciation in a rapidly improving neighborhood. Please review the offer memorandum for neighborhood trends, lease analysis and sales grids. Don't miss this incredible opportunity!
1629 Mayo St, Hollywood, FL, 33020
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
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