1629 Arthur St, Hollywood, FL, 33020 | $790,000

Opportunity in Hollywood! This upgraded 2-bedroom, 1-bath home sits on a prime CORNER LOT with REAR ALLEY access and an oversized 9, 038 SF lot, offering move-in ready condition with strong land upside. Major improvements are already done, including impact windows, A/C (2023) , new ducts, complete electrical rewire, new plumbing, new electrical panel, new fence, and an updated kitchen. This home is delivering immediate value and peace of mind. Also with 200 SF utility shed provides flexible space for storage, tools, hobbies, or a workshop. For builders and investors, the corner exposure and alley access may support more functional site planning and enhanced parking/ingress-egress options (subject to approvals). The lot’s size and layout may allow value-add strategies such as expanding the existing home, adding a pool/outdoor living, building a custom residence, or exploring redevelopment opportunities, including a multi-residence/multi-unit concept if permitted. Convenient to shopping, dining, major roads, and beaches. Any expansion or redevelopment is subject to zoning and City approvals; Buyer to verify all intended uses and building possibilities with the City of Hollywood and conduct due diligence prior to closing.

Features

  • Bedrooms: 2
  • Baths: 1 full
  • Style: Detached,One Story
  • Year Built: 1940
  • Garage: Driveway,Detached,Garage,Other
  • Heating: Other
  • Cooling: Central Air
  • Approx Sq. Feet: 1,017
  • Est. Taxes: $4,895
  • Lot Desc: < 1/4 Acre
  • View: Other
  • Elem. School: Hollywood Centl
  • Middle School: Olsen
  • High School: South Broward
  • Appliances: Dryer,Dishwasher,Disposal,Washer
  • MLS#: A11975955
  • Days on Market: 29 days
  • Website: https://www.raveis.com
    /prop/A11975955/1629arthurst_hollywood_fl?source=qrflyer
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Listing courtesy of Coldwell Banker Realty - Naples 5th   Phone: 954-963-1600

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
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Our Insurance Division:

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1629 Arthur St, Hollywood, FL, 33020

$790,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $632,000 $632,000 $632,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.875% 6.375% 5.500%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.357% 6.533% 5.794%
Monthly Tax Payment $408 $408 $408
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $3,739 $3,943 $5,164
Total Monthly Payment $4,239 $4,443 $5,664

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first 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.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.