2118 N Ocean Dr, Hollywood FL 33019,Hollywood,Broward County,Residential Income

Mini-Marina Resort on the water. 4 apartments building + 4 Large boat slips, 200 feet of dockage, steps to the Beach & Dozens of waterfront Restaurants, make a minimum 10%+ CAP on Short-Term Rentals /Airbnb or Long-Term on Annual Leases 5% CAP, Total 22k per month on Annual leases, in addition 4 Large Slips setup for 50′ to 60′ Yachts, rent-able Dockage for an extra total monthly income of $8,900. Slips are zoned for boat rentals with Deep water access / no fixed bridges. Unobstructed west facing sunset views of the 1500 Acre Ann Kolb Nature Preserve & Miles of kayak river trails. Situated in the yacht capital of the world, 20mins from Fort Lauderdale downtown & Miami. Building has all impact windows and doors, all 4 units are all renovated, and turnkey fully furnished.