Spanish bungalow retreat in the heart of Hollywood on nearly half an acre of lush, tropical grounds. This income-producing property is a great 1031 exchange opportunity and features 3 buildings: a main house with 2 beds / 2 baths, gas fireplace, vaulted ceil

2535 LINCOLN ST, Hollywood

$1,199,000 USD
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Address2535 LINCOLN ST, Hollywood
Building NameHOLLYWOOD LITTLE RANCHES
Type of PropertyQuadruplex
Property StyleQuadruplex
Price$1,199,000
Previous Price$1,225,000 (18 days ago)
Property StatusActive
MLS NumberA11789306
Living Area4635
Year Built1950
Parking Space Number8
Folio Number514216014870
Zoning InformationRM-18
Days on Market155

Detailed Description: Spanish bungalow retreat in the heart of Hollywood on nearly half an acre of lush, tropical grounds. This income-producing property is a great 1031 exchange opportunity and features 3 buildings: a main house with 2 beds / 2 baths, gas fireplace, vaulted ceilings, sunroom, and updated kitchen; a detached studio w / kitchenette and full bath (licensed Airbnb); and two 1-bed / 1-bath units with updated kitchens and baths. Projected rents: main house ~ $3,000, studio $1,500– $2,000,1-beds ~ $1,800 each. 4 electric meters, updated panels, sprinkler system, and fenced yard w / room for pool, it’s a fantastic 1031 exchange opportunity. Zoned for 4 stories (up to 45 ft, 30 ft within first 100 ft), offering future development potential—ideal for townhomes or multifamily. Minutes to Downtown, I-95, airport and beaches.

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Address Information
StateFlorida
CityHollywood
CountyBroward County
Zip Code33020
Address2535 LINCOLN ST
Section16
Zip Code (4 Digits)3928
Financial Information
Price$1,199,000
Price per Foot$0
Previous Price$1,225,000
Folio Number514216014870
Tax Amount$5,704
Tax Year2024
Full Descriptions
Detailed DescriptionSpanish bungalow retreat in the heart of Hollywood on nearly half an acre of lush, tropical grounds. This income-producing property is a great 1031 exchange opportunity and features 3 buildings: a main house with 2 beds / 2 baths, gas fireplace, vaulted ceilings, sunroom, and updated kitchen; a detached studio w / kitchenette and full bath (licensed Airbnb); and two 1-bed / 1-bath units with updated kitchens and baths. Projected rents: main house ~ $3,000, studio $1,500– $2,000,1-beds ~ $1,800 each. 4 electric meters, updated panels, sprinkler system, and fenced yard w / room for pool, it’s a fantastic 1031 exchange opportunity. Zoned for 4 stories (up to 45 ft, 30 ft within first 100 ft), offering future development potential—ideal for townhomes or multifamily. Minutes to Downtown, I-95, airport and beaches.
Roof DescriptionBarrel Roof, Shingle
Floor DescriptionTerrazzo, Wood
Cooling DescriptionCentral Air, Wall / Window Unit (s)
Heating DescriptionCentral
Water DescriptionMunicipal Water
Sewer DescriptionSeptic Tank
Property parameters
Living Area4635
Zoning InformationRM-18
Year Built1950
Type of PropertyQuadruplex
StyleQuadruplex
Building NameHOLLYWOOD LITTLE RANCHES
Development NameHOLLYWOOD LITTLE RANCHES
Construction TypeCBS Construction
Stories Number1.000
Parking Space Number8
Listed withRE/MAX 5 Star Realty