206 S 15th Ave, a unique 6-unit multifamily property located on a corner lot in the sought-after Hollywood Lakes area of downtown Hollywood. The property consists of two buildings with a well-balanced unit mix: two 2-bed/1-bath units, three 1-bed/1-bath units, and one studio. Fully leased and featuring a coin-operated laundry room for added income, this asset is ideally positioned near restaurants, bars, shopping, and just minutes from the beach. Recent improvements, including a new roof and updated landscaping, enhance its appeal, with projected pro forma gross income expected to increase to $142,400 annually.
Listed by Elior Levi
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License #3574869
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Fausto Commercial Realty Consultants Inc
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954-743-7594
Last updated September 03, 2025
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Source: MIAMIRE #A11800136
Listing Facts
TypeMulti-family
NeighborhoodHollywood Lakes South Lake
Days on Prevu119
Taxes$15,810/year
Amenities
Pets Allowed
Parking
Location
Mortgage Calculator
Listing History
09/04/2025
Price Decreased
$1,600,000
07/24/2025
Status changed to Active
$1,700,000
07/15/2025
Status changed to In Contract
$1,700,000
05/11/2025
Listed by Fausto Commercial Realty Consultants Inc
$1,700,000
Property Details for 206 S 15th Ave
Association
General
Number Of Units In Community: 1
Exterior
Construction
Number Of Units Total: 6
Roof: Shingle
Stories: 2
Stories Total: 2
Structure Type: Quadruplex, Fourplex
Year Built: 1929
Year Built Details: Resale
Architectural Style: Detached
Building Name: HOLLYWOOD
Construction Materials: CBS Construction, Other
Measurements
Building Area Total: 3,686
Building Area Units: Square Feet
Lot Features: Less Than 1/4 Acre Lot
Lot Size Units: Square Feet
Financial
Taxes
Parcel Number: 514215024590
Tax Annual Amount: $15,810.00
Tax Year: 2024
Interior
Features
Flooring: Other, Wood
Measurements
Living Area Units: Square Feet
Other
Location
Subdivision Name: HOLLYWOOD
Utilities
Equipment
Cooling: Wall/Window Unit(s)
Has Cooling: Yes
Heating: Window/Wall
Has Heating: Yes
Sewer: Public Sewer
Based on information from Miami Association of REALTORS and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.
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