CLEVELAND TERRACE

1640 Mckinley St, Hollywood FL 33020

8,203 ft²

Closed

$2,999,999

Est. Payment $15,967/mo

MLS Sheet Video

8,203

Sq. Ft.

2024

Year Built

2

Stories

31

Days on Market

Description

Income-producing opportunity in the heart of Hollywood. This 2024 new construction 4-plex offers four spacious townhomes, each thoughtfully designed to attract strong, stable tenants. Every unit features 3 bedrooms and 3.5 bathrooms, along with a private 1-car garage. Interiors include custom kitchens with stainless steel appliances, wood flooring throughout, full-size washer and dryer, and en-suite bedrooms with generous walk-in closets. Located just east of US-1 and minutes from shops, Downtown Hollywood, and the beaches, this property combines modern comfort with unbeatable convenience. All units are currently leased, allowing investors to step into immediate cash flow with a high-quality, low-maintenance asset.

Facts

MLS#
A11927651
Subdivision
CLEVELAND TERRACE
Property Type
Residential Income
Property Sub Type
Quadruplex
Year Built
2024
Lot Size
0 sqft
Sq. Ft.
8,203 ft²
Sq. Mt.
762 m²
Price per sq. ft.
$366/ft²
Price per sq. mt.
$3,937/m²
Stories
2
Garage
—
Pool
—
Days on Market
31 days
Listed
Dec 9, 2025
Last Updated
Aug 11, 2026
Price/Lot Sq.Ft.
—

Comparable homes

Same ZIP, similar price + bedrooms.

Market insights for Hollywood

Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.

Sellers market

October 2026

100/100
Buyers marketSellers market

49

Median days to sold

+4.5%

1-year price forecast (est.)

Price & tax history

From the live MIAMI MLS feed. Older history requires the ListingHistory resource (not yet enabled).

8/11/2026Sold$2,999,999
12/9/2025Listed for sale$2,999,999

History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).

Location

1640 Mckinley St, Hollywood FL 33020Directions

Estimated Monthly Payment

$18,617/mo

Principal & Interest

$15,967

Property Tax

$2,500

Insurance

$150

HOA

$0

20% ($600,000)
7.00%
30 years
1.00% (FL avg ~1.0%)
$0/mo
$150/mo

Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.

Rangely Adames

Rangely Adames

Sales Associate | Sunland Group

Hablo Español

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