304 N Rainbow Drive, Hollywood, FL 33021

$1,199,000 Asking Price

3 beds
3 baths
3,211  sqft
Built in 1959

Calling all INVESTORS!!! The possibilities are endless with this unique residence that can be partitioned into two or three independent units. Step outside and enjoy your spacious corner lot local to dog parks, schools, beaches, shopping and so much more. The modern family or savvy investor will appreciate this rare gem which includes a casita/guest house, offering privacy and income potential. Yes, this home is already earning its keep. Currently with the casita approved AirBNB earning approximately 48-50k yearly. And can help you tap into the lucrative real estate market. Imagine the possibilities; hosting guests or generating income, while living minutes from the sun-kissed beaches. Easy access to 95, turnpike, train station. This is where comfort meets luxury.

Features & Amenities

Interior

General:
Closet Cabinetry,Dual Sinks,Fireplace,Split Bedrooms,Separate Shower,Walk-In Closet(s)
Appliances:
Built-In Oven,Cooktop,Dryer,Dishwasher,Electric Water Heater,Microwave,Refrigerator,Washer
Flooring:
Marble,Vinyl
A/C:
true, Central Air,Ceiling Fan(s)
Heating:
true, Central
Fireplace:
Fireplace

Exterior

General:
Deck,Patio,Shed, Shed(s)
Other Structures:
Shed(s)
Pool:
Pool
Parking:
Circular Driveway,Driveway,Two or More Spaces

Construction

General:
Block, 1

Location

HOA Amenities:
Other
Originating MLS:
FTL
County:
Broward

Lot

Zoning:
HOLLYWOOD HILLS 6-22 B LOT 46 BLK 78, 514207031440
View:
Garden,Pool

Utilities

Utilities:
Water Available
Water:
Public
Sewer:
Septic Tank

Financial

Source:
FTL

This listing courtesy of:
RE/MAX Select Group, Lynn Schmitz

About Hollywood, FL

Housing

Number of Units
190,482
Median Home Value
$309,023
Median Rent
$1,305

37.96% of housing units are renter occupied.

8.48% are vacant.

Commute

Car
79.44%
Public Transportation
1.88%
Walk to Work
0.78%
Work from Home
16.46%
Other
0.97%

The median travel time to work is 27 minutes.

People

Population
464,576
Median Age
39.40
Median Household Size
2.87

Education

High School
30.11%
Associate’s Degree
9.75%
Bachelor’s Degree
18.14%
Graduate Degree
11.50%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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