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Gelfand Realty Miami Properties for Sale - Multi Family for Sale

2000 BUCHANAN ST, HOLLYWOOD, FL 33020

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Multi Family - BONNIE VILLA APTS CO-OP for Sale

2000 BUCHANAN ST, HOLLYWOOD, FL 33020

Date Sold 08-18-2025

Sold Price$4,004,000 Asking Price$4,400,000

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  • Days on market:

    30 day(s)

  • Original Price:

    $4,400,000

  • Tax Legal Description:

    BONNIE VILLA APTS CO-OP UNIT 1

  • Tax Year:

    2025

  • Property Type:

    Multi Family

  • Style:

    Fourplex

  • Construction Type:

    Cbs Construction

  • Roof:

    Shingle

  • Cooling Description:

    Ceiling Fan(s)Wall/Window Unit(s)

  • Heating Description:

    Window/Wall

  • Floor Description:

    Ceramic FloorVinyl

  • Lot Features:

    Less Than 1/4 Acre Lot

  • Type of Association:

    Other

Description

$4,400,000

22 unit building in the heart of hollywood with additional value add potential! 8 two bedrooms units and 14 one bedroom units has a monthly income of $37,600, net operating income (noi) of $306,285 and a cap rate of 6.96%.building has 22 parking spaces with additional street parking, gated entry, coin laundry and security cameras. additionally, this property sits on a dh-3 zoned lot, allowing for huge potential redevelopment. located in the dixie highway mixed use district, property can be up to 10 stories or max 140 ft. potential use as retail, hotel, multi-family or mixed use making it an attractive option for investors looking to capitalize on future growth opportunities in the area.
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