$2,300,000
Fausto commercial is proud to present 2432 taylor st, a well-positioned multi-family asset just minutes from young circle, hollywood beach, restaurants and i-95. this 10-unit property consists of five buildings, featuring (1) 2-bedroom unit and (9) 1-bedroom units, all fully occupied with assigned parking and a spacious central garden/seating area. with current rents 25% below market, there's significant upside potential—bringing rents to market rates would push noi above $166k, achieving a 7%+ cap rate. sitting on a massive 22,500 sf lot, the property also offers prime redevelopment potential, comfortably accommodating up to 37 units in one of hollywood’s fastest-growing areas.2432 TAYLOR ST, HOLLYWOOD, FL 33020
Income/MultiFamily - for Sale
2432 TAYLOR ST, HOLLYWOOD, FL 33020Asking Price$2,300,000
- Lot size 22566sqft
- Taxes: Register to see
- Year Built 1955
-
Days on market:
214 day(s) Original Price:
$2,300,000Tax Legal Description:
HOLLYWOOD LITTLE RANCHES 1-26 B LOT 26,27 LESS E 90 BLK 17-
MLS:
A11748655 -
Property Type:
Income/MultiFamily -
Parking:
Assigned
Lease Term Remaining:
1 To 3 Year LeaseConstruction Type:
Cbs ConstructionRoof:
Built-UpCooling Description:
Central Building A/CWall/Window Unit(s)Heating Description:
Central Building A/CWall/Window UnitsFloor Description:
TileVinylSpecial Listing Conditions:
Sale