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Income/MultiFamily - for Sale

2237 TAYLOR ST, HOLLYWOOD, FL 33020

Sold Price$1,650,000 Asking Price$1,800,000

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  • Days on market:

    26 day(s)
  • Original Price:

    $1,800,000
  • Tax Legal Description:

    HOLLYWOOD PLACE CONDOMINIUM UNIT 1A PER CDO BK/PG: 8231/19
  • Tax Year:

    2025
  • Property Type:

    Income/MultiFamily
  • Parking:

    Assigned Additional Spaces Available
  • Lease Term Remaining:

    1 To 3 Year Lease
  • Construction Type:

    Cbs ConstructionConcrete Block Construction
  • Roof:

    Built-Up
  • Cooling Description:

    Central Individual A/C
  • Heating Description:

    Central Electric
  • Floor Description:

    Vinyl
  • Special Listing Conditions:

    Sale

Description

$1,800,000

Rare opportunity to acquire this fully occupied 8-unit apartment building in the heart of downtown hollywood at 2237 taylor st. the property features seven spacious 2-bed/2-bath units and one oversized 1-bed/2-bath unit — each approximately 860 sq ft, offering exceptional living space. fully renovated with brand-new flooring, kitchens, appliances, bathrooms, fresh paint, impact windows and doors, a 2017 roof, and pvc plumbing throughout. generates a current noi of $133,000, providing an attractive 7%+ cap rate from day one. situated on an oversized 20,000 sq ft lot with ample parking and redevelopment potential for approximately 37 units. walking distance to young circle, restaurants, and bars, and just a few minutes’ drive to the beach — an unbeatable investment in a high-demand area.

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