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Multi Family - HOLLYWOOD LITTLE RANCHES for Sale

2432 TAYLOR ST, HOLLYWOOD, FL 33020

Asking Price$2,300,000

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  • Days on market:

    214 day(s)
  • Adjusted Area:

    5005 sqft
  • Original Price:

    $2,300,000
  • Price per sqft:

    $265.19
  • Tax Legal Description:

    HOLLYWOOD LITTLE RANCHES 1-26 B LOT 26,27 LESS E 90 BLK 17
  • Tax Year:

    2024
  • Property Type:

    Multi Family
  • Style:

    Fourplex
  • Construction Type:

    Cbs Construction
  • Roof:

    Built-Up
  • Cooling Description:

    Central Air
  • Heating Description:

    Central
  • Floor Description:

    TileOtherVinyl
  • Lot Features:

    1/2 To Less Than 3/4 Acre Lot
  • Type of Association:

    None

Description

$2,300,000 • living size area 8673 sqft

We are 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.

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