20
See all 20 photos
$2,300,000
Est. payment /mo
5,005 SqFt
Active
2432 Taylor St Hollywood, FL 33020
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Key Details
Property Type Multi-Family, Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 5,005 sqft
Price per Sqft $459
MLS Listing ID A11748655
HOA Y/N No
Year Built 1955
Annual Tax Amount $25,374
Lot Size 0.518 Acres
Property Sub-Type Multi Family
Property Description
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.
Location
State FL
County Broward
Area 3050
Interior
Heating Central, Window Unit, Wall Furnace
Cooling Central Air, Wall/Window Unit(s)
Flooring Tile, Vinyl
Window Features Impact Glass
Exterior
Roof Type Built-Up
Total Parking Spaces 12
Private Pool Yes
Building
Sewer Septic Tank
Water Public
Structure Type Block
Others
Tax ID 514216016760
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11748655
Listed by Fausto Commercial Realty Consultants Inc
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