1. Florida
2. Hollywood
3. 1621 Van Buren St 1-11

1621 Van Buren St 1-11, Hollywood, FL 33020

• 5,058 sqft

Property Description

Fausto Commercial is proud to present 1621 Van Buren St, a well-maintained 11-unit multifamily property located east of US1 in the highly desirable Hollywood Lakes neighborhood, just steps from Young Circle. The building includes ten 1-bed/1-bath units and one studio, all with separate electric meters. Spanning 5,058 sq ft on a 10,244 sq ft lot, the property has undergone recent renovations and features a new roof and dedicated parking. At the asking price, it offers a solid going-in cap rate of 6.5%, with the potential to exceed 7% through modest rent increases. Seller financing is available with just 30% down and attractive terms, making this a compelling investment opportunity in a prime redevelopment area with projected pro forma gross income exceeding $225,000.

Listing Status:

Active

Date Added:

May 11, 2025 at 05:00AM

Listing Office:

Fausto Commercial Realty Consultants Inc : 954-743-7594

Listing Agent:

Elior Levi : 954-743-7594

MLS ID:

A11800225

Interior

• A/C: Wall/Window Unit(s)
• Heating: Wall/Window Units

Exterior

Construction

Location

Lot

Utilities

Financial

This listing courtesy of Elior Levi, Fausto Commercial Realty Consultants Inc