$2,300,000

2432 Taylor St, Hollywood, FL 33020

  • 8,673 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1955
  • Property Lot Size Icon —— sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $265/sqft
  • Property List Date Icon Listed 3 months ago

Property Description

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.

Listing Status:
Active
Date Added:
February 19, 2025 at 06:00AM
Listing Office:
Fausto Commercial Realty Consultants Inc : 786-748-7373
Listing Agent:
Elior Levi : 954-743-7594
MLS ID:
A11748635
  • Flooring: OtherTileVinyl
  • A/C: Central Air
  • Heating: Central

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

Location

Schools Nearby

A

Alpha International Academy

121 S 24th Ave, Hollywood, FL, 33020

Grades KG-5

0.21 miles away

B

Ben Gamla Charter School

2620 Hollywood Blvd, Hollywood, FL, 33020

Grades KG-8

0.33 miles away

T

The Ben Gamla Preparatory Academy

2650 Van Buren St, Hollywood, FL, 33020

Grades 6-12

0.33 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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