For Sale

2432, Taylor Street, Hollywood, United States

Broward County, FL 33020

$2,300,000

Highlights

  • 5,005 SF building on a 22,566 SF (0.52 acres) lot
  • Asking $460/SF

Property facts

Price
$2,300,000
Price per SF
$460/SF
Property type
Multi-family
Building size
5,005 SF
Lot size
22,566 SF (0.52 acres)

About this property

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.

From the listing broker.

Location

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