2432, Taylor Street, Hollywood, United States
Broward County, FL 33020
$2,300,000
- Multi-family
- 5,005 SF building
- 0.52 acre lot
- $460/SF
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.
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