Basics
Date added Added 10 hours ago | Category Income/MultiFamily | Type Commercial Sale | Status Active |
Lot size, sq ft 22566 sq ft | Year built 1955 | LeaseTerm 1 To 3 Year Lease | ListOfficeName Fausto Commercial Realty Consultants Inc |
ListAOR Miami Association of REALTORS® | MLS ID A11748655 |
Description
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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
- CountyOrParish: Broward County
Building Details
- Cooling features: Central Building A/C, Wall/Window Unit(s)
- ParkingTotal: 12
- NewConstructionYN: No
- Exterior material: CBS Construction
- Roof: Built-up
- Heating: Central Building A/C, Wall/Window Units
- Parking: Assigned
Video
- Virtual Tour: https://www.propertypanorama.com/instaview/mia/A11748655
Amenities & Features
- WindowFeatures: Clear Impact Glass
- Waterfront available: No
- GarageYN: No
- AttachedGarageYN: No
- CoolingYN: Yes
- PoolPrivateYN: No
- FireplaceYN: No