Basics
Date added Added 2 minutes ago | Category Quadruplex | Type Residential Income | Status Active |
Area, sq ft 8673 sq ft | Lot size, sq ft 0 sq ft | Year built 1955 | SubdivisionName HOLLYWOOD LITTLE RANCHES |
ListOfficeName Fausto Commercial Realty Consultants Inc | ListAOR Miami Association of REALTORS® | RentIncludes Hot Water, Gardener, Sewer, Trash Collection, Water | MLS ID A11748635 |
Description
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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.
Location
- CountyOrParish: Broward County
Building Details
- Cooling features: Central Air
- ArchitecturalStyle: Attached
- ParkingTotal: 12
- NewConstructionYN: No
- Building Name: HOLLYWOOD LITTLE RANCHES
- Exterior material: CBS Construction
- Roof: Built-up
- Heating: Central
Video
- Virtual Tour: https://www.propertypanorama.com/instaview/mia/A11748635
Amenities & Features
- WindowFeatures: Clear Impact Glass
- Waterfront available: No
- GarageYN: No
- AttachedGarageYN: No
- CoolingYN: Yes
- PoolPrivateYN: No
- FireplaceYN: No