2432 Taylor St, Hollywood, 33020

  • $2,300,000

Listing UP for Sale

Hollywood

Overview

Property ID: A11748655
  • 22566
  • Lot sqft
  • 1955
  • Year Built

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.

  • Address 2432 Taylor St
  • City Hollywood
  • State/county Florida
  • Zip/Postal Code 33020
  • Area Broward County

Details

Updated on February 19, 2025 at 11:42 pm
  • Property ID: A11748655
  • Price: $2,300,000
  • Land Area: 22566 sqft
  • Year Built: 1955
  • Property Status: Listing UP for Sale

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Elior Levi
  • Elior Levi