2432 Taylor St, Hollywood FL 33020,Hollywood,Broward County,Commercial Sale

  • $2,300,000
2432 Taylor St, Hollywood FL 33020
Commercial Sale Active
2432 Taylor St, Hollywood FL 33020,Hollywood,Broward County,Commercial Sale
2432 Taylor St, Hollywood FL 33020
  • $2,300,000

Overview

  • Income/MultiFamily
  • Property Type
  • 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 Taylor St
  • City Hollywood
  • State/county Broward County
  • Zip/Postal Code 33020

Details

Updated on February 20, 2025 at 8:20 am
  • Price: $2,300,000
  • Year Built: 1955
  • Property Type: Income/MultiFamily
  • Property Status: Commercial Sale

Additional details

  • PublicSurveyRange: 51
  • ListAgentKey: 1935ebadec8c69d7a6e4620d2dae77a8
  • TaxLegalDescription: HOLLYWOOD LITTLE RANCHES 1-26 B LOT 26,27 LESS E 90 BLK 17
  • OnMarketDate: 2025-02-19
  • ListAgentEmail: [email protected]
  • ContractStatusChangeDate: 2025-02-19
  • MajorChangeTimestamp: 2025-02-20T02:46:16.070Z
  • Flooring: Tile,Vinyl
  • PhotosCount: 20
  • Cooling: Central Building A/C,Wall/Window Unit(s)
  • StatusChangeTimestamp: 2025-02-20T02:46:16.070Z
  • FinancialDataSource: Owner Provided,Projected Pro-Forma
  • PriceChangeTimestamp: 2025-02-20T02:29:21.223Z
  • ListingKeyNumeric: 407450966
  • MajorChangeType: New
  • ListingContractDate: 2025-02-19
  • Zoning: MC-1
  • ListAOR: A-Miami Association of REALTORS
  • TaxAnnualAmount: 25374
  • ListOfficeName: Fausto Commercial Realty Consultants Inc
  • OriginatingSystemKey: miamire
  • BusinessType: Apartments
  • PhotosChangeTimestamp: 2025-02-20T02:50:23.591Z
  • OriginatingSystemName: Miami Association of REALTORS®
  • ListOfficePhone: 9547437594
  • MlsStatus: Active
  • StreetNumber: 2432
  • LeaseTerm: 1 To 3 Year Lease
  • ListingKey: 573ce9bdfdab9a79a88156e1afac5785
  • StateOrProvince: FL
  • ListOfficeKey: 7cfc112ff185580637392301ab94285c
  • BridgeModificationTimestamp: 2025-02-20T06:02:21.262Z
  • ListAgentFullName: Elior Levi
  • Roof: Built-Up
  • ParkingTotal: 12
  • ListAgentOfficePhone: 9547437594
  • ParcelNumber: 514216016760
  • ListingTerms: All Cash,Conventional/Refinance
  • YearBuiltDetails: Resale
  • OtherExpense: 0
  • Possession: Funding
  • LeaseConsideredYN: 1
  • IDXParticipationYN: 1
  • InternetAddressDisplayYN: 1
  • ListAgentMlsId: 3574869
  • WaterSource: Public
  • ModificationTimestamp: 2025-02-20T06:00:12.817Z
  • OriginatingSystemID: miamire
  • DaysOnMarket: 1
  • ListOfficeMlsId: FAUS01
  • ListAgentDirectPhone: 954-743-7594
  • StreetNumberNumeric: 2432
  • ParkingFeatures: Assigned
  • PostalCodePlus4: 4345
  • NumberOfUnitsInCommunity: 10
  • Sewer: Septic Tank
  • SyndicationRemarks: 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.
  • Heating: Central Building A/C,Wall/Window Units
  • ListAgentStateLicense: 3574869
  • PublicSurveyTownship: 51
  • StreetName: Taylor St
  • ListOfficeFax: 305-675-0365
  • ListingAgreement: Exclusive Right To Sell
  • PublicSurveySection: 16
  • WindowFeatures: Clear Impact Glass
  • SpecialListingConditions: Sale
  • NumberOfBuildings: 5
  • OriginalListPrice: 2300000
  • BuildingAreaUnits: Square Feet
  • InternetEntireListingDisplayYN: 1
  • InternetAutomatedValuationDisplayYN: 1
  • OriginalEntryTimestamp: 2025-02-20T02:46:16.070Z
  • SourceSystemKey: 407450966
  • DocumentsAvailable: Aerial Photo(S),Rent Rolls
  • ConstructionMaterials: CBS Construction
  • LotSizeSquareFeet: 22566
  • TenantPays: Electricity
  • InternetConsumerCommentYN: 1
  • BuildingAreaTotal: 5005

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