2432 Taylor St new Save Request In-Person Tour Request Virtual Tour
Hollywood,FL 33020
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 8,673 sqft
Price per Sqft $265
Subdivision Hollywood Little Ranches
MLS Listing ID A11748635
Style Fourplex
Construction Status Resale
HOA Y/N No
Year Built 1955
Annual Tax Amount $25,374
Tax Year 2024
Property Sub-Type Quadruplex
Property 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
State FL
County Broward
Community Hollywood Little Ranches
Area 3050
Interior
Heating Central
Cooling Central Air
Flooring Other,Tile,Vinyl
Window Features Impact Glass
Exterior
Pool None
Utilities Available Cable Available
Roof Type Built-Up
Total Parking Spaces 12
Private Pool No
Building
Story 1
Sewer Public Sewer
Architectural Style Fourplex
Level or Stories One
Structure Type Block
Construction Status Resale
Others
Tax ID 514216016760
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11748635