Hollywood, FL 33020,2432 Taylor St
Hollywood, FL 33020,2432 Taylor St
Hollywood, FL 33020,2432 Taylor St
Hollywood, FL 33020,2432 Taylor St
Hollywood, FL 33020,2432 Taylor St
Hollywood, FL 33020,2432 Taylor St
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$ 2,300,000
Est. payment | /mo

8,673 SqFt


$ 2,300,000
Est. payment | /mo

8,673 SqFt

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

Listed by Fausto Commercial Realty Consultants Inc
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2432 Taylor St