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Fourplex
2414 Johnson St
Hollywood , FL 33020
MLS#: A11801115
$2,900,000

Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1956
Sq.Footage
7,623
Fausto Commercial proudly presents this 17-unit apartment complex located at 2414 Johnson St. in Hollywood, FL. The property consists of 3 two-bedroom/one-bath units, 6 studios, and 8 one-bedroom/one-bath units. Currently underperforming with 4 vacancies, the property presents a significant value-add opportunity. With professional management and full occupancy, the projected cap rate exceeds 8%, making this an exceptional opportunity for a savvy investor. Sitting on a large 21,000 sq ft lot, the site also offers potential for redevelopment into approximately 40 units. Located just minutes from Young Circle, Hollywood Beach, restaurants, and I-95, the property offers strong tenant appeal in a high-demand rental market.
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Cooling YN
YES
-
Cooling
Wall/Window Unit(s)
-
Heating YN
YES
-
Heating
Wall Furnace
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Block
-
Pool
Yes
-
Pool Features
None
Area & Lot
-
Property Type
Residential Income
-
Property Sub Type
Quadruplex
-
Architectural Style
Fourplex
Price
-
Sales Price
$2,900,000
-
Tax Amount
59457.0
-
Zoning
RM-18
-
Sq. Footage
7, 623
-
Price/SqFt
$380
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Stories
2
-
Sewer
Public Sewer
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Location
County
Broward
Elementary School
Middle School
High School
Listing Courtesy of Elior Levi , Fausto Commercial Realty Consultants Inc
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Realtor
JarrodGaylis
Call Jarrod today to schedule a private showing.

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