2414 Johnson St # 17 Hollywood FL 33020 MLS #A11801215

2414 Johnson St # 17
Hollywood, FL, 33020
$2,900,000
Beds
0 Baths
7,623 SqFt
0.48 Acres
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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.

Property Details

Price:
$2,900,000
MLS #:
A11801215
Status:
Active Under Contract
Beds:
0
Baths:
0
Address:
2414 Johnson St # 17
Type:
Commercial
Subtype:
Income/MultiFamily
City:
Hollywood
Listed Date:
May 14, 2025
State:
FL
Finished Sq Ft:
7,623
Total Sq Ft:
7,623
ZIP:
33020
Lot Size:
20,970 sqft / 0.48 acres (approx)
Year Built:
1956
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CENTURY 21 Carioti is a full service real estate company servicing the State of Florida with a headquarters in Orlando, FL.

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Schools

Interior

Cooling
Wall/ Window Unit(s)
Flooring
Tile, Vinyl
Heating
Wall/ Window Units

Exterior

Construction Materials
Concrete Block Construction, C B S Construction
Parking Features
Assigned
Roof
Built- Up

Financial

Net Operating Income
$78,263
Taxes
$59,457

Map

Community

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2414 Johnson St # 17
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