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.
Property Details
Price:
$2,300,000
MLS #:
A11748655
Status:
Active
Beds:
0
Baths:
0
Address:
2432 Taylor St
Type:
Commercial
Subtype:
Income/MultiFamily
City:
Hollywood
Listed Date:
Feb 19, 2025
State:
FL
Finished Sq Ft:
5,005
Total Sq Ft:
5,005
ZIP:
33020
Year Built:
1955
See this Listing
CENTURY 21 Carioti is a full service real estate company servicing the State of Florida with a headquarters in Orlando, FL.
More About CENTURYMortgage Calculator
Schools
Interior
Cooling
Central Building A/ C, Wall/ Window Unit(s)
Flooring
Tile, Vinyl
Heating
Central Building A/ C, Wall/ Window Units
Exterior
Construction Materials
C B S Construction
Parking Features
Assigned
Parking Spots
12
Roof
Built- Up
Financial
Taxes
$25,374
Map
Community
- Address2432 Taylor St Hollywood FL
- CityHollywood
- CountyBroward County
- Zip Code33020
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2432 Taylor St
Hollywood, FL
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