22 unit building in the heart of Hollywood with additional value add potential! 8 two bedrooms units and 14 one bedroom units has a monthly income of $37,600, net operating income (NOI) of $306,285 and a cap rate of 6.96%.Building has 22 parking spaces with additional street parking, gated entry, coin laundry and security cameras. Additionally, this property sits on a DH-3 zoned lot, allowing for huge potential redevelopment. Located in the Dixie Highway Mixed Use District, property can be up to 10 stories or max 140 Ft. Potential use as Retail, Hotel, Multi-Family or Mixed Use making it an attractive option for investors looking to capitalize on future growth opportunities in the area.
Property Details
Price:
$4,400,000
MLS #:
A11766910
Status:
Active
Beds:
0
Baths:
0
Address:
2000 Buchanan St
Type:
Multi Family
Subtype:
Quadruplex
Subdivision:
BONNIE VILLA APTS CO-OP,BONNIE VILLA
Neighborhood:
Bonnie Villa Apts Co-op
City:
Hollywood
Listed Date:
Mar 19, 2025
State:
FL
ZIP:
33020
Year Built:
1962
Units:
22
See this Listing
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
Ceiling Fan(s), Wall/ Window Unit(s)
Flooring
Ceramic Floor, Vinyl
Heating
Window/ Wall
Exterior
Architectural Style
Detached
Construction Materials
C B S Construction
Parking Spots
22
Roof
Shingle
Financial
HOA Fee
$8,096
HOA Frequency
Monthly
Tax Year
2025
Taxes
$47,227
Map
Community
- Address2000 Buchanan St Hollywood FL
- SubdivisionBONNIE VILLA APTS CO-OP,BONNIE VILLA
- CityHollywood
- CountyBroward County
- Zip Code33020
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