FL > Hollywood
Hollywood, FL 33020,2414 Johnson St #1-17
Hollywood, FL 33020,2414 Johnson St #1-17
Hollywood, FL 33020,2414 Johnson St #1-17
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Bernadette Bunch

Bernadette Bunch

+1(772) 200-4191
$2,900,000
Est. payment /mo
7,623 SqFt
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 7,623 sqft

Price per Sqft $380

MLS Listing ID A11801215

HOA Y/N No

Year Built 1956

Annual Tax Amount $59,457

Lot Size 0.480 Acres

Acres 0.48

Property Sub-Type Multi Family

Property Description

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.

Location

State FL

County Broward

Area 3050

Interior

Heating Window Unit, Wall Furnace

Cooling Wall/Window Unit(s)

Flooring Tile, Vinyl

Exterior

Roof Type Built-Up

Private Pool Yes

Building

Story 2

Sewer Public Sewer

Water Public

Level or Stories Two

Structure Type Block

Others

Tax ID 514216015140

Acceptable Financing Cash, Conventional, Other

Listing Terms Cash, Conventional, Other

Virtual Tour https://www.propertypanorama.com/instaview/mia/A11801215

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Listed by Fausto Commercial Realty Consultants Inc
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"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(772) 200-4191

bernadette@bernadettebunch.com

3591 NW FEDERAL HWY, JENSEN BEACH, Florida, 34957, USA

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2414 Johnson St #1-17