Property Description
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.
Features
: Central Building A/c, Wall/window Units
: Central Building A/c, Wall/window Unit(s)
: 12
: Tile, Vinyl
: Assigned
: Built-up
: Septic Tank
Address Map
FL
Broward County
Hollywood
33020
2432 Taylor St
0
W81° 50' 39''
N26° 0' 48.6''
MLS Addon
: Cbs Construction
1
: 1 To 3 Year Lease
: All Cash, Conventional/refinance
: Sale
$25,374
: Public
MC-1
Commercial Sale For Sale
2432 Taylor St, Hollywood, Florida 33020
22,566 Sqft
$2,300,000
Listing ID #A11748655
Basic Details
Property Type : Commercial Sale
Property SubType : Income/multifamily
Listing Type : For Sale
Listing ID : A11748655
Price : $2,300,000
Year Built : 1955
Lot Area : 22,566 Sqft
Building Area : 5,005 Sqft
Status : Active
