Basics
- Category: CommercialSale
 - Type: Multifamily
 - Status: Active
 - Bathrooms: 0
 - Lot size: 22566, 22566 sq ft
 - Year built: 1955
 - County: Broward
 - Lease Term: ThirtySixMonths
 - MLS ID: A11748655
 
Description
- 
                                    Description: 
HOLLYWOOD LITTLE RANCHES 1-26 B LOT 26,27 LESS E 90 BLK 17 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.
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Building Details
Amenities & Features
- Parking Features: Assigned
 - Parking Total: 12
 - Roof: BuiltUp
 - Window Features: ImpactGlass
 - Cooling: CentralAir,WallWindowUnits
 - Heating: Central,WindowUnit,WallFurnace
 
Expenses, Fees & Taxes
- Tax Annual Amount: $25,374
 
Miscellaneous
- List Office Name: Fausto Commercial Realty Consultants Inc
 - Listing Terms: Cash,Conventional
 
Ask our real estate expert about this property
This Multifamily-type commercial real estate is located in FL, Hollywood was built in 1955, and is listed at $2,300,000.