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.
Property Type
ResidentialIncomeSubdivision
Hollywood Little RanchesCounty
BrowardStyle
FourplexAD ID
49779635
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Property Details
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Interior Features
Interior Features
- Roof: BuiltUp
Roofing Information
- BuiltUp
Flooring Information
- Tile,Vinyl
Heating & Cooling
- Heating: WallFurnace
- Cooling: WallWindowUnits
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Exterior Features
Building Information
- Year Built: 1956
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Property / Lot Details
Lot Information
- Lot Description: QuarterToHalfAcreLot
Property Information
- Subdivision: HOLLYWOOD LITTLE RANCHES
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Listing Information
Listing Price Information
- Original List Price: $2900000
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Taxes / Assessments
Tax Information
- Annual Tax: $59457
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Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Parking Information
- Garage: 17
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School, Utilities & Location Details
Utility Information
- CableAvailable
Location Information
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BuyOwner last updated this listing 05/21/2025 @ 11:43
- MLS: A11801115
- LISTING PROVIDED COURTESY OF: Elior Levi, Fausto Commercial Realty Consultants Inc
- SOURCE: SEFMIAMI
is a Home, with 20 bedrooms which is recently sold, it has 7,623 sqft, 7,623 sized lot, and 0 parking. are nearby neighborhoods.