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Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1979
Sq.Footage
6,880
Rare opportunity to acquire this fully occupied 8-unit apartment building in the heart of Downtown Hollywood at 2237 Taylor St. The property features seven spacious 2-bed/2-bath units and one oversized 1-bed/2-bath unit — each approximately 860 sq ft, offering exceptional living space. Fully renovated with brand-new flooring, kitchens, appliances, bathrooms, fresh paint, impact windows and doors, a 2017 roof, and PVC plumbing throughout. Generates a current NOI of $133,000, providing an attractive 7%+ cap rate from day one. Situated on an oversized 20,000 sq ft lot with ample parking and redevelopment potential for approximately 37 units. Walking distance to Young Circle, restaurants, and bars, and just a few minutes’ drive to the beach — an unbeatable investment in a high-demand area.
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Cooling YN
YES
-
Cooling
Central Air
-
Heating YN
YES
-
Heating
Central, Electric
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Block
-
Parking
Assigned
-
Pool
No
Area & Lot
-
Lot Size(acres)
0.46
-
Lot Size(square feet)
20000.0
-
Property Type
Commercial Sale
-
Property Sub Type
Multi Family
Price
-
Sales Price
$1,800,000
-
Tax Amount
$25,000
-
Zoning
DH-2
-
Sq. Footage
N/A
-
Price/SqFt
N/A
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Stories
1
-
Sewer
Septic Tank
-
Water Source
Public
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Location
County
Broward
Elementary School
Middle School
High School
Listing Courtesy of Elior Levi , Fausto Commercial Realty Consultants Inc
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Realtor
Jarrod Gaylis
Call Jarrod today to schedule a private showing.
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