Basic Information

  • MLS # A11748655
  • Type Multi Family
  • Status Active
  • Year Built 1955
  • Total Size 22,566 Sq.Ft / 0.52 Acre
  • Date Listed 02/20/2025
  • Days on Market 77
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.

Amenities

Exterior Features

  • Waterfront No
  • Parking Spaces 0
  • Pool No
  • Construction Type Block
  • Parking Description Assigned
  • Roof Description Built Up
  • Style Multi Family

Interior Features

  • Adjusted Sqft 0.52 AcreSq.Ft
  • Cooling Description Central Air, Wall Window Units
  • Floor Description Tile, Vinyl
  • Heating Description Central, Window Unit, Wall Furnace
  • Sqft 0.52 Acre Sq.Ft

Property Features

  • Address 2432 Taylor St
  • Aprox. Lot Size 22,566
  • City Hollywood
  • Construction Materials Block
  • County Broward
  • Furnished Info no
  • Listing Terms Cash, Conventional
  • Occupant Type Call Agent
  • Parking Features Assigned
  • Possession Closing And Funding
  • Postal City Hollywood
  • Roof Built Up
  • Sewer Description Septic Tank
  • Subdivision Complex
  • Subdivision Info
  • Tax Amount $25,374
  • Tax Legal desc H O L L Y W O O D L I T T L E R A N C H E S1-26 B L O T26,27 L E S S E90 B L K17
  • Tax Year 0
  • Terms Considered Cash, Conventional
  • Type of Property Multi Family
  • Water Source Public
  • Window Features Impact Glass
  • Year Built Details Resale

2432 Taylor St

Hollywood, FL 33020

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The multiple listing information is provided by the Miami Association of Realtors® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2023-present Miami Association of Realtors®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Fausto Commercial Realty Consultants Inc. tel: 9547437594

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