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Sold for $2,750,000 on 07/02/25
  • $2,750,000

    2414 Johnson St, Hollywood, FL 33020

    20beds
    17baths
    7,623sqft
    Quadruplex
    Built in 1956
    -- sqft lot
    $2,740,700 Zestimate®
    $361/sqft
    $2,393 Estimated rent

    What's special

    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.

    Zillow last checked: 7 hours ago

    Listing updated: July 02, 2025 at 05:59pm

    Listed by:

    Elior Levi 954-743-7594,

    Fausto Commercial Realty Consultants Inc

    Bought with:

    Ann McQueen, 3041716

    Compass Florida, LLC

    Source: MIAMI,MLS#: A11801115MLS LogoOriginating MLS: A-Miami Association of REALTORS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 20
    • Bathrooms: 17
    Heating
    • Window/Wall
    Cooling
    • Wall/Window Unit(s)
    Features
    • Flooring: Tile, Vinyl
    Interior area
    • Total structure area: 7,623
    • Total interior livable area: 7,623 sqft

    Property

    Parking
    • Total spaces: 17
    Features
    • Stories: 2
    Lot
    • Features: 1/4 To Less Than 1/2 Acre Lot
    Details
    • Parcel number: 514216015140
    • Zoning: RM-18

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Quadruplex
    Materials
    • Concrete Block Construction, CBS Construction
    • Roof: Built-Up
    Condition
    • Year built: 1956

    Utilities & green energy

    • Sewer: Public Sewer

    Community & neighborhood

    Location
    • Region: Hollywood
    • Subdivision: Hollywood Little Ranches

    HOA & financial

    Other financial information
    • Total actual rent: 166500

    Other

    Other facts
    • Listing terms: All Cash,Conventional
    Services availability
    Get a cash offer in 3 minutes

    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.

    Estimated market value

    $2,740,700

    Get a cash offer in 3 minutes

    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.

    Estimated market value

    $2,740,700