We are 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.
For sale
$2,300,000
2432 Taylor St, Hollywood, FL 33020
11beds
10baths
8,673sqft
Est.:
Quadruplex
Built in 1955
-- sqft lot
$-- Zestimate®
$265/sqft
$-- HOA
What's special
- 172 days
- on Zillow |
- 206 |
- 16 |
- Loading
- Loading