$1,650,000
$1,800,000
8.3%For more information regarding the value of a property, please contact us for a free consultation.
6,880 SqFt
SOLD DATE : 08/27/2025
Key Details
Sold Price $1,650,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 6,880 sqft
Price per Sqft $239
MLS Listing ID A11826039
Sold Date 08/27/25
HOA Y/N No
Year Built 1979
Annual Tax Amount $25,000
Tax Year 2025
Contingent Pending Inspections
Lot Size 0.460 Acres
Acres 0.46
Property Sub-Type Multi Family
Property Description
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.
Location
State FL
County Broward
Area 3050
Interior
Heating Central, Electric
Cooling Central Air
Flooring Vinyl
Window Features Impact Glass
Exterior
Roof Type Built-Up
Total Parking Spaces 15
Private Pool Yes
Building
Story 1
Sewer Septic Tank
Water Public
Level or Stories One
Structure Type Block
Others
Tax ID 514216GH0010
Acceptable Financing Cash, Conventional, Other
Listing Terms Cash, Conventional, Other
Financing Cash
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Bought with Fausto Commercial Realty Consultants Inc
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