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Multifamily Residential
$2,300,000
1621 Van Buren St #1-11, Hollywood, FL

A11800225

44 of 116 for Sale
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  • Listed On:

    May 12, 2025
  • Days on Market:

    78
  • Year:

    1925
  • Taxes:

    $34,557 per year
  • Floor Description:

  • Occupancy:

  • Zoning:

  • Parking:

    Shared Parking, On Street

1621 Van Buren St #1-11, Hollywood, FL 1621 Van Buren St, a well-maintained 11-unit multifamily property located east of US1 in the highly desirable Hollywood Lakes neighborhood, just steps from Young Circle. The building includes ten 1-bed/1-bath units and one studio, all with separate electric meters. Spanning 5,058 sq ft on a 10,244 sq ft lot, the property has undergone recent renovations and features a new roof and dedicated parking. At the asking price, it offers a solid going-in cap rate of 6.5%, with the potential to exceed 7% through modest rent increases. Seller financing is available with just 30% down and attractive terms, making this a compelling investment opportunity in a prime redevelopment area with projected pro forma gross income exceeding $225,000.

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For Sale Details

  • Heating Description

    Wall/Window Units

  • Net Operating Income

    152903

  • Parking Description

    Shared Parking, On Street

  • Photo Count

    32

  • Property Type

    Commercial Sale

  • SqFt Total

    10244

  • Terms Considered

    All Cash, Conventional/Refinance, Owner Will Carry

  • Year Built

    1925

Any questions about Multifamily Residential?
Contact our Hollywood Real Estate Specialist today.

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