Basic Information

  • MLS # A11801115
  • Type Duplex / Quad Plex / Triplex
  • Status
  • Subdivision/Complex Hollywood Little Ranches
  • Year Built 1956
  • Total Sqft 7,623
  • Date Listed 05/14/2025
  • Days on Market 46
Description

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.

Exterior Features

  • Waterfront No
  • Pool No
  • Parking Spaces 0
  • Parking Description

Interior Features

  • Adjusted Sqft 7,623
  • Sqft 7,623

Property Features

  • Aprox. Lot Size 7,623
  • Furnished Info No
  • Lot Description Quarter To Half Acre Lot
  • Short Sale Regular Sale
  • HOA Fees N/A
  • Subdivision Complex
  • Subdivision Info Hollywood Little Ranches
  • Tax Amount $59,457
  • Tax Year 2024

2414 Johnson 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: 305-431-2258

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