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2237 Taylor St Hollywood, FL 33020
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Key Details
Sold Price $1,650,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 6,880 sqft
Price per Sqft $239
Subdivision Hollywood Place Condomini
MLS Listing ID A11826032
Style Fourplex
Year Built 1979
Annual Tax Amount $25,000
Tax Year 2024
Property Sub-Type Quadruplex
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
Community Hollywood Place Condomini
Area 3050
Interior
Heating Central
Cooling Central Air
Flooring Vinyl
Exterior
Pool None
Utilities Available Cable Available
Roof Type Built-Up
Building
Lot Description 1/4 to 1/2 Acre Lot
Story 1
Sewer Septic Tank
Structure Type Block
Others
Acceptable Financing Cash, Conventional, Other
Listing Terms Cash, Conventional, Other
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Bought with Fausto Commercial Realty Consultants Inc