2414 Johnson St, Hollywood, FL 33020
- Sqft
- 7,623
View property features, location on map, relevant school information and overview from seller's agent.
- 6
- 0
Overview
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.
Location
Full feature list
Basic info
- Property type
- Multi-family
- Number of stories
- 2
- Square feet
- 7,623
- Year built
- 1956
Utilities
- Heating
- Wall furnace
- Cooling
- Wall/window unit(s)
- Sewer
- Public sewer
Taxes
- Tax Annual Amount (2024)
- $59,457
Public schools
Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.
Sourced from: MIAMI REALTORS MLS MLS®#: A11801115 Last checked: …
