FL > Hollywood
Hollywood, FL 33020,2414 Johnson St #1-17
Hollywood, FL 33020,2414 Johnson St #1-17
Hollywood, FL 33020,2414 Johnson St #1-17
Hollywood, FL 33020,2414 Johnson St #1-17
Hollywood, FL 33020,2414 Johnson St #1-17
Hollywood, FL 33020,2414 Johnson St #1-17
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Andrea Smith

Andrea Smith

+1(404) 447-1935
$ 2,900,000
Est. payment | /mo

7,623 SqFt

Save Virtual Tour
$ 2,900,000
Est. payment | /mo
Save Virtual Tour

7,623 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 7,623 sqft

Price per Sqft $380

MLS Listing ID A11801215

HOA Y/N No

Year Built 1956

Annual Tax Amount $59,457

Contingent Pending Inspections

Lot Size 0.480 Acres

Acres 0.48

Property Sub-Type Multi Family

Property 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.

Location

State FL

County Broward

Area 3050

Interior

Heating Window Unit, Wall Furnace

Cooling Wall/Window Unit(s)

Flooring Tile, Vinyl

Exterior

Roof Type Built-Up

Private Pool Yes

Building

Story 2

Sewer Public Sewer

Water Public

Level or Stories Two

Structure Type Block

Others

Tax ID 514216015140

Acceptable Financing Cash, Conventional, Other

Listing Terms Cash, Conventional, Other

Virtual Tour https://www.propertypanorama.com/instaview/mia/A11801215

Listed by Fausto Commercial Realty Consultants Inc

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agent
Andrea Smith

Broker | License ID: 383400

+1(404) 447-1935

5555 Glenridge Conn Ste. 200, Atlanta, Georgia, 30342, United States

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2414 Johnson St #1-17