FL > Hollywood > Hollywood Little Ranches
Hollywood, FL 33020,2414 Johnson St
Hollywood, FL 33020,2414 Johnson St
Hollywood, FL 33020,2414 Johnson St
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German Paez

German Paez

+1(786) 380-6565
$2,900,000
Est. payment /mo
7,623 SqFt
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Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 7,623 sqft

Price per Sqft $380

Subdivision Hollywood Little Ranches

MLS Listing ID A11801115

Style Fourplex

Construction Status Resale

HOA Y/N No

Year Built 1956

Annual Tax Amount $59,457

Tax Year 2024

Property Sub-Type Quadruplex

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

Community Hollywood Little Ranches

Area 3050

Interior

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Flooring Tile, Vinyl

Exterior

Pool None

Utilities Available Cable Available

Roof Type Built-Up

Total Parking Spaces 17

Private Pool No

Building

Lot Description 1/4 to 1/2 Acre Lot

Story 2

Sewer Public Sewer

Architectural Style Fourplex

Level or Stories Two

Structure Type Block

Construction Status Resale

Others

Tax ID 514216015140

Acceptable Financing Cash, Conventional, Other

Listing Terms Cash, Conventional, Other

Virtual Tour https://www.propertypanorama.com/instaview/mia/A11801115

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Listed by Fausto Commercial Realty Consultants Inc

Learn More About LPT Realty

agent

German Paez

+1(786) 380-6565

Realtor | License ID: SL3567453

Realtor License ID: SL3567453

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2414 Johnson St