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1621 Van Buren St # 11, Hollywood FL 33020

Commercial Active With Contract
$2,300,000

BTC: 76.66666667

ETH: 1,150.00000000

159 days
0 room(s)
Est. Estimated sales range: $0 - $0
$0

Overview

1621 Van Buren St, a well-maintained 11-unit multifamily property located east of US1 in the highly desirable Hollywood Lakes neighborhood, just steps from Young Circle. The building includes ten 1-bed/1-bath units and one studio, all with separate electric meters. Spanning 5,058 sq ft on a 10,244 sq ft lot, the property has undergone recent renovations and features a new roof and dedicated parking. At the asking price, it offers a solid going-in cap rate of 6.5%, with the potential to exceed 7% through modest rent increases. Seller financing is available with just 30% down and attractive terms, making this a compelling investment opportunity in a prime redevelopment area with projected pro forma gross income exceeding $225,000.

Location

Florida • Hollywood • 33020 • Commercial • Active With Contract

Facts and features

Type:
Commercial Sale
Parking:
Shared Parking / On Street
Year Built:
1925
Lot:
10244 Square Feet
Heating:
Wall/Window Units
Price/sqft:
No Data
Cooling:
Wall/Window Unit(s)
HOA:
No Data
All facts and features

  • Heating

    • Wall/Window Units

    Cooling

    • Wall/Window Unit(s)

  • Parking

    • Shared Parking

    • On Street

    Lot

    • Lot: 10244 Square Feet

    Other Property Information

    • Parcel Number: 514215023380

    • Zoning: LT

  • Type and style

    • Property Type: Commercial Sale

    • Property Sub Type: Income/MultiFamily

  • Other financial information

    • Annual tax amount: $34,557

  • Source details

    • MLS ID: A11800225

    Other facts

    • Construction Materials: CBS Construction

    • Lot Features: City Location

    • Water Source: Public

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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 ©2025-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