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2414 Johnson St # 17, Hollywood FL 33020

Commercial Recently Sold
$2,750,000

BTC: 43.65079365

ETH: 1,575.02863688

Sold on: 2025-07-02
6 days
0 room(s)

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

Florida • Hollywood • 33020 • Commercial • Recently Sold

Details

Type:
Commercial Sale
Parking:
Assigned
Year Built:
1956
Lot:
0.48 Acres
Heating:
Wall/Window Units
Price/sqft:
No Data
Cooling:
Wall/Window Unit(s)
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$2,425,000
$1.8M – $4.7M
Confidence Low
List vs. estimate
$475K above estimate
List $2,900,000 · +19.6%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Based on
6 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$59,457
All facts and features

  • Flooring

    • Tile

    • Vinyl

    Heating

    • Wall/Window Units

    Cooling

    • Wall/Window Unit(s)

  • Parking

    • Assigned

    Lot

    • Lot: 0.48 Acres

    Other Property Information

    • Parcel Number: 514216015140

    • Zoning: RM-18

  • Type and style

    • Property Type: Commercial Sale

    • Property Sub Type: Income/MultiFamily

  • Other financial information

    • Annual tax amount: $59,457

  • Source details

    • MLS ID: A11801215

    Other facts

    • Construction Materials: Concrete Block Construction / CBS Construction

    • Water Source: Public

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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Market around this address

Live counts in the same area.
View all
This zip
33020
447
median $500K
Active
Same city
Hollywood
1,455
median $549K
Active
Same type
Commercial
112
median $1.5M
Active
Similar price
$2.0M – $3.8M
87
median $2.6M
Active

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 ©2026-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