2237 Taylor St - Apartments FOR SALE


Hollywood, FL 33020- North Central Hollywood
$1,800,000 USD
954-743-7594
2237 Taylor St, Hollywood, FL for Sale
$1,800,000 USD
Apartments - FOR SALE
1/22
null | 7.42% Cap Rate

2237 Taylor St
Hollywood, FL 33020
North Central Hollywood


HIGHLIGHTS

  • Unit Mix: Seven (7) Units are 2 Bedrooms, One (1) units are 1 Bedroom
  • Fully renovated with brand-new flooring, kitchens, appliances, bathrooms, fresh paint, impact windows and doors, a 2017 roof, and PVC plumbing.
  • Potential Gross Income of $204,000 Annually at Market Rates.
  • Oversized 20,000 sq ft lot with ample parking, DH-2 zoning allows redevelopment potential for 37 units.
  • Walking distance to Young Circle, dining, and nightlife; short drive to the beach.

OVERVIEW

Rare opportunity to acquire this fully occupied 8-unit apartment building in the heart of Downtown Hollywood at 2237 Taylor St. The property features seven spacious 2-bed/2-bath units and one oversized 1-bed/2-bath unit — each approximately 860 sq ft, offering exceptional living space. Fully renovated with brand-new flooring, kitchens, appliances, bathrooms, fresh paint, impact windows and doors, a 2017 roof, and PVC plumbing throughout. Generates a current NOI of $133,000, providing an attractive 7%+ cap rate from day one. Situated on an oversized 20,000 sq ft lot with ample parking and redevelopment potential for approximately 37 units. Walking distance to Young Circle, restaurants, and bars, and just a few minutes’ drive to the beach — an unbeatable investment in a high-demand area.

FOR SALE DETAILS

PRICE

$1,800,000 USD

PRICE/SF

$272 USD /SF

# OF UNITS

8

PRICE/UNIT

$225,000

CAP RATE

7.42%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Taylor Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1980

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.45 AC

LAND SF

19,803 SF

ZONING

DH-2

APN/PARCEL ID

51-42-16-GH-0010

ASK ABOUT THIS PROPERTY

Elior LeviFausto Commercial Realty ConsultantsMore Info
954-743-7594

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Elior LeviFausto Commercial Realty ConsultantsMore Info
954-743-7594

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.