Hollywood, FL 33020 2414 Johnson St 1-17
$2,900,000
21 more
Presented By: This listing is courtesy of Fausto Commercial Realty Consultants Inc;
SQFT • 7,623
Home Details
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.
Presented By: This listing is courtesy of Fausto Commercial Realty Consultants Inc;
Interior Features for 2414 Johnson St 1-17
Bathrooms
Total Baths
Other Interior Features
Air Conditioning Y/NYes
Basement (Y/N)No
Fireplace Y/NNo
FlooringTile, Vinyl
Heating Y/NYes
General for 2414 Johnson St 1-17
Additional Parcels Y/NNo
Attached Garage No
Carport Y/NNo
CityHollywood
Construction MaterialsBlock
ContingencyPending Inspections
CoolingWallWindowUnits
CountyBroward
Electric On Property Y/NNo
Garage Y/NNo
Gross Income166500.0
HOANo
HeatingWindowUnit, WallFurnace
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Legal DescriptionHOLLYWOOD LITTLE RANCHES 1-26 B LOT 29 BLK 13
LevelsTwo
Listing TermsCash, Conventional, Other
Lot Size Square Feet20970.0
Lot Size UnitsSquareFeet
MLS Area3050
MobileHomeRemainsYNNo
Net Operating Income78263.0
New ConstructionNo
Occupancy TypeTenant
Ok to LeaseThirtySixMonths
PostalCityHollywood
Property Attached Y/NNo
Property Sub Type AdditionalMultiFamily
Property SubtypeMultiFamily
Property TypeCommercialSale
Rent Control Y/NNo
RoofBuiltUp
Senior Community Y/NNo
SewerPublicSewer
Showing InstructionsCall Listing Agent
Standard StatusActiveUnderContract
StatusActiveUnderContract
Stories2
Structure TypeApartment
Tax Annual Amount59457.0
Unit Number1-17
Virtual TourClick here
Year Built1956
Zoning DescriptionRM-18
Exterior for 2414 Johnson St 1-17
Building Area Total7623.0
Covered Spaces0.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Size Acres0.48
Lot Size Area20970.0
Number of Buildings1
Open Parking Y/NNo
Parking FeaturesAssigned
Private PoolNo
SpaNo
Water SourcePublic
WaterfrontY/NNo
Additional Details
Price History
Ana McCausland
Realtor®
